Executive Underwriter, Surety

Executive Underwriter, Surety

Job Location s: US

Requisition :  | Category:
Underwriting | Position Type:
Regular Full-Time

The Executive Underwriter or Senior Underwriter is responsible for achieving profitable underwriting results in support of growth and profitability objectives by appropriate risk selection, agency relations, book management, self‑development, and assistance in the professional development of others. They administer the underwriting and servicing of new and renewal accounts for agents and producers assigned within the territory in compliance with company underwriting, authority, and pricing standards.

Maintains a solid understanding of AmTrust’s mission, vision, and values. Upholds the standards of the AmTrust organization.

• Drive profitability by meticulously analyzing risks, setting competitive pricing, and delivering exceptional service to maintain a successful book of business. Ensure strict adherence to state regulations and corporate underwriting standards, making informed referrals when necessary.
• Foster strong collaboration within the territory team, keeping peers and management updated on all relevant issues and activities.
• In collaboration with Manager, develop and implement the territory business plan and share accountability with team in meeting territory goals.
• Train territory staff and clients on underwriting appetite and protocols in conjunction with corporate training guidelines.
• Within Home Office authority grant, act as the referral point for the territory underwriting staff.
• Coach and collaborate with the team to develop, manage and maintain outside client relationships which will include traveling in the territory to meet with agents, producers and nonprofit associations or organizations.
• Actively plan and participate in industry events as required such as but not limited to agency or association conventions.
• Provide professional, timely and courteous communication and service to external clients and cross departmental staff to successfully resolve issues pertaining to policyholders and territory producers.
• Provide the pertinent information and guidance to support staff required to process coverage requests in accordance with service guidelines.
• Collaborate with territory team on reports and update databases as required.
• Assist in gathering and communicating competitive information.
• Keep current with market trends and demands.
• Perform other functionally related duties as assigned.

• Possess a minimum of 3 years of underwriting experience in insurance products, showcasing expertise in contract surety insurance coverage, risk selection, methods, and pricing.
• Bachelor’s degree or equivalent work experience in the field.
• Demonstrated ability to interpret and analyze data and make an informed, calculated risk decision.
• Ability to make sound contributions to tactical and strategic planning.
• Ability to train, coach and mentor individuals of various backgrounds within area of expertise.
• Respect for confidential information.
• Excellent organizational and time management skills.
• Ability to travel up to 25% of the time within the assigned territory and to the Home Office as required.

• AFSB designation.
• Continuing education.

The expected salary range for this role is $130K-$200K/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.

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, 401(k) 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.

Not ready to apply? Connect with us for general consideration.