Executive Underwriter - Primary Casualty

AmTrust Financial Services•Scottsdale, AZ

7h•Hybrid

About The Position

AmTrust Financial Services is seeking an Executive Underwriter to join its Specialty Casualty underwriting department. The team provides wholesale brokers with underwriting capabilities for higher-hazard General Liability and Excess insurance needs assessed on an individual-risk basis. The Executive Underwriter will underwrite and manage a portfolio of challenging, hard-to-place liability risks in accordance with AmTrust E&S 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 portfolio of non-admitted primary and excess liability risks. The position calls for advanced risk assessment skills and specialized product knowledge, particularly for complex and higher-hazard construction, products liability, hospitality, and distressed premises risks. It also includes broker development and management, portfolio performance oversight, collaboration on product development, and coaching and developing underwriters. 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 issues and corporate guidelines.
Ability to execute strategic priorities, including pricing and agent strategies, rate strategy, underwriting appetite, limit management, and mix of business.
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 business information from multiple sources and make critical account-quality decisions.
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, and demonstrated accuracy in work 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 other related insurance designation(s).

Responsibilities

Build and maintain a strong flow of new business opportunities and identify growth opportunities within new and existing production sources.
Develop and manage broker relationships within the assigned book of business.
Analyze exposures, claims experience, pricing tools and worksheets, comparable risks, and individual-risk underwriting factors to develop risk 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 efficiency by assessing competitor offerings and market appetite.
Stay current on legal and regulatory changes, claim development, and emerging exposures or issues 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 teams, 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.