Commercial Underwriter

Chicago, Illinois
Not Specified
Sep 17, 2016
Nov 16, 2016
Job Type
Not Specified
Career Level
Not Specified

Title_Commercial Underwriter_

About the OrganizationAmTrust Financial Services, Inc., (Nasdaq: AFSI) headquartered in New York City, is a multinational insurance holding company, which, through its insurance carriers, offers specialty property and casualty insurance products, including workers' compensation, commercial automobile and general liability; extended service and warranty coverage.

PositionCommercial Underwriter

LocationIL, Chicago

DescriptionThe commercial underwriter is responsible for the evaluation, selection, acceptance, rejection, pricing and servicing of commercial insurance policies within accepted company procedures and guidelines. Maintains effective agency relationships and manages agency profitability within assigned territories. 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.
  • Determine class fit of small business accounts across our targeted commercial lines of business. Targeted commercial lines of business are primarily Workers Compensation and BOP products.
  • Determine plan of action for renewals utilizing loss control inspections, loss experience reports and third party data providers.
  • Evaluate pricing and coverage to ensure premiums charged are commensurate with the exposure based on company procedures and guidelines.
  • Assist the Regional Underwriting Vice Presidents in resolving agency disputes or problems.
  • Manage book of business to achieve profitability goals utilizing reporting tools and daily correspondences with claims, loss control, and distribution partners.
  • Build productive and positive relationships with assigned agents.
  • Manage facultative reinsurance placement based on corporate guidelines.
  • Work closely with, and provide direction to, underwriting assistants across all aspects of the underwriting process.

    Open Date10/7/2016

    Position Requirements
  • Bachelor's degree or related work experience in a similar environment
  • 3-5 year(s) experience in multiline underwriting
  • Must have completed and/or be participating in technical insurance course programs
  • Knowledge of property and casualty underwriting procedures and policies
  • Knowledge and understanding of ISO/CLM computer programs and Microsoft Office Applications
  • Strong analytical ability and organizational skills. In addition, must have a demonstrated ability to lead, plan and work well with others
  • Experience in and ability to handle commercial risks which generate a premium level up to $150,000. #li-post


    Req NumberUND-16-00085

    Shift-not applicable-

    Number of Openings1

    Employee Referral Eligible

    Employee Referral PayoutThis position is currently accepting applications.