What are the responsibilities and job description for the Underwriter position at Amwins Group, Inc.?
COMPANY SUMMARY
The American Equity Underwriters, Inc. (AEU) (An Amwins company) is the program administrator of the American Longshore Mutual Association, Ltd. (ALMA), a group self-insurance fund authorized by the U.S. Department of Labor to provide USL&H coverage for the liabilities of its insureds under the United States Longshore & Harbor Workers’ Compensation Act.
With decades of experience in the maritime industry and a strong commitment to our insureds, AEU is the leading specialist in USL&H. We’ve helped make safety a priority for waterfront employers for more than 20 years — and we’re determined to help our insureds continually reduce risks for the benefit of their employees and our industry as a whole.
POSITION SUMMARY
AEU is looking for an experienced underwriter to join our team. The successful candidate will be responsible for evaluating risks to achieve sound underwriting performance. The underwriter collects and processes complex data, produces pricing presentations to explain pricing rationale, and focuses on creating innovative solutions for our customers. Building strong relationships with brokers and insureds by consistently demonstrating excellent service, problem-solving ability, and impeccable core values is integral to the position.
This position reports to the SVP, Director of Underwriting.
PRIMARY RESPONSIBILITIES
- Collect and process insured’s data and evaluate loss history and price to achieve performance standards.
- Responsible for book performance which includes managing a long-term pricing plan, anticipating difficult renewals, and developing strategy in collaboration with other team insureds.
- Communicate and present pricing to the team, management, insured, and broker with confidence.
- Responsible for fostering existing and future relationships with brokers and insureds and actively assisting the team in developing appropriate strategies.
- Manage the flow of business for the assigned team and delegate tasks appropriately.
- Provide clear and concise instructions to the team on quotes, confirmations, billing, collateral, endorsements, audits, collections, and cancellations.
- Mentor Associate Underwriters.
- Demonstrate AEU’s value to insureds and brokers.
KNOWLEDGE AND SKILL REQUIREMENTS
- Solid working knowledge of underwriting practices using established underwriting guidelines
- Must be self-motivated
- Ability to work under pressure and meet strict deadlines
- Ability to travel for in-person meetings
- Solid organizational skills, ability to multi-task and must be detail-oriented
- Strong leadership skills
- Excellent interpersonal and negotiation skills with the ability to be comfortable having difficult conversations with insureds and brokers
- Adept computer and software abilities including Microsoft Office applications
- Analytical thinker with research proficiencies
WORKING ENVIRONMENT
- This is an in-office position where employees enjoy a comfortable working environment in a modern-classic office space with beautiful views
- Named one of the Best Companies to Work for in Alabama for five years straight
- Collaborative, positive, and engaging company culture
- Strong tradition of corporate charitable promotion
