Senior Underwriter - Builders Risk

Overview AmTrust E&S Insurance Services is seeking a Senior Underwriter for our Builders Risk division. This underwriting position is designed for an individual with a minimum of 5 years of underwriting experience in Builders Risk. With this opportunity, you will underwrite and manage a portfolio of hard-to-place risks with tougher exposures considered unique or challenging in accordance with AmTrust E&S guidelines, strategy, and profitability standards. You will be responsible for new business development, risk analysis and assessment, coverage evaluation, endorsement wording development, pricing, and contract negotiation to maintain and develop a profitable portfolio of non-admitted risks. This role follows a hybrid work model, requiring 4 days per week on-site and 1 day remote. Preference will be given to candidates who can work in a hybrid capacity from one of our approved office locations listed below. Eligible Office Locations Texas: Dallas Georgia: Alpharetta Illinois: Chicago Arizona: Scottsdale Massachusetts: Boston New York: New York City, Melville, Latham Responsibilities Build and maintain a solid flow of new business opportunities, identifying opportunities for growth within new and existing production sources. Position has direct responsibility for broker development and management within a book of business. Develop risk pricing by analyzing exposures, claims experience, utilizing pricing tools and worksheets, and comparing to similar risks, as well as experience in underwriting exposures pertaining to individual risks, for new accounts within assigned portfolio and authority level. Consistently achieve budgeted financial results (premium, loss ratio, retention, commissions, pricing, new business, premium collection, and expense management) as established for individual portfolios. Identify and take corrective action and/or collaborate with the appropriate area within the organization based on individual risk characteristics identified through broker reviews, large loss analysis, risk control, etc. Develop and maintain library of Builders Risk forms, endorsements, and manuscript wordings. Oversee or handle policy maintenance items, extensions, and other mid-term requests. Ensure compliance with underwriting strategies and regulatory requirements. Remain current on legal and regulatory changes and claim development to contribute to unit product development and portfolio decisions. Provide responsive service to brokers by delivering timely and accurate quotes and endorsements. Travel to broker offices as required for training or marketing visits. Qualifications Minimum of 5 years of Builders Risk underwriting experience. BA/BS degree strongly preferred, or equivalent in experience. CPCU or other related Insurance Designation(s) preferred. Prior experience leveraging online underwriting and broker portals to support digital distribution strategies while building and maintaining strong, relationship-based partnerships with brokers at a regional and/or national level. Strong understanding of construction methodologies, project timelines, delay in completion exposures and Natural Catastrophe risks. Highly experienced and skilled in Builders Risk policy wording development and review. Knowledge of commercial Excess and Surplus lines risk, classification, pricing, and coverage options with adherence to applicable statutory compliance issues and corporate guidelines. Able to understand and execute strategic priorities including pricing strategy, agent strategy, rate strategy, underwriting appetite, limit management, and mix of business. Strong knowledge of the E&S external market and demonstrated marketing and business development experience within the wholesale distribution channel. The expected salary range for this role is $96,400-$140,000/year. 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 Medical & Dental Plans Life Insurance, including eligible spouses & children Health Care Flexible Spending Dependent Care 401(k) Savings Plans Paid Time Off AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. We recognize that by embracing the diverse backgrounds, skills, and perspectives of our workforce, we will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain, and develop the best talent available. #J-18808-Ljbffr AmTrust Financial Services, Inc.