Senior Underwriter, Primary Casualty Specialist

4 weeks ago


Chicago, Illinois, United States AmTrust Financial Full time

Job Summary:

We are seeking a highly experienced Senior Underwriter to join our team at AmTrust Financial Services. This is a challenging opportunity for an individual with a minimum of seven years of E&S underwriting experience to manage a portfolio of hard to place liability risks.

Key Responsibilities:

  • Develop and maintain a solid flow of new business opportunities, identifying growth opportunities within new and existing production sources.
  • 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 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 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.

What We Offer:

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. We value excellence and recognize that by embracing diverse backgrounds, skills, and perspectives, we will sustain a competitive advantage and remain an employer of choice.



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