Executive Underwriter - Environmental

AmTrust Financial Services•New York, NY

3d•Hybrid

About The Position

AmTrust Financial Services is seeking an Executive Underwriter to join its Environmental underwriting department. The Environmental team supports wholesale brokers with underwriting for higher-hazard General Liability, Pollution, and Excess insurance needs that are best evaluated on an individual-risk basis. The Executive Underwriter will underwrite and manage a portfolio of GL/Pollution risks with unique or challenging exposures in accordance with AmTrust Environmental guidelines, strategy, and profitability standards. The role is responsible for new business development, risk analysis and assessment, coverage evaluation, pricing, and contract negotiation to maintain and develop a profitable Environmental Casualty portfolio. The position is open to all AmTrust locations, with candidates in New York, Chicago, Boston, Atlanta, or Dallas preferred. A hybrid work schedule is specified for preferred locations. The role may require travel up to 25% of the time within the assigned territory. The expected salary range is $114,000–$180,000 per year. AmTrust offers a competitive compensation package and career advancement opportunities, along with medical and dental plans, life insurance, flexible spending accounts, a 401(k) savings plan, and paid time off. The company describes its culture as diverse and inclusive, valuing employees’ backgrounds, skills, and perspectives.

Requirements

At least 15 years of industry experience, including 10 or more years in Excess and Surplus lines, with specialized coverage and product knowledge for higher-hazard, complex risks focused on manufacturing, products liability, distribution, and processing.
Prior experience in the wholesale distribution channel and demonstrated marketing and business development experience within that channel.
Established wholesale broker relationships within the assigned territory.
Knowledge of Environmental Casualty risks, classification, pricing, and coverage options, including applicable statutory compliance issues and corporate guidelines.
Ability to understand and execute strategic priorities, including pricing strategy, agent strategy, rate strategy, underwriting appetite, limit management, and business mix.
Advanced analytical skills to interpret business information from multiple sources and make critical account decisions about risk quality.
Excellent written and oral communication skills and ability to interact effectively across organizational levels.
Strong influencing and negotiation skills.
Strong computer skills, including Excel, Word, and SharePoint, with demonstrated high-accuracy output.
Ability and willingness to travel up to 25% of the time within the assigned territory.

Nice To Haves

BA/BS degree or equivalent experience; a BA/BS degree is strongly preferred.
CPCU or another related insurance designation is preferred.

Responsibilities

Build and maintain a flow of new business opportunities and identify growth opportunities within new and existing production sources.
Develop and manage broker relationships and take direct responsibility for broker development and management within a book of business.
Analyze exposures, claims experience, pricing tools and worksheets, comparable risks, and individual risk underwriting exposures to develop pricing for new accounts within the assigned portfolio and authority level.
Achieve budgeted portfolio financial results, including premium, loss ratio, retention, commissions, pricing, new business, premium collection, and expense management.
Support product-line profitability, growth, and operational efficiencies by assessing competitor offerings and market appetite.
Stay current on legal and regulatory changes, claim development, and emerging exposures or issues, and contribute to product development and portfolio decisions.
Collaborate with Underwriting, Legal, and Claims on product development strategies and initiatives that support business objectives and product competitiveness.
Lead position papers on emerging exposures or issues when assigned.
Identify and take corrective action, or collaborate with appropriate organizational areas, based on risk characteristics identified through broker reviews, large-loss analysis, risk control, and related sources.
Coach, lead, and develop underwriters, and direct the development of coverage and associated exposure training.