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Senior Underwriter

Company: AmTrust Financial Services
Location: Jersey City
Posted on: September 13, 2019

Job Description:

OverviewThe Multiline Underwriter is responsible for the evaluation, selection, acceptance, rejection, pricing and servicing of commercial and agricultural insurance policies within accepted company procedures and guidelines. Maintains effective agency relationships and manages agency profitability within assigned territories. ResponsibilitiesDuties include but are not limited to:Analyze commercial lines accounts to make decisions based on individual risk characteristics, exposure analysis, hazard recognition and controlsReview new business and make sound underwriting decisions to write profitable businessDetermine acceptability of renewals utilizing loss control inspections, loss experience reports, Google Maps and internet tools as well as any other information available to make sound underwriting decisions Review and revises pricing and coverage to ensure premiums charged are commensurate with the exposureResponsible for thorough documentation of underwriting decisions aligned with authority grantReview daily correspondence, reports, endorsements, loss control reports and publications pertaining to responsibilityExamine loss notices, desirability of risk notices from claims and recommends appropriate actionMaintain a specific class of business within specified territory and assigned agents following company guidelines and proceduresPlace facultative reinsurance for risks exceeding the reinsurance treaty capacity with the companyReview the underwriting decisions made by underwriting assistants or anyone in a support role to ensure the quality of the decision is in line with business practicesConduct training sessions for the team leveraging experience and skills to help teammates learn and gain new skills and insights Qualifications5+ years of multi-line underwriting experience (prefer NY, NJ territory experience)This experience should results in the knowledge of property and casualty underwriting procedures and policies, ISO/CLM computer programs and Microsoft Office ApplicationsPrefer underwriting experience in small auto (10 vehicles per policy up to $25K), package, BOP, monoline property and GLStrong analytical ability, organizational skills, results driven in a goal production environment.What We OfferAmTrust 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.

Keywords: AmTrust Financial Services, Jersey City , Senior Underwriter, Other , Jersey City, New Jersey

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