Senior Underwriter, Primary Casualty Job at AmTrust Financial Services, Inc., Chicago, IL

djBCUVFTVEpUS2I1bWExdGxZK29CL3hyK2c9PQ==
  • AmTrust Financial Services, Inc.
  • Chicago, IL

Job Description

Overview: Senior Underwriter AmTrust E&S Insurance Services. This underwriting position is designed for an individual with a minimum of seven (7) years of E&S (excess & surplus lines experience) writing medium to high hazard general liability insurance. Knowledge of ISO coverage forms. Individual account underwriting is required for hazard analysis, rating, pricing, and form selection. In addition, knowledge of industry standard company forms is required to properly underwrite risk. 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. Position has direct responsibility for broker development and management within a book of business. Develop risk pricing by analyzing exposures, claims experience, utilizing pricing tools and worksheets, comparison to similar risks, as well as experience in underwriting exposures pertaining to individual risks, for new accounts within assigned portfolio and authority level. Consistently achieve budgeted financial results (premium, loss ratio, retention, commissions, pricing, new business, premium collection, and expense management) as established for individual portfolios. Identify and take corrective action and/or collaborate with the appropriate area within the organization based on individual risk characteristics identified through broker reviews, large loss analysis, risk control, etc. Insure compliance with underwriting strategies and regulatory requirements. Remain current on legal and regulatory changes and claim development in order to contribute to unit product development and portfolio decisions. Provide responsive service to brokers by delivering timely and accurate quotes and endorsement Qualifications: Minimum of 7 years of Liability underwriting experience preferred; high-hazard, complex risks, or E&S underwriting experience highly desired with a focus on construction, products liability, hospitality and distressed premises 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 with adherence to applicable statutory compliance issues and corporate guidelines. Able to understand and execute to strategic priorities including; pricing strategy, agent strategy, rate strategy, underwriting appetite, limit management and mix of business. Strong knowledge of the E & S external market and demonstrated marketing and business development experience within the wholesale distribution channel. What We Offer: AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off. AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities. AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. 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. AmTrust Financial Services, Inc.

Job Tags

Contract work, Flexible hours,

Similar Jobs

Winn-Dixie

Liquor Store Associate Job at Winn-Dixie

 ...Winn-DixieWinn-Dixie Retail Stores - 17641 GUNN HIGHWAY [Retail Sales / Team Member] As a Liquor Store Associate at Winn-Dixie, you'll: Provide continuous attention to customer needs; Greet, assist and thank customers in a prompt, courteous and friendly manner; Observe... 

AAA Security Guard Services, LLC

Security Guard Immediate Hire Job at AAA Security Guard Services, LLC

Job Description Job Description Benefits/Perks Career Advancement Opportunities Competitive Compensation Flexible Schedule Job Summary We are seeking a professional Security Guard to join our team. In this role, your primary responsibility will ...

Globe Life AO

Entry Level Sales Specialist Job at Globe Life AO

 ...individuals who are passionate about helping others and aspiring to reach top-level leadership positions. Why Join Us? # Work from Home: Enjoy the freedom and flexibility of working remotely, allowing you to create your ideal workspace and balance your professional... 

Live Nation Entertainment, Inc.

Production Runner Job at Live Nation Entertainment, Inc.

 ...are looking to hire runners for the 2025 season at our venues in the Greater Boston area. As a runner, you will assist in fulfilling the needs of the production department which most commonly includes running errands under the direction of the venue or tour production... 

X-treme Security Services

Security Guard (Bar / Restaurant) Job at X-treme Security Services

 ...Description Job Description We are seeking a Security Officer to become an integral part of our...  ...Valid California State BSIS issued Guard Card Clean criminal background...  ...commercial, industrial, various sports bar and night clubs state wide as well large concert and...