Executive Underwriter - Primary Casualty

AmTrust Financial Services, Inc.•Scottsdale, AZ

2d•$114,700 - $170,000•Hybrid

About The Position

AmTrust Financial Services is seeking an Executive Underwriter to join its growing Specialty Casualty underwriting team. The team provides wholesale brokers with underwriting solutions for higher-hazard General Liability and Excess insurance needs that are best addressed on an individual-risk basis. The Executive Underwriter will underwrite and manage a portfolio of difficult-to-place liability risks with challenging or unique exposures, in accordance with AmTrust E&S guidelines, strategy, and profitability standards. The role covers new business development, risk analysis and assessment, coverage evaluation, pricing, and contract negotiation to maintain and develop a profitable portfolio of non-admitted primary and excess liability risks. The posting also references Professional Liability risks. The position requires advanced risk assessment skills and extensive industry experience, including specialized knowledge of higher-hazard and complex risks, particularly in construction, products liability, hospitality, and distressed premises. The Executive Underwriter will also coach and develop underwriters, lead coverage and exposure training, and collaborate across Underwriting, Legal, and Claims on product development and business objectives. Travel within the assigned territory may be required up to 25% of the time.

Requirements

At least 15 years of industry experience, including at least 10 years in Excess and Surplus lines.
Specialized coverage and product knowledge for higher-hazard, complex risks, with a focus on construction, products liability, hospitality, and distressed premises.
Knowledge of commercial Excess and Surplus lines risk, classification, pricing, and coverage options, including applicable statutory compliance and corporate guidelines.
Ability to execute strategic priorities involving pricing, agent strategy, rate strategy, underwriting appetite, limit management, and business mix.
Strong knowledge of the external E&S market and demonstrated marketing and business development experience in the wholesale distribution channel.
Advanced analytical skills to interpret information from multiple sources and make critical account decisions about risk quality.
Excellent written and oral communication skills and ability to interact effectively with all organizational levels.
Strong influencing and negotiation skills.
Strong computer skills, including Excel, Word, and SharePoint, with demonstrated accuracy.
Ability and willingness to travel up to 25% of the time within the assigned territory.

Nice To Haves

BA/BS degree strongly preferred, or equivalent experience.
CPCU or other related insurance designation preferred.

Responsibilities

Build and maintain a strong flow of new business opportunities, identifying growth opportunities among new and existing production sources.
Develop and manage broker relationships and broker development within a book of business.
Price risks by analyzing exposures and claims experience, using pricing tools and worksheets, comparing similar risks, and applying underwriting expertise within assigned portfolio and authority limits.
Achieve budgeted financial results for individual portfolios, including premium, loss ratio, retention, commissions, pricing, new business, premium collection, and expense management.
Support product-line profitability, growth, and operational efficiency by assessing competitor offerings and market appetite.
Stay current on legal and regulatory changes, claim development, and emerging exposures to inform 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 other sources.
Coach, lead, and develop underwriters and direct the development of coverage and related exposure training.