About this opportunity
AmTrust Financial Services Inc. lists this Director, Underwriting opportunity in boston, Massachusetts. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Overview
The Director, Underwriting oversees activities within the underwriting department, provides management for staff that consists of Managers, Supervisors, Underwriters, and Underwriting Assistants who are responsible for underwriting, review, and placement of risk with AmTrust. Holds overall responsibility for managing their assigned book of business within company profitability guidelines. Maintains a solid understanding of AmTrust’s mission, vision, and values. Upholds the standards of the AmTrust organization.
Responsibilities
Accountable for achieving core operating income, real growth objectives and maintaining quality of business.
Provides mentoring to their team of underwriters and guidance for their professional development
Ensures that team adheres with company guidelines and standards in regard to risk acceptability
Manages the selection and denial of new and/or renewal business including management of pricing targets, renewal retention targets and profitability targets.
Ensures that underwriting decisions are monitored through regular audits and address issues as appropriate individually or through group training.
Focuses on producer relations including the management of their book of business by developing and implementing action plans as deemed appropriate.
Manages and monitors all stages of underwriting execution.
Creates and distributes management reports detailing various functions and status on a monthly basis.
Travel as needed to perform agency visits or to attend company and industry meetings
Keeps current with market trends and demands.
Performs other functionally related duties as assigned.
Due to the nature of this role, travel, including overnight travel, is required.
Qualifications
Required:
Bachelor's degree
9+ years of experience successfully leading and supervising staff
Demonstrated effective management and leadership skills
Thorough knowledge of property/casualty underwriting procedures and policies
Demonstrated ability to lead, plan and work well with others
Extensive knowledge of NCCI, ISO, and State regulations relating to insurance
Strong understanding of underwriting best practices and ability to apply same
Excellent written, verbal, and interpersonal communication skills
Strong organizational, analytical, and interpretive skills
Ability to effectively multi-task and work in a fast-paced, team-oriented environment
Ability to collaborate, “think outside the box” and make sound decisions to resolve complex matters
Ability to travel and work outside normal business hours
Preferred:
Insurance industry designations
Continuing education
This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position. AmTrust has the right to revise this job description at any time.
The expected salary range for this role is $114,700- $195,000 annually.
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
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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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Worksite address
boston, MA, 02298, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.