AmTrust Financial Services

Executive Underwriter, Contract Surety

AmTrust Financial Services$120K — $200K *
US-AnywhereRemote in United States
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years in contract surety underwriting
  • Bachelor’s degree or equivalent experience
  • Strong data interpretation and risk analysis skills
  • Proven tactical and strategic planning ability
  • Experience in training and mentoring diverse teams
  • High respect for confidentiality
  • Excellent organizational and time management skills
  • Willingness to travel up to 25% within the region and to headquarters

Responsibilities

  • Analyze risks to drive profitability and ensure compliance
  • Collaborate with team, keeping management informed
  • Develop and implement territory business plans
  • Train staff and clients on underwriting guidelines
  • Act as a referral point for underwriting staff
  • Build client relationships through travel and meetings
  • Participate in industry events and conventions
  • Resolve client and interdepartmental issues promptly
  • Support staff in processing coverage requests according to guidelines
  • Collaborate on reports and update necessary databases
  • Stay informed on market trends and competitive information

Benefits

  • Opportunity to mentor junior staff
  • Involvement in strategic business planning
  • Participate in industry events and expand professional network
Full Job Description
Overview
We’re looking for an experienced Contract Surety Underwriter to help drive profitable growth in their region. In this role, you’ll underwrite new and renewal contract surety accounts, evaluate financial strength and project performance, and ensure sound risk selection and pricing. You’ll build and maintain strong agency relationships, provide exceptional service, and collaborate on strategic business plans. This position also offers opportunities to mentor others, represent the company at industry events, and contribute to the long-term success of our surety portfolio. Responsibilities
  • Drive profitability by analyzing risks, setting competitive pricing, and ensuring compliance with state regulations and corporate standards.
  • Foster strong collaboration within the territory team, keeping peers and management updated on all relevant issues and activities.
  • In collaboration with Manager, develop and implement the territory business plan and share accountability with team in meeting territory goals
  • Train territory staff and clients on underwriting appetite and protocols in conjunction with corporate training guidelines
  • Within Home Office authority grant, acts as the referral point for the territory underwriting staff
  • Develop and maintain client relationships through territorial travel and meetings with agents and producers.
  • Actively plan and participate in industry events as required such as but not limited to agency or association conventions
  • Provide timely communication and support to resolve client and interdepartmental issues.
  • Provides the pertinent information and guidance to support staff required to process coverage requests in accordance with service guidelines
  • Collaborates with territory team on reports and update databases as required
  • Assists in gathering and communicating competitive information
  • Keeps current with market trends and demands.
  • Performs other functionally related duties as assigned.
Qualifications

Required:

  • 3+ years of contract surety underwriting experience
  • Bachelor’s degree or equivalent work experience in the field
  • Demonstrated ability to interpret and analyze data and make an informed, calculated risk decision
  • Ability to make sound contributions to tactical and strategic planning
  • Ability to train, coach and mentor individuals of various backgrounds within area of expertise
  • Respect for confidential information
  • Excellent organizational and time management skills
  • Ability to travel up to 25% of the time within the assigned territory and to the Home Office as required

 

Preferred:

  • AFSB designation
  • Continuing education

The expected salary range for this role is $120K-$200K/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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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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