What are the responsibilities and job description for the Executive Underwriter, Surety position at AmTrust Financial?
| Requisition ID | 2024-16275 | Category | Underwriting | Position Type | Regular Full-Time |
The Executive Underwriter or Senior Underwriter are responsible for achieving profitable underwriting results in support of growth and profit objectives by appropriate risk selection, agency relations, book management, self-development, and assistance in professional development of others. They administer the underwriting and servicing of new and renewal accounts for agents and producers assigned within the territory in compliance with company underwriting, authority, and pricing standards. Maintains a solid understanding of AmTrust's mission, vision, and values. Upholds the standards of the AmTrust organization.
- Collaborates closely with territory team. Keep peers and management informed of all issues and activity
- In collaboration with Manager, develop and implement the territory business plan and share accountability with team in meeting territory goals
- Train territory staff and clients on underwriting appetite and protocols in conjunction with corporate training guidelines
- Within Home Office authority grant, acts as the referral point for the territory underwriting staff
- Coach and collaborate with the team to develop, manage and maintain outside client relationships which will include traveling in the territory to meet with agents, producers and nonprofit associations or organizations.
- Actively plan and participate in industry events as required such as but not limited to agency or association conventions
- Provides professional, timely and courteous communication and service to external clients and cross departmental staff to successfully resolve issues pertaining to policyholders and territory producers
- Provides the pertinent information and guidance to support staff required to process coverage requests in accordance with service guidelines
- Collaborates with territory team on reports and update databases as required
- Assists in gathering and communicating competitive information
- Keeps current with market trends and demands.
- Performs other functionally related duties as assigned.
Required:
- 3 years of Underwriting experience in insurance products resulting in demonstrated technical knowledge of contract surety insurance coverage, risk selection, methods and pricing.
- Bachelor's degree or commensurate work experience.
- Demonstrated ability to interpret and analyze data and make an informed, calculated risk decision
- Ability to make sound contributions to tactical and strategic planning
- Ability to train, coach and mentor individuals of various backgrounds within area of expertise
- Respect for confidential information
- Excellent organizational and time management skills
- Ability to travel up to 25% of the time within the assigned territory and to the Home Office as required
Preferred:
- CPCU or CIC designation
- Continuing education
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.
