Senior Underwriter

AmTrust Financial Services, Inc.•Scottsdale, AZ

About The Position

AmTrust E&S is looking for a Senior Underwriter for our Contract Binding division. Underwrites individual risk for acceptability, pricing, coverage, terms and conditions, by developing, analyzing and evaluating information and exposures on risks of an increasing complex technical nature with a high level of authority. Achieves production and loss ratio goals with assigned agents / brokers by reviewing and analyzing claims, loss history and taking appropriate action on accounts.

Requirements

Undergraduate studies degree preferred. Equivalent work experience will be considered in lieu of a degree.
A minimum of 5 years Commercial Lines underwriting experience handling complex accounts, excess & surplus lines experience required.

Nice To Haves

Completion of general insurance courses such as CPCU, CIC, AU, ARM, CPIW, CWIS, or ASLI is preferred.

Responsibilities

Researches and develops new classes of business as directed. Researches market trends and competition.
Assesses market viability, suggest form wording on endorsements and exclusions and supports rate changes based on global strategy.
Reviews individual risks with assigned brokers and either declines or accepts business based upon information necessary to make the decision.
Analyzes, with the highest level of technical expertise and accuracy, exposures to loss, develops an adequate premium charge for the exposure, determine endorsements and exclusions to address loss exposures for the insurance contract, including developing manuscript wording appropriate to the risk.
Achieves team/individual production and loss ratio goals with assigned agents / brokers through sound management and marketing.
Works with the most complex issues concerning coverage, terms and conditions, etc. The underwriter continually analyzes premium and loss results of assigned agents / brokers; by state, major classes of business, etc.
Oversees or handles policy maintenance items and other mid-term requests. As well as conducting midterm policy audits.
Reviews endorsement requests and authorizes necessary changes to the policy. Reviews Loss Control reports and recommendations; collaborates with the agent / broker to ensure loss control compliance
Travels to broker offices as required for training or marketing visits. Entertains clients visiting the Company as required. Assists with development of marketing ideas and strategies for Underwriting events and other marketing campaigns.