Senior Underwriter

AmTrust Financial Services Inc.; Concord (CA); On-site; USD 88,000 - 130,000; 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 Property and Casualty Underwriter to administer underwriting for BOP, package, commercial auto and umbrella accounts in line with guidelines, pricing standards and authority limits.

The role emphasizes risk analysis, timely processing of quotes and endorsements, and maintaining strong relationships with agents and policyholders. The position requires a Bachelor’s degree (CPCU/CIC preferred) and at least 5 years in commercial lines P&C,

Qualifications

• Bachelor’s degree or higher required.
• CPCU or CIC designation desired or equivalent experience.
• Minimum 5 years of commercial line P&C experience.
• Experience with BOP, Commercial Package, Commercial Auto and Umbrella insurance and pricing.

Responsibilities

• Underwrite and manage a profitable book of business within guidance and authority.
• Adhere to state filings and underwriting/pricing guidelines.
• Process notices, quotes, binds, endorsements and service requests timely.
• Operate within written authority and escalate to Management as needed.
• Obtain facultative reinsurance per guidelines.
• Review risk with agents to improve quality of risk and compliance.
• Maintain professional communication with policyholders and producers.
• Build and maintain outside client relationships; occasional travel or virtual meetings.
• Keep management informed of issues and competitive information.
• Participate in underwriting focus groups for product enhancements.

Skills

Risk analysis

Data interpretation

Relationship building

Analytical thinking

Education

Bachelor’s degree

CPCU or CIC designation

Tools

Reference Connect

ISO classifications

Job description

Overview

The Property and Casualty Underwriter administers the underwriting of BOP, package, commercial auto and umbrella accounts in compliance with company guidelines, individual line authority, and pricing standards. They maintain a solid understanding of AmTrust’s mission, vision, and values and uphold the standards of the AmTrust organization.

Responsibilities

• Write and retain a profitable book of business through solid risk analysis, pricing and servicing and share in accountability with team in meeting territory goals.
• Maintain compliance with state filings and adhere to corporate underwriting and pricing guidelines.
• Provide timely processing of notices, quotes, binds and endorsements and other service requests within company guidelines.
• Operate within written individual line of authority and make referrals to Management as required.
• Obtain facultative reinsurance placements as required per company guidelines.
• Review loss control and proactively work with agents to improve quality of risk by obtaining compliance.
• Provide professional, timely and courteous internal and external communication to successfully resolve issues pertaining to policyholders and territory producers.
• Participate in developing, managing and maintaining outside client relationships. Includes occasional travel or virtual meetings with agents to deepen business relationships.
• Keep peers and Territory Management informed of all issues and activity and communicate any competitive information.
• Participate in underwriting related focus groups for product enhancements as needed.

Qualifications

• Bachelor’s degree from an accredited college or university preferred.
• CPCU or CIC designation desired, or the equivalent combination of education and experience.
• Minimum 5 years of commercial line property and casualty experience.
• Technical and analytical experience with BOP, Commercial Package, Commercial Auto and Umbrella insurance coverage and risk selection and pricing.
• Experience with ISO based classifications and use of Reference Connect preferred.
• Ability to interpret and analyze data and make an informed, calculated risk decision.
• Ability to develop and maintain professional business relationships internally and externally.

The expected salary range for this role is $87,600-$130,000/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.

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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.