Amynta Group

Senior Production Underwriter

Amynta Group$80K — $110K *
US-AnywhereRemote in Overland Park, KS
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree or 2+ years of commercial underwriting experience.
  • Proven sales results and client service experience.
  • Deep understanding of underwriting philosophies and processes.
  • Significant experience in insurance, ideally in underwriting, broking, or sales roles.
  • Exceptional analytical skills and attention to detail.
  • Strong relationship management and customer service skills.
  • Ability to create and execute tactical underwriting plans.

Responsibilities

  • Own and manage the profitability of assigned underwriting accounts.
  • Balance risk selection and distribution to drive growth.
  • Engage with agents and brokers to generate new business submissions.
  • Develop and maintain business development plans with key stakeholders.
  • Educate brokers about products to stimulate demand and highlight competitive edges.
  • Monitor portfolio performance metrics and ensure corrective measures are taken if necessary.
  • Facilitate relationships with brokers through regular communication and meetings.

Benefits

  • 18 days of paid time off per year.
  • 11 paid holidays.
  • Comprehensive health, dental, and vision insurance plan.
  • Short-term and long-term disability insurance options.
  • Basic term life and accidental death insurance included.
  • 401(k) plan with employer match available.
  • Optional Voluntary Life Insurance coverage.
Full Job Description
POSITION SUMMARY

The Senior Production Underwriter is responsible for underwriting and marketing accounts throughout approved states/territories. The Production Underwriter is a key part of the production underwriting capabilities of Amynta Dealer Solutions. The Production underwriter will own the results of their book of business and will engage in activities tied to risk selection and to customer service.

ESSENTIAL JOB DUTIES AND RESPONSIBILITIES
  • Production underwriter owns the results of their book of business and will be compensated on annual and long term profitability.
  • A production underwriter maintains balance between distribution and risk selection to drive profitable growth.
  • A production underwriter understands how their book fits in to the broader portfolio strategy.
  • A production underwriter has agent/broker relationships.
  • Engage in activities to generate submissions
  • Maintain and lead the relationship with their assigned agents.
  • Engage in activities to close accounts


Relationship Management
  • Work with key internal stakeholders to develop and maintain product-specific business development plans identifying, segmenting, detailing and evaluating potential broker and agent prospects, and executing such plan to ensure that Amynta generates targeted levels of growth and 'hit' ratios in this market.
  • Lead in the education of the broker market on the products in a way that creates a need to buy, highlights our competitive differentiation, illustrate the need for service led products to grow the brand and facilitate the placement of new business with Beazley with a particular focus on new relationships.
  • Raise the profile of Amynta Dealer Solutions within the broker community increasing the strength of relationships within the broker market to achieve a highly productive level of consistent, strong producer relationships over time.
  • Track metrics around broker engagements maintaining actions and follow ups from visits and share client and broker feedback on product with key stakeholders in a structured manner.
  • Ensure we remain front of mind of brokers by planning and engaging in regular virtual/face-to-face meetings while acting as a contact point for broker queries and product education engaging in appropriate communication via social media.


Underwriting
  • Develop and underwrite a profitable portfolio in support of business plans.
  • Structure tailor-made solutions by considering the team underwriting parameters and underwriting exposures leveraging underwriting knowledge and experience to win new business and retain existing.
  • Monitor premiums, costs and claims ratios per contract and take corrective measures if necessary to ensure long term profitability at account level.
  • Evaluate appropriate risk premium by considering the risk costs, reinsurance cessions, capital exposure as well as the underwriting and general administration costs to ensure profitability.
  • Comply with underwriting control standards for business written through delegated authority.


ADDITIONAL RESPONSIBILITIES
  • Engage with all levels of leadership to solve problems
  • Assist in development of internal and external materials
  • Support business unit leadership with presentations and special projects as Centers of Expertise or as assigned.


BASIC AND PREFERRED QUALIFICATIONS (EDUCATION AND EXPERIENCE)
  • Production Underwriter: Bachelor's Degree or 2+ years of commercial underwriting experience or equivalent work experience.
  • Proven sales results and client service experience
  • Knowledge of underwriting philosophy, processes, and practice
  • Extensive experience in the insurance industry ideally within an underwriting, broking, relationship management or sales role
  • Strong analytical skills and critical thinking skills with great attention to details
  • Individually accountable
  • Effective relationship management skills with customer focused approach
  • Ability to develop tactical underwriting plan and execute on its implementation
  • Active listening and emotional intelligence
  • Ability to work independently for significant periods of time
  • Strong business development and communication skills
  • Proficient with MS Office including Excel skills
  • Able to communicate effectively with others, both verbally and in writing
  • Ability to manage time, meet deadlines, and prioritize to meet sales target
  • Property & Casualty Agent's license in residing state, or willingness to obtain
  • CPCU, AU-M, CIC designations a plus
  • Willingness & ability to travel for agency visits, industry functions, training and seminars.
  • Continuing education to maintain necessary credentials
  • Problem solving focused, self-motivated, flexible and enthusiastic


BENEFITS

In addition to our base compensation package, we also offer:
  • 18 days of paid time off per year
  • 11 paid holidays
  • Health, dental and vision insurance plan,
  • Short-term disability insurance
  • Long-term disability insurance
  • Basic term life and accidental death and dismemberment insurance
  • A 401(k) plan which includes an employer match
  • Voluntary Life Insurance is also available


About Amynta Group

Amynta Group is a leading insurance services provider, offering property and casualty insurance solutions to businesses and individuals. The company operates through three segments: Specialty Equipment Insurance, Warranty and Protection Services, and Managing General Agency. The Specialty Equipment Insurance segment provides insurance coverage for equipment and commercial vehicles, while the Warranty and Protection Services segment offers extended warranty and protection services for consumer products. The Managing General Agency segment provides underwriting and claims management services for insurance companies. Amynta Group has operations in North America, Europe, and Australia, and serves customers in a variety of industries, including construction, transportation, and retail.
Learn more about Amynta Group
Size
2,000 employees
Industry
Founded
2018
Revenue
$1 billion

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