Director, Underwriting

AmTrust Financial Services, Inc.

4d

About The Position

AmTrustCyber has an exciting opportunity to join its high-performing and dynamic team in a rapidly evolving and cutting-edge industry segment. The opportunity will involve underwriting both new and renewal business across a wide range of industry sectors to further the ongoing growth and profitability of the portfolio. The candidate will also have the opportunity to train, to market the product, to develop client relationships, to innovate and to contribute to the general success and shared goals of the team. The position will provide a platform for growth and development with excellent opportunities for further career advancement.
We seek someone who is capable of strategic analysis, creative in problem solving, highly self-motivated, adaptable to a changing marketplace, intellectually curious, detail-oriented, organized, articulate and personable, a team player, an enthusiastic learner, a collaborative contributor, a results-oriented achiever. Maintains a solid understanding of AmTrust’s mission, vision, and values. Upholds the standards of the AmTrust organization.

Requirements

• 4-year degree BA/BS or equivalent education
• Approximately 15% travel is anticipated

Nice To Haves

• 5+ years of experience underwriting/brokering Cyber/Tech E&O, or alternatively technical or consulting-related cybersecurity work experience, preferred.

Responsibilities

• Manage and develop underwriters within the division, fostering a high-performance, accountable, and collaborative culture.
• Represents the division in both internal and external events and committees.
• Achieve individual and team premium and production goals balanced with maintaining target loss ratios.
• Demonstrate technical and strategic underwriting skills when assessing each submission for new and renewal cyber policies in all target business segments.
• Understand key underwriting considerations and distinguishing aspects of various types and sizes of risks ranging from small startups to large Fortune 500 companies.
• Manage new and renewal business processes including building submission pipelines, issuing quotes, binders and policies in a timely manner and maintaining frequent correspondence with brokers/agents.
• Proactively foster and develop positive relationships with key broker and agent partners and with internal stakeholders.
• Assist with administrative documentation of risks and ensure compliance with processes and procedures.
• Analyze technology trends and stay up to date with emerging risks to identify opportunities and exposures.
• Operate within the established underwriting authority and within the parameters of the underwriting guidelines.
• Collaborate with the team and other internal peers within other aligned business units to drive portfolio strategies.
• Enthusiastically participate in training initiatives and development opportunities to maintain and build product and industry expertise.
• Develop a deep understanding of our cyber products and underwriting processes and be able to identify and advocate for improvements
• Due to the nature of this role, travel, including overnight travel, is required.
• Keeps current with market trends and demands.
• Performs other functionally related duties as assigned.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 1,001-5,000 employees