Senior Underwriter Position

5 days ago


Scottsdale, Arizona, United States AmTrust Financial Full time
Job Summary

AmTrust Financial Services is seeking a seasoned Senior Underwriter to join our Complex Account Unit in Scottsdale, AZ. As a key member of our team, you will be responsible for underwriting and managing a portfolio of large, complex, and unique workers' compensation accounts.

Key Responsibilities
  • Develop and maintain a solid flow of new business opportunities, identifying growth potential within new and existing production sources.
  • Analyze exposures, claims experience, and utilize pricing tools to develop risk pricing for new accounts within assigned portfolio and authority level.
  • Consistently achieve budgeted financial results, including premium, loss ratio, retention, commissions, pricing, new business, premium collection, and expense management.
  • Support the achievement of continued profitability, growth, and/or operational efficiencies for a product line through assessment of competitor product offerings and market appetite.
  • Remain current on legal and regulatory changes, claim development, and emerging exposures/issues to contribute to unit product development and portfolio decisions.
  • May take lead responsibility for position papers on emerging exposures/issues when assigned.
  • Identify and take corrective action or collaborate with the appropriate area within the organization based on individual risk characteristics identified through broker reviews, large loss analysis, risk control, etc.
  • Coach, lead, and develop underwriters and direct the development of pricing and associated exposure training.
  • Keep current with market trends and demands.

Requirements

Required:

10+ years industry experience, 7+ years in workers' compensation.

BA/BS degree strongly preferred, or equivalent in experience.

Knowledge of workers' compensation, 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.

Strong knowledge of workers' compensation external market and demonstrated marketing and business development experience within the agency distribution channel.

Advanced analytical skills to interpret business information drawn from multiple sources to take critical account decisions regarding quality of risk.

Excellent written and oral communication skills and ability to interact effectively with all levels in the organization.

Keen influencing and negotiation skills are essential.

Strong computer skills (Excel, Word, SharePoint) with demonstrated high accuracy output.

Ability and desire to travel up to 25% of the time within the assigned territory.

Preferred: CPCU or other related Insurance Designation(s) preferred.


About AmTrust Financial

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include medical and dental plans, life insurance, health care flexible spending, dependent care, 401k savings plans, and paid time off. AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected.
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