AVP, Nonprofit Underwriting

AmTrust Financial Services, Inc.

2d•$131,000 - $200,000•Remote

About The Position

As the Assistant Vice President of the Nonprofit Division at AmTrust Insurance, you will play a pivotal role in building our second new business team, driving the overall success of the division by overseeing top and bottom-line results, leading product development initiatives, fostering strong agency relationships, and strategically managing profitable growth. This position requires a dynamic and results-oriented individual with a deep understanding of the insurance industry, particularly in the nonprofit sector.

Requirements

Proven track record of successfully managing top and bottom-lines results in a leadership capacity.
Extensive experience in the insurance industry, with a focus on nonprofit insurance.
Strong knowledge of product development, underwriting principles, and insurance market dynamics.
Exceptional interpersonal and communication skills, with the ability to build and maintain strong relationships internally and externally.
Strategic thinker with the ability to translate vision into actionable plans.

Responsibilities

Strategic Leadership:
Develop and implement a comprehensive strategic plan for the Nonprofit Division in alignment with the overall corporate objectives.
Provide insightful leadership to the division, guiding the team towards achieving financial targets and sustainable growth.
Financial Performance:
Take ownership of the division’s financial performance, with a focus on achieving and exceeding top and bottom-line results.
Develop and monitor key performance indicators (KPIs) to measure and improve financial outcomes.
Product Development:
Lead the development and enhancement of insurance products tailored for the nonprofit sector.
Stay abreast of industry trends, regulatory changes, and emerging risks to ensure the division’s product offerings remain competitive and relevant.
Agency Relationships:
Cultivate and maintain strong relationships with key agency partners to drive business development and retention efforts.
Collaborate with agencies to understand market needs and tailor solutions that meeting the unique requirements of nonprofit organizations.
Identify and pursue new business opportunities, partnerships, and distribution channels.
Team Leadership:
Build and lead a high-performing team, fostering a culture of collaboration, innovation, and accountability.
Provide mentorship, coaching, and professional development opportunities for team members.
Compliance and Regulatory Oversight:
Ensure that all divisional activities comply with relevant laws, regulations, and industry standards.
Collaborate with legal and compliance teams to address regulatory requirements and mitigate compliance risks.