Senior Underwriter, Management Liability - Private and Non-Profit

Ascot Group; New York (NY); On-site; USD 90,000 - 100,000; Full time

Benefits offered by this job

Health & Welfare Benefits

Paid holidays & PTO

401k plan

Job summary

Ascot Group in New York seeks an experienced Underwriter to join our Private and Non-Profit team, focusing on profitably growing Management Liability for private companies and nonprofits. The role emphasizes collaboration with the claims, actuarial, legal, and product development teams to deliver client-centric solutions.

You will analyze financials, negotiate terms, and manage broker relationships while maintaining high standards of underwriting discipline and profitability.

Qualifications

• Bachelor’s degree required.
• Minimum 2 years of Management Liability underwriting or broker experience.
• Demonstrated success in developing and maintaining relationships with internal and external partners.
• Excellent communication, interpersonal and presentation skills.
• Ability to analyze financial statements and make recommendations.
• High energy self-starter with entrepreneurial spirit.
• Detail oriented with strong time/desk management skills.
• Wholesale broker experience preferred but not required.
• Ability to work independently and in a team.
• Willingness to travel up to 20%.

Responsibilities

• Underwrite new and renewal Management Liability for private companies and non-profit organizations.
• Analyze financial statements, operations, governance structures, and loss experience.
• Evaluate D&O, EPL, Fiduciary, Crime, and related exposures.
• Develop and maintain wholesale broker and client relationships; manage distribution.
• Negotiate pricing, terms, conditions, retentions, and coverage enhancements.
• Monitor portfolio profitability and underwriting performance.
• Collaborate with claims, actuarial, legal, and product development teams to ensure product effectiveness.
• Maintain underwriting documentation and comply with authority guidelines.
• Manage underwriting production with a focus on profitability across M-L insurance products.
• Use data to improve productivity and client service.
• Conduct marketplace research to develop underwriting tools.
• Commit to The Ascot Way: collaboration, inclusivity, accountability.

Skills

Communication skills

Analytical thinking

Entrepreneurial spirit

Time management

Team collaboration

Presentation skills

Attention to detail

Self-starter

Travel flexibility

Education

Bachelor’s Degree

Job description

Job Description

This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.

Job Description

This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.

Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.

The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.

Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world-class service — both pre- and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.

Ascot is embedding artificial intelligence (AI) and automation across the organization to enhance decision making, efficiency, and quality of outcomes. In this role, you will be expected to work confidently alongside AI-enabled tools, apply sound judgment when interpreting insights, and adapt as technology continues to evolve. We value curiosity, critical thinking, and a willingness to embrace change as part of how we work.

Position Overview

Ascot U.S. is looking for an Underwriter to join our Private and Non-Profit team based in our New York office. The Underwriter is responsible for profitably growing our private company and nonprofit management liability book.

Responsibilities

• Underwrite new and renewal Management Liability business for private companies and non-profit organizations.
• Analyze financial statements, operations, governance structures, and loss experience.
• Evaluate D&O, EPL, Fiduciary, Crime, and related management liability exposures.
• Develop and maintain wholesale broker and client relationships and manage distribution within assigned territories.
• Negotiate pricing, terms, conditions, retentions, and coverage enhancements.
• Monitor portfolio profitability and underwriting performance.
• Collaborate with claims, actuarial, legal, and product development teams to ensure that the products are performing as designed, that we have a ground-up view of the loss scenarios, and take appropriate remediation action as needed
• Maintain underwriting documentation and comply with underwriting authority guidelines.
• Manage underwriting production with integrity, focusing on profitability and across a range of management liability insurance products
• Use internally generated, and third-party data to improve the productivity of the group and our customer service
• Conduct marketplace research to develop underwriting tools that will assist in improving the portfolio
• Commit to The Ascot Way: Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability

Requirements

• Bachelor’s Degree
• A minimum of 2 years of Management Liability or Financial Lines underwriting or broker experience
• Demonstrated success in developing and maintaining solid relationships with all internal and external business partners
• Excellent communication, interpersonal and presentation skills
• An ability to think analytically about business problems, make recommendations and propose solutions.
• High energy self-starter, who is resilient and has an entrepreneurial spirit
• Demonstration of solid time, organizational, and desk management skills
• Wholesale broker experience preferred but not required
• Ability to work independently as well as in a team environment
• Detail oriented with excellent communication skills, both written and verbal
• Possess an entrepreneurial spirit and a can-do attitude
• Contribute to a positive and collaborative team environment
• Comfortable working in a fast-paced, buildout environment
• Commitment to underwrite profitably and providing stellar customer service
• General understanding of, and ability to analyze internal and audited Financial Statements
• Willingness to travel (up to 20%)

***This position may be filled at a different level, depending on experience***

Compensation

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include an annual cash bonus, and other forms of discretionary compensation awarded by the Company.

The annualized base pay range for this role is: $90,000 - $100,000

Company Benefits

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more
• Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
• Retirement Benefits: Contributory Savings Plan (401k)