Underwriter I - Environmental

AmTrust Financial Services, Inc.•New York, NY

4d•$56,000 - $85,000

About The Position

The Environmental Underwriter administers the underwriting and servicing of renewal accounts for wholesale brokers assigned within the territory, in compliance with company underwriting, authority, and pricing standards. The role upholds the standards of the AmTrust organization and works on complex coverage, terms, and conditions. It may be based at any AmTrust location; candidates located in New York, Chicago, Boston, Atlanta, or Dallas are preferred.

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 and capable of growing into a production underwriting role as experience is gained.

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 adequate premium charges, determine endorsements and exclusions, and develop manuscript wording appropriate to the risk.
Achieve team and individual production and loss-ratio goals with assigned agents and brokers through sound management and marketing.
Handle complex issues concerning coverage, terms, and conditions, and analyze premium and loss results for assigned agents and brokers by state and major business class.
Oversee or handle policy maintenance items 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; and assist with marketing ideas and strategies for underwriting events and campaigns.
Research and develop new classes of business as directed, and research market trends and competition.
Assess market viability, suggest endorsement and exclusion wording, and support rate changes based on global strategy.
Review renewal accounts and assess rate strategy individually.