Underwriter, Premium Technical

AmTrust Financial Services, Inc.; United States; Hybrid; USD 59,000 - 68,000; Full time

Benefits offered by this job

Medical & Dental Plans

401k Savings Plans

Paid Time Off

Job summary

AmTrust Financial Services, Inc. is seeking a Premium Technical Underwriter to partner with E&S, Premium Audit and Billing teams to process and bill premium audits.

This hybrid role supports office-based work with one day WFH and requires collaboration across underwriting and billing to resolve issues and ensure processing standards. Ideal candidates have a Bachelor's degree (preferred) and 2+ years in P&C insurance rating, quoting or issuance, with strong Excel/Outlook/Word skills and excellent

Qualifications

• Bachelor's Degree preferred.
• Two or more years insurance experience related to rate, quote, and issuance of P&C Insurance preferred.
• Strong communication and interpersonal skills; excels with office software.

Responsibilities

• Partner with E&S division to establish end-to-end premium audits processes.
• Assist with rating questions on final audits and coordinate with departments to rate and issue audits.
• Help resolve uncooperative or unproductive audits with stakeholders.
• Negotiate final premium audits for processing and invoicing to agents or insured.
• Clarify rating questions to conclude premium audit endorsements.
• Support implementing negotiated payment terms on final audits.
• Follow up on outstanding audit premiums and aid collection efforts.
• Assist with mid-term policy cancellations when needed.
• Participate in regulatory and compliance projects and filings.

Skills

Interpersonal skills

Written and oral communication

Task management

Education

Bachelor's Degree preferred

Tools

Excel

Outlook

Word

Job description

Overview

The Premium Technical Underwriter will partner with AmTrust Excess & Surplus Lines Division (E&S) as well as AmTrust Premium Audit and Billing Departments and the E&S Agents to assist with the procurement, processing, issuance and ultimately the billing and collection of all AmTrust E&S premium audits. They will work in conjunction with the above functions to identify and resolve any issues occurring during the process and work to meet and maintain all applicable processing standards throughout the life cycle of the premium audit, policy endorsement and premium audit billing function.

Overview

The Premium Technical Underwriter will partner with AmTrust Excess & Surplus Lines Division (E&S) as well as AmTrust Premium Audit and Billing Departments and the E&S Agents to assist with the procurement, processing, issuance and ultimately the billing and collection of all AmTrust E&S premium audits. They will work in conjunction with the above functions to identify and resolve any issues occurring during the process and work to meet and maintain all applicable processing standards throughout the life cycle of the premium audit, policy endorsement and premium audit billing function.

This position is hybrid out of any AmTrust office. 4 days in the office, 1 day work from home.

Responsibilities

• Partner with AmTrust Excess & Surplus Lines (E&S) division to establish policies and procedures for end to end of processing of all E&S premium audits.
• Assist with any rating related questions on final audits and coordinate with Premium Audit, Operations and E&S underwriting in an effort to rate, process and issue the final E&S audits based on final audited exposures.
• Assist Premium Audit, Operations, E&S underwriting and its agents in resolving any uncooperative or unproductive audits.
• Where needed, assist with the negotiation of any final premium audits so that they can be processed and invoiced to the agent or insured.
• Work to clarify any rating questions or uncertainties to help bring to conclusion the final premium audit endorsements.
• Assist E&S Underwriting, its agents and AmTrust Billing with implementing any negotiated payment terms on final audits.
• When necessary, follow up with agents on any outstanding and overdue audit premiums, and assist in resolving any obstacles in the collection process.
• Assist with any with mid-term policy cancellations as necessary.
• Participate in projects/assignments as requested and provide other information as needed for regulatory and compliance related obligations or filings.

Qualifications

• Displays good interpersonal skills and the ability to interact well with both internal and external customers and clients.
• Possesses good written and oral communication skills, and the ability to decide when and which communication channel will be most effective in producing desired result.
• Proficient in Excel, Outlook, Word, and other Microsoft processing software tools.
• Ability and willingness to manage tasks both large and small, visible and not visible in order to get the work completed thoroughly and on-time.

Qualifications

• Bachelor's Degree preferred.
• Two or more years insurance experience related to rate, quote, and issuance of P&C Insurance is preferred.

The expected salary range for this role is $58,500-$68,000/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.

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.