Analyze commercial lines accounts to make decisions based on individual risk characteristics, exposure analysis, hazard recognition and controlsReview new business to ensure that all policy documentation is in placeDetermine acceptability of renewals utilizing loss control inspections, motor vehicle records, Dunn and Bradstreet reports, loss experience reports and underwriting filingsReview and revises pricing and coverage to ensure premiums charged are commensurate with the exposureAssist the Regional Underwriting Vice Presidents in solving agency disputes or problemsReview daily correspondence, reports, endorsements, loss control reports and publications pertaining to responsibilityExamine loss notices, desirability of risk notices from claims and recommends appropriate actionMaintain a specific class of business within specified territory and assigned agents following company guidelines and proceduresPlace facultative reinsurance for risks exceeding the reinsurance treaty capacity with the companyReview the underwriting decisions made by underwriting assistants on Business Owners Policy (BOP) to ensure long-term profitabilityCoordinate with the processing manager the processing of non-renewal and conditional renewal notices within time frame as required of the department of insurance
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.
LocationNJ, Jersey City
DescriptionThe commecial 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. Duties include but are not limited to:
Position Requirements+ Bachelor's degree or related work experience in a similar environment5+ years experience in multiline underwritingMust have completed and/or is participating in technical insurance course programsKnowledge of property and casualty underwriting procedures and policiesKnowledge and understanding of ISO/CLM computer programs and Microsoft Office ApplicationsStrong analytical ability and organizational skills. In addition, must have a demonstrated ability to lead, plan and work well with othersExperience in and ability to handle commercial risks which generate a premium level of $250,000
Number of Openings1
Employee Referral Eligible
Employee Referral PayoutThis position is currently accepting applications.