AmTrust Financial Services

Vice President, Underwriting, E&S

AmTrust Financial Services$150K — $300K *
US-AnywhereRemote in United States
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 15+ years of experience in commercial lines property and casualty, focusing on environmental casualty underwriting
  • Expertise in underwriting with advanced risk assessment skills in relevant business classes
  • Proficiency in managing strategic relationships with wholesale distribution partners
  • Exceptional communication and negotiation skills for effective engagement with stakeholders
  • Strong leadership skills and experience in developing high-performing teams
  • Bachelor's degree in business, finance or related field
  • Detail-oriented and thrives in a fast-paced environment

Responsibilities

  • Oversee the underwriting team to achieve financial goals including premium, loss ratio, and expense management
  • Monitor market conditions to inform strategic underwriting decisions
  • Develop and manage broker relationships through effective marketing strategies
  • Engage in product development and planning for the environmental casualty line
  • Evaluate market dynamics for competitive underwriting practices
  • Drive innovation in underwriting processes, systems, and technologies
  • Stay informed on insurance landscape changes to guide product and pricing strategies

Benefits

  • Competitive compensation package
  • Excellent career advancement opportunities
  • Medical and Dental Plans
  • Life Insurance for employees, spouses, and children
  • Health Care Flexible Spending Accounts
  • Dependent Care Flexible Spending Accounts
  • 401k Savings Plans
  • Paid Time Off
Full Job Description
Overview

The role consists of leading the underwriting team for Environmental Casualty insurance. The Vice President will report to the SVP & Head of Casualty Brokerage as well as work closely with departments like claims, risk management, finance, and actuarial to ensure that the underwriting practices align with the organization's strategic goals. This senior leadership role requires an experienced underwriting professional capable of making significant contributions to our growing business. This individual will maintain a solid understanding of AmTrust’s mission, vision, and values. Upholds the standards of the AmTrust organization.

Responsibilities

· Oversee the underwriting team within the environmental casualty and lead excess space to achieve financial goals, including premium, loss ratio, retention, commissions, pricing, new business, premium collection, and expense management.

· Monitor and analyze evolving market conditions to inform strategic underwriting decisions.

· Assume direct responsibility for broker development and management, including devising marketing plans and fostering profitable relationships.

· Participate in product development, planning processes & reinsurance placement for the product line.

· Continuously evaluate market dynamics to ensure competitive and responsive underwriting practices.

· Champion innovation and continuous improvement of underwriting processes, systems, and technologies.

· Stay abreast of changes in the insurance landscape to guide product and pricing strategies which match up with customer needs and marketplace expectations

· Performs other functionally related duties as assigned.

Qualifications

Required:

· 15+ years of commercial lines property and casualty experience, with a specialized focus on environmental casualty underwriting.

· Demonstrated expertise in underwriting within relevant classes of business, including advanced risk assessment skills with product specialization.

· Demonstrated proficiency in cultivating and managing strategic relationships with wholesale distribution partners, contributing to sustained growth and market penetration within the Excess & Surplus insurance sector.

· Exceptional communication and negotiation skills, with the ability to engage effectively with internal and external stakeholders.

· Ability to independently prioritize tasks and meet strict deadlines.

· Proven leadership abilities, with experience in developing and leading high-performing teams.

· Bachelor's degree or higher in business, finance, or a related field.

· Detail-oriented and capable of working in a fast-paced environment.

 

Preferred:

· CPCU or other industry certification.

· Master's degree in business, finance, or a related field.

 

The expected salary range for this role is $150,200-$300,000/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.

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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