AVP, Program Underwriter

AmTrust Financial Services Inc.; United States; On-site; USD 137,000 - 200,000; Full time

Benefits offered by this job

Medical & Dental Plans

Life Insurance

401k Savings Plans

Paid Time Off

Job summary

AmTrust Financial Services Inc. is seeking an Assistant Vice President for Underwriting Specialty Programs in the United States. This role involves underwriting program business, managing relationships with Program Managers, and leading product development initiatives.

Candidates should possess at least 10 years of experience in underwriting or product development and a college degree. The position offers competitive compensation, including a salary range of $137K-$200K/year and additional benefits such as health insurance and 401k savings plans.

Qualifications

• Property/casualty insurance experience, preferably 10+ years in underwriting or product development.
• Ability to work independently and as part of a team.
• Strong PC skills for reporting and analysis.

Responsibilities

• Underwrite an assigned book of Program business.
• Coordinate internal resources to bind/manage programs.
• Monitor program performance monthly.

Skills

Strong interpersonal skills

Time management

Organizational skills

Excellent written communication

Self-motivated

Education

College degree

Tools

Microsoft Word

Microsoft Excel

Job description

Overview

AmTrust Specialty Programs, a division of AmTrust North America, is a market-leading insurance carrier with more than 20 years of experience developing and growing profitable delegated authority programs in partnership with select Managing General Agents. As a result of persistent, profitable growth within this division, AmTrust is looking to add an Assistant Vice President, Underwriting Specialty Programs to their team.

• Underwrite an assigned book of Program business across multiple insurance lines in accordance with corporate guidelines
• Assist in the production of new Program opportunities with a focus on business development.
• Demonstrate strong relationship management with Program Managers to ensure lasting, profitable books of business.
• Coordinate the product development for assigned programs
• Assist in the preparation of specific program filings, as needed.
• Provide coverage analysis of both competitor and AmTrust products, as needed.
• Perform audits to ensure compliance with underwriting guidelines

Responsibilities

• Day-to-day underwriting of program business, to include new program opportunities, existing and renewal programs, as assigned.
• Demonstrate leadership by coordinating internal disciplines/resources to bind and manage the program.
• Handling of special acceptances, referrals, communication between AmTrust and Program Managers
• Monthly monitoring of Program performance
• Travel, as necessary to perform due diligence, underwriting audits, or other such travel as is necessary to properly service the Programs assigned.
• Attend industry conferences, as assigned.

Qualifications

• A college degree required, in addition to property/casualty insurance experience, preferably 10+ years in an underwriting or product development role across various insurance lines at an insurance company.
• Ability to work independently and within a team. Self motivated with a high degree of initiative. Strong interpersonal skills, time management and organizational skills.
• Excellent written communication skills, including correct use of grammar, spelling and punctuation.
• The position requires strong PC skills, Microsoft Word and Microsoft Excel.

The expected salary range for this role is $137K-$200K/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.