Regional Executive Underwriter
7 hours ago
AmTrust Financial Services is seeking an experienced Executive Underwriter to join our team. The successful candidate will be responsible for underwriting and managing a portfolio of Management Liability Insurance in accordance with division guidelines, strategy, and profitability standards.
Key Responsibilities
- Develop and implement underwriting strategies to achieve budgeted financial results, including premium, loss ratio, retention, commissions, pricing, new business, premium collection, and expense management.
- Conduct thorough risk assessments and analysis to identify cross-sell opportunities and implement 120-day strategies to ensure compliance and profitability of risks.
- Collaborate with the underwriting team to develop and implement underwriting strategies for all product lines, including Directors & Officers, Professional Liability, Fiduciary, Cyber, Employment Practices Liability, and FI Bond.
- Provide responsive service to brokers by delivering timely and accurate quotes and endorsements.
- Assist in the development and implementation of underwriting strategy for all product lines.
Requirements
- 5+ years of underwriting and rating experience with a focus on Management and Professional Liability insurance products, preferably with knowledge of Financial Institutions.
- Bachelor's Degree in Business or a related field.
- Strong knowledge of the D&O external market and demonstrated marketing and business development experience within the retail and wholesale distribution channel.
- Able to understand and execute to strategic priorities, including pricing strategy, agent strategy, rate strategy, underwriting appetite, limit management, and mix of business.
- Advanced analytical skills to interpret business information drawn from multiple sources to take critical account decisions regarding quality of risk.
- Strong interpersonal skills and ability to work collaboratively with colleagues in other functional areas and across the Group, share knowledge by participating in line of business monitoring and product development activities.
- Strong Organizational and Time Management Skills.
- Ability to travel up to 25% of the time within the assigned territory.
- Strong knowledge of the Microsoft Suite with specific emphasis on Excel.
What We Offer
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.
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