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Vice President, Underwriting, E&S
Vice President, Underwriting, E&SAmTrust Financial Services • Chicago, IL, US
Vice President, Underwriting, E&S

Vice President, Underwriting, E&S

AmTrust Financial Services • Chicago, IL, US
1 day ago
Job type
  • Full-time
Job description

Vice President, Underwriting E&S

AmTrust Financial, a fast-growing P&C Insurance company, is seeking an experienced and strategic Vice President, Underwriting E&S. The role involves leading the underwriting activities with a focus on Excess & Surplus (E&S) lines for high hazard general liability insurance. The Vice President will work closely with departments like claims, risk management, finance, and actuarial to ensure that the underwriting practices align with the organization's strategic goals. This senior leadership role requires an experienced underwriting professional capable of making significant contributions to our growing business. Maintains a solid understanding of AmTrust's mission, vision, and values. Upholds the standards of the AmTrust organization.

Responsibilities

  • Oversee the underwriting team within the primary casualty and lead excess space to achieve financial goals, including premium, loss ratio, retention, commissions, pricing, new business, premium collection, and expense management.
  • Monitor and analyze evolving market conditions to inform strategic underwriting decisions.
  • Assume direct responsibility for broker development and management, including devising marketing plans and fostering profitable relationships.
  • Participate in annual product development and planning processes.
  • Continuously evaluate market dynamics to ensure competitive and responsive underwriting practices.
  • Champion innovation and continuous improvement of underwriting processes, systems, and technologies.
  • Stay abreast of changes in the insurance landscape to guide product and pricing strategies which match up with customer needs and marketplace expectations
  • Performs other functionally related duties as assigned.

Qualifications

Required :

20+ years of commercial lines property and casualty experience, with a specialized focus on E&S underwriting for high hazard general liability insurance.

Demonstrated expertise in underwriting within relevant classes of business, including advanced risk assessment skills with product specialization.

Demonstrated proficiency in cultivating and managing strategic relationships with wholesale distribution partners, contributing to sustained growth and market penetration within the Excess & Surplus insurance sector.

Exceptional communication and negotiation skills, with the ability to engage effectively with internal and external stakeholders.

Ability to independently prioritize tasks and meet strict deadlines.

Proven leadership abilities, with experience in developing and leading high-performing teams.

Bachelor's degree or higher in business, finance, or a related field.

Detail-oriented and capable of working in a fast-paced environment.

Preferred :

CPCU or other industry certification.

Master's degree in business, finance, or a related field.

The expected salary range for this role is $165k-$250k / year.

Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations.

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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Vice President • Chicago, IL, US

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