AmTrust Financial Services, Inc.-posted 6 days ago
Full-time • Mid Level
Remote
1,001-5,000 employees

AmTrust Warranty & Specialty Risk is a recognized leader in specialty insurance solutions, committed to delivering innovative, customized products that address the unique needs of our clients. We focus on niche markets, combining deep risk management expertise with exceptional customer service to create value-driven partnerships. Job Summary We are seeking a strategic and results-oriented Assistant Vice President of Underwriting to lead our Warranty Lines underwriting team. This role is pivotal in driving profitable growth, shaping underwriting strategies, and fostering a culture of excellence across the organization. This senior leadership role is responsible for ensuring underwriting excellence, managing risk selection, and fostering strong Agent and Third-Party Administrator (TPA) relationships. The AVP will collaborate with actuarial, claims, sales, compliance, legal and reinsurance teams to deliver profitable and competitive warranty solutions while maintaining the highest standards of technical expertise and market responsiveness.

  • Develop and execute the underwriting strategy for Warranty Lines products in alignment with company goals for profitability, growth, and market leadership.
  • Lead, mentor, and manage a team of underwriters, fostering a culture of excellence, collaboration, and continuous improvement.
  • Oversee the underwriting process for complex and high-value risks, ensuring sound risk assessment and pricing decisions.
  • Monitor portfolio performance, identify trends, and implement corrective actions to maintain profitability and mitigate loss exposure.
  • Partner with actuarial teams to analyze loss ratios, pricing models, and emerging risks unique to Warranty Lines markets.
  • Build and maintain strong relationships with brokers, MGAs, TPAs, reinsurers, and key clients to enhance market presence and secure profitable business opportunities.
  • Represent the company in industry events, conferences, and negotiations to position AmTrust as a leader in Warranty Lines insurance.
  • Stay informed of market trends, competitor offerings, and regulatory changes impacting Warranty Lines products.
  • Ensure all underwriting activities comply with company policies, state/federal regulations, and industry best practices.
  • Work closely with claims and legal teams to address complex claims and underwriting disputes effectively.
  • Bachelor’s degree in Business, Actuarial, Mathematics, Finance, Insurance, Risk Management, or a related field; advanced degree or professional designations (e.g., CPCU, ARM) preferred.
  • Minimum of 7 years of underwriting experience, with at least 2 years in a leadership role focused on Warranty Lines Insurance.
  • Proven expertise in one or more Warranty Lines areas, such as Automotive F&I, Consumer Goods (mobile phones, electronics, appliances) or Home Warranty.
  • Strong analytical skills with the ability to assess complex risks and make data-driven decisions.
  • Exceptional leadership and team management experience, with a track record of building high-performing teams.
  • Excellent communication and negotiation skills, with the ability to influence stakeholders at all levels.
  • Proficiency in data analytics tools, and industry-standard software.
  • Deep understanding of insurance market dynamics, reinsurance structures, and regulatory requirements.
  • Medical & Dental Plans
  • Life Insurance, including eligible spouses & children
  • Health Care Flexible Spending
  • Dependent Care
  • 401k Savings Plans
  • Paid Time Off
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service