Executive Underwriter

Overview Our Specialty Casualty underwriting department is seeking an Executive Underwriter to join our growing team. The Specialty Casualty team delivers significant value to our wholesale brokers by providing them with an underwriting capability for higher hazard General Liability and Excess insurance needs that are best addressed on an individual risk basis. With this opportunity, you will underwrite and manage a portfolio of hard to place liability risks with tougher exposures considered unique or challenging in accordance with AmTrust E&S guidelines, strategy and profitability standards. The person in this position is responsible for new business development, risk analysis and assessment, coverage evaluation, pricing and contract negotiation in order to maintain and develop a profitable portfolio of non-admitted primary and excess liability risks. Responsibilities Build and maintain a solid flow of new business opportunities, identifying opportunities for growth within new and existing production sources. Develop risk pricing by analyzing exposures, claims experience, utilizing pricing tools and worksheets, and comparison to similar risks. Consistently achieve budgeted financial results (premium, loss ratio, retention, commissions, pricing, new business, premium collection, and expense management). Support the achievement of continued profitability, growth and/or operational efficiencies for a product line through assessment of competitor product offerings and market appetite. Remain current on legal and regulatory changes, claim development and emerging exposures/issues. Collaborate with Underwriting, Legal and Claims to drive product development strategies and initiatives. May take lead responsibility for position papers for emerging exposures/issues when assigned. Identify and take corrective action based on individual risk characteristics identified through broker reviews, large loss analysis, risk control, etc. Coach, lead and develop underwriters and direct the development of coverage and associated exposure training. Qualifications 15+ years industry experience, 10+ years in Excess and Surplus lines with specialized coverage and product knowledge for higher-hazard, complex risks. BA/BS degree strongly preferred, or equivalent in experience. CPCU or other related Insurance Designation(s) preferred. Knowledge of commercial Excess and Surplus lines risk, classification, pricing and coverage options. Able to understand and execute to strategic priorities including pricing strategy, agent strategy, rate strategy, and underwriting appetite. Strong knowledge of the E & S external market and demonstrated marketing and business development experience. Advanced analytical skills to interpret business information drawn from multiple sources. Excellent written and oral communication skills. Keen influencing and negotiation skills are essential. Strong computer skills (Excel, Word, SharePoint) with demonstrated high accuracy output. Ability and desire to travel up to 25% of the time within the assigned territory. What We Offer AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, and Paid Time Off. AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.

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