Senior Underwriter, Cyber & Tech

Senior Underwriter, Cyber & Tech page is loaded## Senior Underwriter, Cyber & Techlocations : Chicagotime type : Full timeposted on : Posted 7 Days Agojob requisition id : 2509-0620We’re thrilled that you are interested in joining us here at the Amynta Group!Responsible for producing, underwriting and retaining profitable Cyber business for the company, - Sr Underwriter (Sr UW) -Underwriting primary task is to underwrite, maintain and grow the Ambridge Cyber portfolio in accordance with the business plan, strategy, authority levels and regulatory environment. SR UW-Underwriting reports directly to the Senior Vice President (SVP) as a key stakeholder in the underwriting performance for a select portion of the team’s Cyber business. SR UW-Underwriting will oftentimes be asked to oversee or otherwise provide guidance to the Underwriting assistants within the team.Essential Duties and Responsibilities :

• Underwrite, maintain and grow the Ambridge Small Business (<$50m Insured revenue) Cyber portfolio in accordance with the business plan, strategy, authority levels and regulatory environment.
• Exhibit technical Cyber expertise with service of new and existing clients through cross-selling opportunities, account development, execution of client requests and problem solving in accordance with the objectives and procedures based on Ambridge’s core values and standards.
• Manage the entire underwriting cycle for individual accounts and assist in the preparation of and calculation of underwriting figures for input into the Business Plan.
• Gather and evaluate relevant underwriting and risk information independently; communicate findings and analysis to other key Ambridge staff and management.
• Initiate pricing discussions on new and renewal accounts; liaise with Actuarial and management to ensure pricing approach is competitive yet profitable.
• Negotiate and commit underwriting capacity financial arrangements in the best interest of the company, long and short range; ensure that business is being carried out within underwriting capacity.
• Advise clients on policy coverages and policy contract wording.
• Ensure that all submissions are written within regulatory guidelines.
• Participate in discussions on risks written by other offices within Ambridge.
• Establish and maintain knowledge of internal controls and all procedures relating to underwriting.
• Identify and raise issues with in-force accounts / risks; using best judgement, liaise with a variety of other disciplines including claims, legal and / or loss control on issues; recommend solutions to ensure risks are mitigated or referred to management.
• Construct bespoke policy wordings and endorsements; Use discretion when recommending changes to terms and conditions.
• Carry out research on specific accounts as appropriate. 2
• Travel to and participate / lead client meetings; use judgement on how best to balance costs with business needs.
• Maintain key client relationships critical to the on-going success of the business.
• Encourage dialogue with other market practitioners to gain the benefit of market information.
• Identify exposure to loss and recommend appropriate pricing and coverages.
• Participate, as needed, in interviewing, hiring, training, and development of additional staff.
• Work with team leaders on identifying areas of improvement, create efficiencies and improve margins.
• Maintain quality control of renewal expirations, avoid any lapse in coverage.
• Investigate and reconcile financial inquiries and discrepancies relating to bound policies.
• Contribute to the research and development of new business.
• Contribute to preparation of data for inclusion in the company report and accounts.
• Oversee centralized inboxes for Cyber focus groupThe Amynta Group (the “
• Company
• ”) is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of any ground of discrimination protected by applicable human rights legislation. The information collected is solely used to determine suitability for employment, verify identity and maintain employment statistics on applicants.Applicants with disabilities may be entitled to reasonable accommodation throughout the recruitment process in accordance with applicable human rights and accessibility legislation. A reasonable accommodation is an adjustment to processes, procedures, methods of conveying information and / or the physical environment, which may include the provision of additional support, in order to remove barriers a candidate may face during recruitment such that each candidate has an equal employment opportunity. The Company will accommodate a candidate to the point of undue hardship. Please inform the Company's personnel representative if you require any accommodation in the application process.Amynta Group is a premier insurance services company with more than $3.5 billion in managed premium and 2,000 associates across North America, Europe, and Australia. An independent, customer-centered and underwriting-focused company, Amynta serves leading carriers, wholesalers, retail agencies, auto dealers, OEMs, and consumer product retailers with innovative insurance and warranty protection solutions. Amynta operates through three segments : Managing General Agencies; Warranty, including automotive, consumer and specialty equipment; and Specialty Risk Services. For more information, visit amyntagroup.com.
• Benefits
• This link leads to the machine readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. The machine-readable files are formatted to allow researchers, regulators, andapplication developers to more easily access and analyze data.

#J-18808-Ljbffr