AmTrust Financial Services

AVP, Underwriting, E&S

AmTrust Financial Services$131K — $220K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of experience in Commercial Underwriting with a focus on E&S Casualty
  • Strong analytical and problem-solving abilities
  • Good understanding of costs and expenses
  • Exceptional customer service and communication skills
  • Ability to assess risk acceptability per company standards
  • Experience with the wholesale brokerage community
  • Team-oriented and capable of thriving in a fast-paced environment

Responsibilities

  • Manage E&S Primary Casualty and Supported Excess Products while maintaining a personal book of business
  • Develop and optimize workflows and automation processes
  • Implement procedures to enhance profitability
  • Audit underwriters to address procedural challenges and training needs
  • Assist underwriters with complex underwriting issues
  • Represent the Underwriting Department in key company interactions
  • Cultivate new relationships with wholesale brokers
  • Train new staff as required

Benefits

  • Medical & Dental Plans
  • Life Insurance for eligible spouses & children
  • Health Care and Dependent Care Flexible Spending Accounts
  • 401k Savings Plan
  • Paid Time Off
Full Job Description
Overview

AmTrust E&S Insurance Services, a member of the AmTrust group of companies, is searching for an experienced and knowledgeable AVP, Underwriting to manage and lead a group of underwriters and assistants for our Specialty Casualty Unit.

 

This individual will oversee activities of our E&S Primary Casualty and Supported Excess Products within designated region.  Provides supervision for a group of underwriters who review, analyze, and price insurance coverage for commercial insureds. Analyze various rate plans utilizing claims history, risk characteristics and tailor coverage appropriately based on company guidelines.  Gather competitor information, develop, and maintain relationships with wholesale brokers, and develop tools to grow department and underwriting profitability.  May require a bachelor’s degree in area of specialty or requires equivalent work experience. Familiar with a variety of E&S concepts, practices, and procedures. Relies on experience and judgment to plan and accomplish goals.  Provide support and coaching to other underwriters and provide leadership for multiple products within the team.

Responsibilities
  • Managing E&S Primary Casualty and Supported Excess Products while producing and maintaining a book of business themselves
  • Develop workflows and maximize automation
  • Implement procedures to increase profitability
  • Audit underwriters to identify challenges, confusion in procedure or guidelines, and need for additional training
  • Assist Underwriters in solving more complex underwriting issues
  • Represent the Underwriting Department with key company contacts
  • Seek out and develop new relationships with wholesale brokers
  • Train new staff as needed
Qualifications
  • 7+ years of Commercial Underwriting background with emphasis on E&S Casualty
  • Strong analytical and problem-solving skills
  • Understanding of costs and expenses
  • Exceptional Customer Service skills (internal and external), strong written and verbal communication skills
  • Determine acceptability of risk in accordance with company guidelines and standards
  • Experience working with wholesale brokerage community
  • Team focused with ability to thrive in a fast-paced environment

The expected salary range for this role is $131,200-$220,000/year.

 

Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations.

 

 

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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.

 

About AmTrust Financial Services

AmTrust Financial Services, Inc. is a multinational property and casualty insurance company. The company provides coverage for small businesses, workers' compensation insurance, extended warranty coverage, specialty risk and extended warranty coverage, and other insurance products. AmTrust Financial Services, Inc. was founded in 1998 and is headquartered in New York City. The company is publicly traded on the NASDAQ stock exchange under the ticker symbol AFSI.
Learn more about AmTrust Financial Services
Size
8,000 employees
Industry
Founded
1998

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