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Senior Underwriter

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1 Vacancy
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Job Location drjobs

Chicago, IL - USA

Monthly Salary drjobs

$ 100 - 120

Vacancy

1 Vacancy

Job Description

Overview

Senior Underwriter AmTrust E&S Insurance Services. This underwriting position is designed for an individual with a minimum of seven 7 years of E&S (excess & surplus lines experience) writing medium to high hazard general liability insurance. Knowledge of ISO coverage forms. Individual account underwriting is required for hazard analysis rating pricing and form selection. In addition knowledge of industry standard company forms is required to properly underwrite risk.

With this opportunity you will underwrite and manage a portfolio of hard to place liability risks with tougher exposures considered unique or challenging in accordance with AmTrust E&S guidelines strategy and profitability standards. The person in this position is responsible for new business development risk analysis and assessment coverage evaluation pricing and contract negotiation in order to maintain and develop a profitable portfolio of nonadmitted primary and excess liability risks.

The salary range for this role is $100120K this range is only applicable for jobs to be performed in Illinois. Base pay offered may vary depending on but not limited to education experience skills geographic location travel requirements sales or revenuebased metrics. This range may be modified in the future.

Responsibilities

  • Quickly and effectively make underwriting decisions based on review and analysis of renewal policy. Make sure policy characteristics are based on company pricing and underwriting guidelines. Collaborate closely with other team members sales and management as needed to assess risks and retain business.
  • Develop and maintain strong agency relationships and work closely with Underwriters Sales and Management to implement agency plans and share accountability in meeting territory goals.
  • Provide support and coaching to the underwriting team and provide leadership on multiple products available to the team in order to quickly and effectively make risk decisions.
  • Occasionally participate in industry events and travel to meet with agencies to support relationships as needed.
  • Maintain strong product line and industry expertise and stay abreast of changes in markets.
  • Other tasks responsibilities and projects as needed.
  • Keeps current with market trends and demands.
  • Performs other functionally related duties as assigned.

Qualifications

  • Minimum of 7 years of Liability underwriting experience preferred; highhazard complex risks or E&S underwriting experience highly desired 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.

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.

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.


Required Experience:

Senior IC

Employment Type

Full-Time

Company Industry

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