Underwriting Specialist, Management Liability - Public , NY, Post

Underwriting Specialist, Management Liability - Public Company Job Description

This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.

Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose:
One Ascot. Our greatest strength is a talented team who flourishes in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.

The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model:
Client Centric, Risk Centric, Technology Centric.

Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre- and post-claims. Ascot exists to solve our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.

Ascot is embedding artificial intelligence (AI) and automation across the organization to enhance decision making, efficiency, and quality of outcomes. In this role, you will be expected to work confidently alongside AI-enabled tools, apply sound judgment when interpreting insights, and adapt as technology continues to evolve. We value curiosity, critical thinking, and a willingness to embrace change as part of how we work

Assist in the buildout of a profitable management liability underwriting platform

Develop and maintain broker and client relationships throughout the Northeast

Manage underwriting production with integrity, focusing on profitability and across a range of management liability insurance products

Help develop, maintain, and improve upon policy forms, underwriting guidelines, rating plans, and workflows

Use internally generated, and third-party data to improve the productivity of the group, and our customer service

Work closely with the Claims team to ensure that the products are performing as designed, that we have a ground-up view of the loss scenarios, and take appropriate remediation action as needed

Work with the regulatory affairs team as we develop policy and endorsement wording to ensure their filing and admittance in the U.S.

Conduct marketplace research to develop underwriting tools that will assist in improving the portfolio

Commitment to The Ascot Way:
Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability

A minimum of 5 years relevant work experience in Management Liability (D&O, Employment Practices and Fiduciary Liability)

Bachelor’s Degree or higher (business or finance background is a plus)

Willingness to travel (up to 30%).

Ability to work independently as well as in a team environment

Detail oriented with excellent communication skills, both written and verbal

Possess an entrepreneurial spirit and acan-do attitude

Contribute to a positive and collaborative team environment

Comfortable working in a fast-paced, buildout environment

Commitment to underwriting profitably and providing stellar customer service

General understanding of, and ability to analyze internal and Audited Financial Statements

*** This position may be filled at a different level, depending on experience***

Compensation:

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus and other forms of discretionary compensation awarded by the Company.

The annualized base pay range for this role is: $160,000 - $175,000

Company Benefits:

The Company provides a competitive benefits package that includes the following (eligibility requirements apply):

• Health and Welfare Benefits:
  Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more.
• Leave Benefits:
  Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
• Retirement Benefits:
  Contributory Savings Plan (401k)