Underwriter I - Environmental

AmTrust Financial Services•New York, NY

About The Position

The Environmental Underwriter administers the underwriting and servicing of renewal accounts for wholesale brokers assigned within the territory, following company underwriting, authority, and pricing standards. The role supports AmTrust’s organizational standards and may be based at any AmTrust location; candidates in New York, Chicago, Boston, Atlanta, or Dallas are preferred. The underwriter evaluates environmental casualty exposures, determines appropriate premiums and policy terms, and supports assigned agents and brokers in meeting production and loss-ratio goals. The role also includes policy servicing, marketing and broker relationships, market research, and renewal rate strategy. The ideal candidate can grow into a production underwriting role as experience is gained.

Requirements

Bachelor’s degree from an accredited college or university.
At least 3 years of commercial lines property and casualty experience at a carrier or brokerage.
Demonstrated experience and expert technical knowledge of Environmental Casualty coverage, risk selection, methods, and pricing.
Ability to interpret and analyze data and make informed, calculated risk decisions.
Ability to make sound contributions to tactical and strategic planning.
Ability to collaborate with individuals from varied backgrounds within the area of expertise.
Must be coachable.

Nice To Haves

Prior experience in the wholesale distribution channel.
CPCU, AIS, or CIC designation, or an equivalent combination of education and experience.

Responsibilities

Analyze exposures to loss, develop appropriate premium charges, determine endorsements and exclusions, and develop manuscript policy wording appropriate to the risk.
Achieve team and individual production and loss-ratio goals with assigned agents and brokers through sound account management and marketing.
Address complex coverage, terms, and conditions issues; analyze premium and loss results for assigned agents and brokers by state and major business class.
Oversee or handle policy maintenance and other mid-term requests.
Review endorsement requests and authorize necessary policy changes.
Travel to broker offices for marketing visits and to AmTrust offices for training and internal meetings as required; entertain visiting clients as required.
Assist with developing marketing ideas and strategies for underwriting events and other campaigns.
Research and develop new business classes as directed, and research market trends and competition.
Assess market viability, suggest endorsement and exclusion wording, and support rate changes aligned with global strategy.
Review renewal accounts and assess rate strategy on an individual basis.