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AmTrust Financial Services, Inc.
Director, Underwriting
Career Insights for Property / Casualty Underwriter
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Based on Connecticut data
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What they do
A Property or Casualty Underwriter is an insurance agent who initially inspects homes or rental properties (or other property to be insured) for conditions such as physical deterioration that pose a risk to the carrier.
$113,320 / year median in Connecticut
-3% projected decline
Job Description
Overview The Director, Underwriting oversees activities within the underwriting department, provides management for staff that consists of Managers, Supervisors, Underwriters, and Underwriting Assistants who are responsible for underwriting, review, and placement of risk with AmTrust. Holds overall responsibility for managing their assigned book of business within company profitability guidelines. Maintains a solid understanding of AmTrust's mission, vision, and values. Upholds the standards of the AmTrust organization. Responsibilities Accountable for achieving core operating income, real growth objectives and maintaining quality of business. Provides mentoring to their team of underwriters and guidance for their professional development Ensures that team adheres with company guidelines and standards in regard to risk acceptability Manages the selection and denial of new and/or renewal business including management of pricing targets, renewal retention targets and profitability targets. Ensures that underwriting decisions are monitored through regular audits and address issues as appropriate individually or through group training. Focuses on producer relations including the management of their book of business by developing and implementing action plans as deemed appropriate. Manages and monitors all stages of underwriting execution. Creates and distributes management reports detailing various functions and status on a monthly basis. Travel as needed to perform agency visits or to attend company and industry meetings Keeps current with market trends and demands. Performs other functionally related duties as assigned. Due to the nature of this role, travel, including overnight travel, is required.