Senior Underwriter

Senior Underwriter

Job Locations

US

Requisition ID

JR1005061

Category

Underwriting

Position Type

Regular Full-Time

Overview

Our Professional Liability underwriting department is seeking a Senior Underwriter to join our growing team. With this opportunity, you will underwrite and manage a portfolio of Professional Liability insurance 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 Professional 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 and renewal 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.
• P rovide responsive service to brokers by delivering timely and accurate quotes and endorsements.
• Assist in the development and implementation of underwriting strategy for Professional Liability lines.

Qualifications

The expected salary range for this role is $92K-$130K / year.

Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations.

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