Underwriter I

AmTrust Financial Services Inc.; Boston (MA); Hybrid; USD 65,000 - 90,000; Full time

Benefits offered by this job

Medical & Dental Plans

Life Insurance

Flexible Spending Accounts

401k Savings Plans

Paid Time Off

Job summary

AmTrust Financial Services Inc. is seeking an Underwriter I to administer underwriting and servicing for new and renewal accounts within the Specialty Verticals.

The role requires risk analysis, pricing, and collaboration with the vertical team to meet business goals, with travel as needed and a hybrid work arrangement. The position emphasizes adherence to underwriting standards, state filings, and customer service to agents and producers.

Qualifications

• Bachelor’s degree from an accredited college or university.
• 1-3 years of workers compensation experience.
• CPCU or CIC designation preferred, or the equivalent combination of education and experience.

Responsibilities

• Write and retain a profitable book of business through solid risk analysis, pricing and servicing.
• Collaborates closely with vertical team and keeps peers informed.
• Develop and implement the vertical business plan and share accountability with team.
• Cultivate outside client relationships that may include travel within the territory.
• Provide professional, timely and courteous communication to clients and staff; resolve policyholder issues.
• Keep current with market trends and demands.
• Perform other functionally related duties as assigned.

Skills

Workers comp experience

CPCU/CIC designation preferred

Risk analysis & pricing

Travel up to 25%

Strong organizational skills

Education

Bachelor’s degree

Job description

Overview

The Underwriter I administers the underwriting and servicing of new and renewal accounts for agents and producers assigned within the Specialty Verticals in compliance with company underwriting, authority, and pricing standards. Maintains a solid understanding of AmTrust’s mission, vision, and values. Upholds the standards of the AmTrust organization

Responsibilities

Responsibilities:

1. Write and retain a profitable book of business through solid risk analysis, pricing and servicing. Maintains compliance with state filings and adheres to corporate underwriting and pricing guidelines. Operate within written authority grant and make referrals to Vertical Management as required.

2. Collaborates closely with vertical team. Keep peers and Vertical Management informed of all issues and activity.

3. In collaboration with Vertical Management, develop and implement the vertical business plan and share accountability with team in meeting vertical goals.

4. Collaborate with team to develop, manage and maintain outside client relationships that may include travel within the territory to meet with agents and producers.

5. Provides professional, timely and courteous communication and service to external clients and cross departmental staff to successfully resolve issues pertaining to policyholders and vertical producers.

6. Keeps current with market trends and demands.

7. Performs other functionally related duties as assigned.

Qualifications

Qualifications: Required:

• Bachelor’s degree from an accredited college or university
• 1-3 years of workers compensation experience
• CPCU or CIC designation preferred, or the equivalent combination of education and experience
• Ability to travel up to 25% of the time within the assigned territory and to the Home Office as required

Preferred:

• Demonstrated experience with commercial casualty, property, automobile and umbrella insurance coverage and risk selection, methods and pricing
• Demonstrated ability to interpret and analyze data and make an informed, calculated risk decision
• Respect for confidential information
• Excellent organizational and time management skills

This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position. AmTrust has the right to revise this job description at any time.

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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.