VP, Underwriting Specialty Programs

Amtrust Financial Services, Inc. Southington , CT 06489

Posted 2 months ago

Overview

AmTrust Specialty Insurance Services, a member of the AmTrust group of companies, is searching for an experienced and knowledgeable VP, Underwriting Specialty Programs to manage and lead a group of underwriters for our Specialty Unit.

  • Coach team members on achieving goals and developing necessary skills that get results.

  • Ability to make and sell both individual and portfolio risk decisions.

  • Manage relationships with Managing General Agents to ensure lasting, profitable books of business.

  • Coordinate the resources needed to achieve desired results.

  • Monitor results including the development and implementation of strategic action plans for underperforming segments.

  • Underwrite an assigned book of Program business in accordance with corporate guidelines.

  • Assist in the production of new Program opportunities

  • Manage relationships with Program Managers to ensure lasting, profitable books of business.

  • Coordinate the product development for assigned programs

  • Assist in the preparation of specific program filings, as needed.

  • Provide coverage analysis of both competitor and AmTrust products, as needed.

  • Perform audits to ensure compliance with underwriting guidelines.

Responsibilities

  • Provide leadership, support and guidance to team members.

  • Develop opportunities to grow a book of business that produces profits.

  • Ensures compliance with established company and regulatory guidelines and procedures to provide high quality customer service.

  • Participates in the implementation of divisional and company initiatives and strategies.

  • Develop and implement strategies for maintaining program profitability and growth.

  • Proactively update underwriting guidelines to address current market changes and emerging risks.

  • Coordination of internal disciplines/resources to bind new programs and manage existing programs.

  • Participates in the development of strategic plans, goals, and objectives ensuring alignment with those of the division and company.

  • Provides informal feedback on an ongoing basis and formal feedback in the annual performance evaluation process to identify and develop talent.

  • Consultative participation in individual risk referral process.

  • Proactively manages and monitors results of assigned underwriting team to achieve desired results.

  • Implements business initiatives including prompt corrective action plans for programs with below threshold performance.

  • Recommend and lead special projects to support program department profitability.

Qualifications

  • A college degree required, in addition to property/casualty insurance experience, preferably 10-15+ years in an underwriting or product development role at an insurance company.

  • Ability to work independently and within a team. Self motivated with a high degree of initiative. Strong interpersonal skills, time management and organizational skills.

  • Excellent written communication skills, including correct use of grammar, spelling and punctuation.

  • The position requires strong PC skills, Microsoft Word and Microsoft Excel.

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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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VP, Underwriting Specialty Programs

Amtrust Financial Services, Inc.