AmTrust Financial Services

Manager, Underwriting

AmTrust Financial Services$90K — $120K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of underwriting experience with a multiline focus, including 5 years in a leadership role.
  • Exceptional leadership skills for guiding multifunctional teams toward success.
  • Thorough property/casualty underwriting knowledge with a proven ability to build a profitable portfolio.
  • Extensive understanding of NCCI, ISO, and state regulations in the insurance industry.
  • Strong organizational, analytical, and interpretive abilities for effective decision-making.

Responsibilities

  • Mentor and guide underwriting team to enhance their professional growth and success.
  • Achieve income and growth objectives while maintaining high-quality business standards.
  • Ensure adherence to company guidelines for risk acceptability within the underwriting team.
  • Lead efforts in managing selection and denial of business, including profitability targets.
  • Monitor underwriting decisions through audits and address issues with training when needed.
  • Build and maintain strong relationships with producers to support market visibility.
  • Oversee the entire underwriting process and effectively manage execution stages.

Benefits

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

The Manager, Underwriting role oversees the new and renewal underwriting portfolio of workers’ compensation and multi-line accounts and clients for the Western Region. The role provides leadership and management for staff of Underwriters and Underwriting Assistants who are responsible for underwriting, review, and placement of risks with AmTrust. The team is focused on WC business > $500 up to $500,000 or more in written premium. The team has accountability for small, middle and large WC accounts and Multi-Line BOP, and Package <$50,000. This individual is responsible for the profitable growth of the portfolio and maintains a solid understanding of AmTrust’s mission, vision, and values. Upholds the standards of the AmTrust organization.

 

This position is hybrid out of our Scottsdale, Arizona office. We operate on a schedule of 4 days on-site and 1 day remotely throughout the week.

Responsibilities

· Provides strong leadership by mentoring and guiding the team of underwriters and underwriting assistants to foster their professional development and drive success.

· Accountable for achieving operating income, real growth objectives and maintaining quality of business.

· Takes a leadership role in ensuring that the team adheres to company guidelines and standards regarding risk acceptability.

· Team Coaching and Leadership for Market Facing and Agency Management Activities.

· Demonstrates leadership in managing the selection and denial of new and renewal business, including management of pricing targets, renewal rate and retention targets, and profitability targets.

· Ensures that underwriting decisions are monitored through regular audits and address issues as appropriate individually or through group training.

· Working in tandem with sales leadership and management; builds, maintains, and improves producer relationships through responsive engagement, market visibility, and solutions-oriented underwriting.

· Manages and monitors all stages of underwriting execution.

· Creates and distributes management reports detailing various functions and status monthly.

· Travel as needed to perform agency visits or to attend company and industry meetings.

· Demonstrates leadership by staying current with market trends and demands.

· Performs other functionally related duties as assigned.

Qualifications

· 10+ years of underwriting experience with multiline focus, 5 of those being in a leadership role

· Demonstrated effective management and exceptional leadership skills in guiding teams to success

· Thorough knowledge of property/casualty underwriting and demonstrated history in building a profitable portfolio

· Demonstrated ability to lead, plan and work well with others

· Extensive knowledge of NCCI, ISO, and State regulations relating to insurance

· Strong understanding of underwriting best practices

· Excellent written, verbal, and interpersonal communication skills

· Strong organizational, analytical, and interpretive skills

· Ability to effectively multi-task and work in a fast-paced, collaborative environment

· Ability to collaborate, “think outside the box” and make sound decisions to resolve complex matters

· Ability to travel and work outside normal business hours

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

Similar Jobs

More Jobs at AmTrust Financial Services

More Finance & Insurance Jobs

Find similar Manager, Underwriting jobs: