What are the responsibilities and job description for the Vice President, Underwriting position at AmTrust Financial?
Vice President, Underwriting
Job Locations US
Requisition ID
JR1003583
Category
Underwriting
Position Type
Regular Full-Time
Overview
The purpose of this role is to support the implementation of our Transactional Risk strategies by contributing to business development and growth through cultivating relationships with all key stakeholders and making informed underwriting decisions to enhance the profitability of the portfolio. Key responsibilities involve generating new business and ensuring the overall profitability of the Transactional Risk Business.
Responsibilities
Review, evaluate and price business by applying underwriting judgment and adhering to guidelines.
- Identify and minimize risks through due diligence and escalation of issues when necessary.
- Review and analyze detailed financial statements, purchase agreements and transaction documents
- Negotiate policy terms, conditions and pricing with clients and brokers
- Stay current with market trends, emerging risks and evolving regulatory landscapes
- Mentor junior underwriters to ensure efficient team performance.
- Comply with legal and regulatory requirements.
- Contribute to recording and measurement of insurance risks.
- Establish and maintain relationships with key stakeholders.
- Assist with improvements in underwriting practices.
- Research and obtain market intelligence to enhance profit goals.
- Contribute to special projects and business initiatives.
This position requires exceptional analytical skills, deep financial knowledge, and the ability to structure sophisticated insurance solutions for high-value corporate transactions.
Qualifications
LI-MM1
LI-REMOTE
AmTrust
What We Offer
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.
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