Risk Management Specialist
2 months ago
About the Role
The Underwriter plays a critical role in the success of AmTrust Financial Services, administering the underwriting and servicing of renewal accounts for brokers and producers assigned within the territory. This position requires a strong understanding of commercial lines property and casualty insurance, as well as excellent analytical and communication skills.
Key Responsibilities
- Research and develop new classes of business, analyzing market trends and competition to identify opportunities for growth.
- Assess market viability and suggest form wording on endorsements and exclusions, supporting rate changes based on global strategy.
- Review individual risks with assigned brokers, declining or accepting business based on information necessary to make informed decisions.
- Analyze exposures to loss, develop adequate premium charges, and determine endorsements and exclusions to address loss exposures for the insurance contract.
- Work with assigned agents/brokers to achieve team/individual production and loss ratio goals, utilizing sound management and marketing techniques.
- Oversee or handle policy maintenance items, conducting midterm policy audits and reviewing endorsement requests.
- Collaborate with agents/brokers to ensure loss control compliance, reviewing Loss Control reports and recommendations.
- Travel to broker offices for training or marketing visits, entertaining clients as required.
Requirements
- Bachelor's degree from an accredited college or university.
- 5+ years of commercial lines property and casualty experience.
- Demonstrated experience with and expert technical knowledge of Excess Casualty coverage and risk selection, methods, and pricing.
- Ability to interpret and analyze data, making informed, calculated risk decisions.
- Ability to make sound contributions to tactical and strategic planning.
- Ability to collaborate with individuals of various backgrounds within area of expertise.
Preferred Qualifications
- CPCU, AIS, or CIC designation preferred, or the equivalent combination of education and experience.
About AmTrust Financial Services
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.
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