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Senior Underwriter Position
2 months ago
We are seeking a highly skilled Senior Underwriter to join our team at AmTrust Financial Services. As a Senior Underwriter, you will be responsible for underwriting and managing a portfolio of hard-to-place liability risks with tougher exposures.
Key Responsibilities- Develop and maintain a solid flow of new business opportunities, identifying opportunities for growth within new and existing production sources.
- Develop risk pricing by analyzing exposures, claims experience, utilizing pricing tools and worksheets, comparison to similar risks, as well as experience in underwriting exposures pertaining to individual risks.
- Consistently achieve budgeted financial results as established for individual portfolios.
- Identify and take corrective action and/or collaborate with the appropriate area within the organization based on individual risk characteristics identified through broker reviews, large loss analysis, risk control, etc.
- Insure compliance with underwriting strategies and regulatory requirements.
- Remain current on legal and regulatory changes and claim development in order to contribute to unit product development and portfolio decisions.
- Provide responsive service to brokers by delivering timely and accurate quotes and endorsements.
- Minimum of 7 years of Liability underwriting experience preferred; high-hazard, complex risks, or E&S underwriting experience highly desired with a focus on construction, products liability, hospitality and distressed premises risks.
- BA/BS degree strongly preferred, or equivalent in experience.
- CPCU or other related Insurance Designation(s) preferred.
- Knowledge of commercial Excess and Surplus lines risk, classification, pricing and coverage options with adherence to applicable statutory compliance issues and corporate guidelines.
- Able to understand and execute to strategic priorities including; pricing strategy, agent strategy, rate strategy, underwriting appetite, limit management and mix of business.
- Strong knowledge of the E & S external market and demonstrated marketing and business development experience within the wholesale distribution channel.
AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.
AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.
