AmTrust Financial Services - Melville, NY
posted 5 months ago
The Executive Underwriter or Senior Underwriter at AmTrust Financial is tasked with achieving profitable underwriting results that align with the company's growth and profit objectives. This role involves appropriate risk selection, maintaining agency relations, managing a book of business, and contributing to the professional development of others within the organization. The Executive Underwriter will administer the underwriting and servicing of both new and renewal accounts for agents and producers assigned within their territory, ensuring compliance with the company's underwriting, authority, and pricing standards. A solid understanding of AmTrust's mission, vision, and values is essential, as is upholding the standards of the organization. In this position, the Executive Underwriter will write and retain a profitable book of business through thorough risk analysis, pricing, and servicing. They will maintain compliance with state filings and adhere to corporate underwriting and pricing guidelines. Operating within the written authority granted, the Executive Underwriter will make necessary referrals to Home Office Underwriting. Collaboration is key, as the Executive Underwriter will work closely with the territory team, keeping peers and management informed of all issues and activities. The role also involves developing and implementing the territory business plan in collaboration with the Manager, sharing accountability with the team in meeting territory goals. Training territory staff and clients on underwriting appetite and protocols is a critical responsibility, as is acting as the referral point for the territory underwriting staff within the Home Office authority grant. The Executive Underwriter will coach and collaborate with the team to develop, manage, and maintain relationships with outside clients, which may include traveling within the territory to meet with agents, producers, and nonprofit associations or organizations. Participation in industry events, such as agency or association conventions, is expected. The Executive Underwriter will provide professional, timely, and courteous communication and service to external clients and cross-departmental staff to resolve issues related to policyholders and territory producers. They will also assist in gathering and communicating competitive information and keep current with market trends and demands. Other functionally related duties may be assigned as needed.