Underwriter I

Overview

This underwriting position is designed for an individual with 2+ years of E&S (excess & surplus lines experience) writing small to medium hazard property & casualty package insurance. Knowledge of ISO coverage forms. Individual account underwriting is required for hazard analysis, rating, pricing, and form selection.

Responsibilities

• Review individual risks within established renewal processes to determine the appropriate actions with respect to pricing and coverage terms in conjunction with established company guidelines and philosophies. Monitors key performance metrics in order to achieve individual and unit goals.
• 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.
• Ensure brokers have a clear understanding of the Primary Casualty Unit objectives and coverage trends/issues with respect to the renewal portfolio, as well as support overall communication regarding Unit product offerings and risk appetite.
• Collaborate with the Primary Casualty Production staff to ensure a consistent producer experience is achieved across all transactions within the Primary Casualty Business Unit.
• Ensure premium audits are reviewed promptly to determine if any potential actions may be required based on the noted operations or exposures.
• Exhibits thorough working knowledge of sound underwriting principles, policies, procedures, and controls.
• Works collaboratively with other team members and mentor less experienced underwriters and support staff.
• Keeps current on issues affecting the general liability line of business as well as the competitors and the overall marketplace. Attends industry conferences and general marketing appointments as required.

Qualifications

• 3+ years commercial general liability insurance experience
• BA/BS degree, with demonstrated involvement in insurance industry education. ASLI or CPCU designations strongly preferred.
• Knowledge of commercial lines risk, classification, pricing and coverage options with adherence to applicable statutory compliance issues and corporate guidelines.
• Knowledge of basic commercial property and casualty coverage.
• Experience working in a paperless environment preferred
• Working knowledge of the wholesale agency distribution system preferred.

The expected salary range for this role is USD $53,300.00 - USD $80,000.00 Yr.


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 comensation 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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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.

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it 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. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.