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Senior Underwriter
2 months ago
We are seeking a highly experienced 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 complex liability risks, including medium to high hazard general liability insurance.
Key Responsibilities- Develop and implement underwriting strategies to achieve budgeted financial results, including premium, loss ratio, retention, commissions, and pricing.
- Analyze exposures, claims experience, and utilize pricing tools and worksheets to develop risk pricing for new accounts within assigned portfolio and authority level.
- Identify and take corrective action on individual risk characteristics identified through broker reviews, large loss analysis, risk control, and regulatory requirements.
- Provide responsive service to brokers by delivering timely and accurate quotes and endorsements.
- Remain current on legal and regulatory changes and claim development to contribute to unit product development and portfolio decisions.
- Minimum of 7 years of liability underwriting experience, preferably with high-hazard, complex risks, or E&S underwriting experience.
- BA/BS degree 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 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 and dental plans, life insurance, health care flexible spending, dependent care, 401(k) savings plans, and paid time off.
We strive to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion, or disabilities.
