• AmTrust Financial
  • $97,110.00 -159,740.00/year*
  • Jersey City , NJ
  • Financial Services - Insurance
  • Full-Time
  • 10 Bayside Terrace

Overview

The 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.

Responsibilities

Duties include but are not limited to:

  • Analyze commercial lines accounts to make decisions based on individual risk characteristics, exposure analysis, hazard recognition and controls
  • Review new business and make sound underwriting decisions to write profitable business
  • Determine 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 exposure
  • Responsible for thorough documentation of underwriting decisions aligned with authority grant
  • Review daily correspondence, reports, endorsements, loss control reports and publications pertaining to responsibility
  • Examine loss notices, desirability of risk notices from claims and recommends appropriate action
  • Maintain a specific class of business within specified territory and assigned agents following company guidelines and procedures
  • Place facultative reinsurance for risks exceeding the reinsurance treaty capacity with the company
  • Review 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 practices
  • Conduct training sessions for the team leveraging experience and skills to help teammates learn and gain new skills and insights
  • Qualifications

  • 3-5 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 Applications
  • Prefer underwriting experience in small auto (10 vehicles per policy up to $25K), package, BOP, monoline property and GL
  • Strong analytical ability, organizational skills, results driven in a goal production environment.
  • 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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    Associated topics: underwriter

    * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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