Senior E&S Underwriter – High-Hazard Liabilities

AmTrust Financial Services, Inc.; Scottsdale (AZ); On-site; USD 115,000 - 170,000; Full time

Benefits offered by this job

Medical & Dental Plans

401k Savings Plans

Job summary

AmTrust Financial Services, Inc. in Scottsdale is seeking an Executive Underwriter to manage a portfolio of hard-to-place liability risks under E&S guidelines, focusing on higher-hazard General Liability and Excess coverages for non-admitted primary and excess risks.

The role emphasizes new business development, risk assessment, pricing and contract negotiation, and requires 15+ years in the industry with 10+ years in E&S, plus travel up to 25% of the time.

Qualifications

• 15+ years industry experience, 10+ years in Excess and Surplus lines with specialized coverage and product knowledge for higher-hazard, complex risks, with a focus on construction, products liability, hospitality and distressed premises risks.
• BA/BS degree strongly preferred, or equivalent in experience
• CPCU or other related Insurance Designation(s) preferred
• Knowledge of commercial Excess and Surplus lines risk, classification, pricing and coverage options with adherence to applicable statutory compliance issues and corporate guidelines.
• Able to understand and execute to strategic priorities including; pricing strategy, agent strategy, rate strategy, underwriting appetite, limit management and mix of business.
• Strong knowledge of the E & S external market and demonstrated marketing and business development experience within the wholesale distribution channel.
• Advanced analytical skills to interpret business information drawn from multiple sources to take critical account decisions regarding quality of risk.
• Excellent written and oral communication skills and ability to interact effectively with all levels in the organization
• Keen influencing and negotiation skills are essential
• Strong computer skills (Excel|Word|SharePoint) with demonstrated high accuracy output.
• Ability and desire to travel up to 25% of the time within the assigned territory

Responsibilities

• Build and maintain a solid flow of new business opportunities, identifying opportunities for growth within new and existing production sources. Position has direct responsibility for broker development and management within a book of business.
• Develop risk pricing by analyzing exposures, claims experience, utilizing pricing tools and worksheets, comparison to similar risks, as well as experience in underwriting exposures pertaining to individual risks, for new accounts within assigned portfolio and authority level.
• Consistently achieve budgeted financial results (premium, loss ratio, retention, commissions, pricing, new business, premium collection, and expense management) as established for individual portfolios.
• Supports the achievement of continued profitability, growth and/or operational efficiencies for a product line through assessment of competitor product offerings and market appetite
• Remain current on legal and regulatory changes, claim development and emerging exposures/issues to contribute to unit product development and portfolio decisions.
• Collaborates with Underwriting, Legal and Claims to drive product development strategies and initiatives supporting business objectives and ensuring product modernity/competitiveness
• May take lead responsibility for position papers for emerging exposures/ issues when assigned.
• 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.
• Coaches, leads and develops underwriters and directs the development of coverage and associated exposure training.

Skills

Analytical skills

Communication skills

Negotiation

Travel readiness

Education

BA/BS degree

CPCU designation

Tools

Excel

Word

SharePoint

Job description

AmTrust Financial Services, Inc. in Scottsdale is seeking an Executive Underwriter to manage a portfolio of hard-to-place liability risks under E&S guidelines, focusing on higher-hazard General Liability and Excess coverages for non-admitted primary and excess risks.

The role emphasizes new business development, risk assessment, pricing and contract negotiation, and requires 15+ years in the industry with 10+ years in E&S, plus travel up to 25% of the time.