Senior Commercial Underwriter – Complex Risks & Growth

AmTrust Financial Services Inc.; Chicago (IL); Hybrid; USD 67,000 - 95,000; Full time

Benefits offered by this job

Medical & Dental Plans

Life Insurance

Health Care Flexible Spending

Dependent Care

401k Savings Plans

Paid Time Off

Job summary

AmTrust Financial Services Inc. is seeking an Underwriter to administer underwriting and servicing of renewal accounts for brokers and producers within the territory, in line with company standards and pricing.

The role emphasizes analyzing exposures to loss, developing premiums, endorsements, and exclusions, and supporting market strategies. A bachelor’s degree and 5+ years of commercial lines P&C experience are expected, with a hybrid work arrangement in Illinois.

Qualifications

• Minimum Bachelor’s degree required in a related field.
• 5+ years of commercial lines property and casualty experience.
• Strong analytical and decision-making skills.

Responsibilities

• Analyzes, with the highest level of technical expertise and accuracy, exposures to loss, develops an adequate premium charge for the exposure, determine endorsements and exclusions to address loss exposures for the insurance contract, including developing manuscript wording appropriate to the risk.
• Achieves team/individual production and loss ratio goals with assigned agents / brokers through sound management and marketing.
• Works with the most complex issues concerning coverage, terms and conditions, etc. The underwriter continually analyzes premium and loss results of assigned agents / brokers; by state, major classes of business, etc.
• Oversees or handles policy maintenance items and other mid-term requests.As well as conducting midterm policy audits.
• Reviews endorsement requests and authorizes necessary changes to the policy. Reviews Loss Control reports and recommendations; collaborates with the agent / broker to ensure loss control compliance
• Travels to broker offices as required for training or marketing visits. Entertains clients visiting the Company as required. Assists with development of marketing ideas and strategies for Underwriting events and other marketing campaigns.
• Researches and develops new classes of business as directed. Researches market trends and competition.
• Assesses market viability, suggest form wording on endorsements and exclusions and supports rate changes based on global strategy.
• Reviews individual risks with assigned brokers and either declines or accepts business based upon information necessary to make the decision.

Education

Bachelor’s degree from an accredited college or university.

Job description

AmTrust Financial Services Inc. is seeking an Underwriter to administer underwriting and servicing of renewal accounts for brokers and producers within the territory, in line with company standards and pricing.

The role emphasizes analyzing exposures to loss, developing premiums, endorsements, and exclusions, and supporting market strategies. A bachelor’s degree and 5+ years of commercial lines P&C experience are expected, with a hybrid work arrangement in Illinois.