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Underwriting Assistant I

Employer
AmTrust Financial Services
Location
Jersey City, New Jersey
Salary
Not Specified
Closing date
Oct 8, 2019

View more

Category
Underwriting
Job Type
Not Specified
Career Level
Not Specified

Job Details

Overview

Unique opportunity to be a key part of building a profitable Management Liability insurance book of business within a dynamic, international company.

ANV Global Services (www.anv.eu.com) underwrites as a Global MGU with centres in Europe, London and the USA. From our offices in Jersey City, London and Barcelona, we provide underwriting expertise for related and third party insurance companies including Lloyds of London.

ANV Global Services is now part of the AmTrust Group (www.amtrustgroup.com).

We are currently looking for an Underwriting Assistant to join the team in Jersey City, New Jersey.

Main scope of role:

Assist underwriters in underwriting process for new and renewal business.

Responsibilities

  • Send renewal solicitations 60 days before expiration date
  • Follow up with renewal submission 30 days before expiration date if not yet received
  • Enter all monetary transactions (bound accounts, endorsements, cancellations, etc.) into our local bordereau.
  • Reconcile monthly corporate reports.
  • Forward loss runs to respective broker
  • Update all spreadsheets on a daily basis (Local Bordereau, Renewal Log and Master Log)
  • Send weekly policy draft list, renewal updates, accounts to be peer reviewed to the respective underwriter
  • Maintain a high level of customer service.
  • Assist in the development and maintenance of new and existing wholesale broker relationships.
  • Promote the growth and strong reputation of ANV Global Services / AmTrust Group.
  • Assist in underwriting business in accordance with ANV’s policies / procedures, Professional Lines Business Plan, Underwriting Guidelines and Authority Statement once granted in maintaining high underwriting standards and discipline including adequate pricing, analysis and retention to ensure delivery of profitable results.
  • Other related duties as assigned.
  • Contribute and participate in all meetings to develop knowledge of market dynamics and to help support the performance of the team.
Qualifications

  • PC Literate with emphasis on Word, Excel and PowerPoint.
  • Strong analytical, organizational and multitasking skills.
  • Excellent internal and external communication, interpersonal and listening skills.
  • Must be a team player who enjoys a fast paced business and entrepreneurial environment.
  • College degree a plus.
  • Opportunity to transition to Underwriting position in the future.

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.

Company

AmTrust Financial Services, Inc. was founded in 1998 to provide property and casualty insurance to small businesses. Through acquisitions and organic growth, AmTrust Financial Services has since grown to become a multinational property and casualty insurer specializing in coverage for small to mid-sized businesses. Our financial stability is based upon a philosophy of niche diversity with a focus on low-hazard risk.

Since its inception, AmTrust has crafted a balanced portfolio of insurance products including:

  • Multiline Small Business Insurance
  • Warranty and Specialty Risk Insurance
  • Specialty Program Business Insurance

In November 2006, the company became publicly traded on the NASDAQ Global Market under the symbol AFSI. With extensive underwriting experience and a prestigious "A" (Excellent) Financial Size "XI" rating from A.M. Best, AmTrust has earned a reputation as an innovative, technology driven provider of insurance products. Our commitment to excellence is the common thread connecting each of our businesses.

Company info
Website

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