Senior Underwriter

5 days ago


Philadelphia Pennsylvania, United States AmTrust Financial Services, Inc. Full time
Job Title: Senior Underwriter

AmTrust Financial Services, Inc. is seeking a highly skilled Senior Underwriter to join our team. 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 risk pricing by analyzing exposures, claims experience, and utilizing pricing tools and worksheets.
  • Consistently achieve budgeted financial results, including premium, loss ratio, retention, commissions, pricing, new business, premium collection, and expense management.
  • Identify and take corrective action on individual risk characteristics identified through broker reviews, large loss analysis, risk control, etc.
  • Ensure compliance with underwriting strategies and regulatory requirements.
  • Remain current on legal and regulatory changes and claim development to contribute to unit product development and portfolio decisions.
  • Provide responsive service to brokers by delivering timely and accurate quotes and endorsements.
Requirements:
  • Minimum of 7 years of Liability underwriting experience, preferably with high-hazard, complex risks, or E&S underwriting experience.
  • 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.
What We Offer:

AmTrust Financial Services, Inc. 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. This concept encompasses human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion, or disabilities.


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