Executive Underwriter, Contract Surety

AmTrust Financial Services, Inc.; United States; On-site; USD 120,000 - 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 experienced Contract Surety Underwriter to support profitable growth in the United States. In this role, you will underwrite new and renewal contract surety accounts, evaluate financial strength, and ensure effective risk selection. Responsibilities include analyzing risks, collaborating with teams, and fostering strong client relationships.

Salary is expected to range from $120K to $200K/year along with a competitive compensation package including benefits such as medical plans, life insurance, and a 401k savings plan.

Qualifications

• 3+ years of contract surety underwriting experience.
• Demonstrated ability to interpret and analyze data and make informed decisions.
• Excellent organizational and time management skills.

Responsibilities

• Analyze risks and set competitive pricing.
• Foster collaboration within the territory team.
• Develop and implement the territory business plan.

Skills

Contract surety underwriting experience

Data analysis

Organizational skills

Time management

Training and coaching

Education

Bachelor's degree or equivalent

Job description

Overview

We’re looking for an experienced Contract Surety Underwriter to help drive profitable growth in their region. In this role, you’ll underwrite new and renewal contract surety accounts, evaluate financial strength and project performance, and ensure sound risk selection and pricing. You’ll build and maintain strong agency relationships, provide exceptional service, and collaborate on strategic business plans. This position also offers opportunities to mentor others, represent the company at industry events, and contribute to the long-term success of our surety portfolio.

Responsibilities

• Drive profitability by analyzing risks, setting competitive pricing, and ensuring compliance with state regulations and corporate standards.
• Foster strong collaboration within the territory team, keeping peers and management updated on all relevant issues and activities.
• 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
• Develop and maintain client relationships through territorial travel and meetings with agents and producers.
• Actively plan and participate in industry events as required such as but not limited to agency or association conventions
• Provide timely communication and support to resolve client and interdepartmental issues.
• 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 contract surety underwriting experience
• Bachelor’s degree or equivalent work experience in the field
• 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

• AFSB designation
• Continuing education

The expected salary range for this role is $120K-$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.

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.