GBA Underwriter

Boston, Massachusetts
Not Specified
Oct 02, 2016
Dec 01, 2016
Job Type
Not Specified
Career Level
Not Specified

Title_GBA 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.

PositionUnderwriter - GBA

LocationMA, Boston


Position Overview:This is an Underwriting position involved in the review and appraisal of applications for insurance in the Select Business Division of AmTrust E&S. The Select Business Division includes oversight and management of general binding authority contracts; online submit system as well as direct submit small business submissions. The General Binding Authority (GBA) Underwriter uses knowledge and independent judgment to determine eligibility of risks when compared to guidelines of programs available. Responds to questions from agents and insured's received via telephone, mail and fax. Participates in surveys and studies by department to produce production and loss analysis reports as required.

Responsibilities:+ Reviews applications for insurance coverage, reports from loss control consultants and other information to determine if application is acceptable for the program(s) available
  • Evaluate the experience of a risk against the class of business under review
  • Evaluate the loss potential due to catastrophe, severity, and/or frequency
  • May rate policies or check previously rated policies for proper rating
  • Utilizes knowledge of automated systems to develop information for new or renewal policies
  • Prepares quotations for agents and answers questions from agents, policyholder, or prospects
  • Assists agents with comments or questions about applications and the likelihood of acceptance by the company
  • Reviews requests for cancellation, endorsements, etc.
  • Reviews policies for renewal consideration
  • Request additional documentation necessary for the processing of an application, endorsement or cancellation

    Open Date9/30/2016

    Position Requirements

    Qualifications:+ 3-5 years commercial underwriting experience or formal P&C underwriting training
  • High school graduate/GED; Bachelor's degree preferred
  • Has a desire to learn and sees the opportunities to take initiative
  • Ability to establish and maintain client relationships in a marketing/sales capacity
  • Ability to work independently and multi-task
  • Ability to travel 25% - mostly same day some overnight

    What We OfferAmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Vacation and Holidays. #LI-POST


    Req NumberUND-16-00137


    Number of Openings1

    Employee Referral EligibleYes

    Employee Referral Payout$1,000 This position is currently accepting applications.