Senior Underwriter

As a Senior Underwriter at AmTrust E&S Insurance Services, you will be responsible for underwriting and managing a portfolio of complex liability risks. Your duties will include risk analysis, pricing, new business development, and contract negotiation. You will also collaborate closely with team members and management to ensure underwriting decisions align with company guidelines and support agency relationships.

To qualify for the Senior Underwriter role at AmTrust E&S Insurance Services, candidates typically need a minimum of seven years of liability underwriting experience. A BA/BS degree is preferred, and having CPCU or other related insurance designations is a plus. Strong knowledge of the E&S market and experience with high-hazard risks, particularly in sectors like construction and hospitality, is also desired.

At AmTrust E&S Insurance Services, career development for Senior Underwriters includes opportunities for mentorship, attendance at industry events, and collaboration with experienced professionals. The company encourages continuous learning and keeping abreast of market changes, ensuring you have the tools needed to advance within the organization. Additionally, the diverse, inclusive culture fosters the sharing of insights that can contribute to your growth.

In your role as a Senior Underwriter at AmTrust E&S Insurance Services, you will underwrite high-hazard and complex risks that may include construction, products liability, and distressed premises. Your expertise in the E&S market will play a crucial role in evaluating these unique risks and determining appropriate coverage options and pricing strategies.

As a Senior Underwriter at AmTrust E&S Insurance Services, you will enjoy a comprehensive benefits package, including competitive salaries, medical and dental plans, life insurance, a 401k savings plan, and generous paid time off. The company is also committed to fostering a diverse and inclusive culture that values the unique contributions of every employee.

In answering this question, highlight specific experiences related to excess and surplus lines underwriting. Discuss the types of risks you've underwritten, your approach to risk evaluation, and how you’ve navigated complex coverage options. It's also beneficial to mention how your experience aligns with the demands of the Senior Underwriter position at AmTrust.

When responding, illustrate your methodical approach to risk analysis. Talk about the factors you consider, such as historical loss data, coverage forms, and hazard assessments. Mention any tools or software you use and how you ensure compliance with industry standards—essentially tightening the focus on the techniques that would be beneficial in the Senior Underwriter role.

Share effective strategies you've successfully employed in past roles, such as building strong relationships with agents, networking at industry events, or leveraging data analytics for leads. Tailor your answer to show how these strategies can maximize business development for AmTrust E&S Insurance Services.

Discuss the importance of a sound decision-making process. Provide an example of a challenging underwriting situation you've faced, how you assessed the risks involved, and the overall outcome. This will showcase your critical thinking and problem-solving skills, both key traits for a Senior Underwriter.

Emphasize the collaborative nature of underwriting in your answer. Discuss how you work with colleagues, agents, and management to achieve underwriting goals, illustrating your ability to foster teamwork in an environment like AmTrust E&S Insurance Services.

Highlight your commitment to continuous learning. Discuss specific resources you utilize, such as industry publications, networking opportunities, or training programs. This demonstrates your proactive approach to staying relevant in the ever-evolving insurance landscape.

Outline the various elements influencing your pricing decisions, such as market conditions, risk exposure levels, and historical data. Use this opportunity to tie in how accurately assessing these factors will benefit AmTrust's profitability as a Senior Underwriter.

Address the importance of building strong agency relationships as a Senior Underwriter. Share specific examples of how you’ve cultivated these relationships, the impact they had on business results, and how this experience can enhance your responsibilities at AmTrust.

When answering, detail the specific steps you take to assess high-hazard risks, such as thorough evaluations of the client's operations and potential risk factors. This shows your understanding of complex underwriting and aligns with the expectations at AmTrust E&S Insurance Services.

Identify a key strength that relates specifically to underwriting, such as analytical skills, relationship-building, or risk management expertise. Support your answer with an example that reflects how this strength will contribute positively to your role at AmTrust.