Underwriter, Management Liability - Private and Non-Profit

About the role

Ascot U.S. is seeking an Underwriter to join our Private and Non-Profit team in the New York office. This role focuses on profitably growing our private company and nonprofit management liability book within a modern, interconnected global underwriting organization. You will work alongside AI-enabled tools, applying sound judgment and adapting to evolving technology while embodying Ascot’s collaborative, entrepreneurial culture.

Responsibilities

• Underwrite new and renewal Management Liability business for private companies and non-profit organizations.
• Analyze financial statements, operations, governance structures, and loss experience.
• Evaluate D&O, EPL, Fiduciary, Crime, and related management liability exposures.
• Develop and maintain wholesale broker and client relationships; manage distribution within assigned territories.
• Negotiate pricing, terms, conditions, retentions, and coverage enhancements.
• Monitor portfolio profitability and underwriting performance.
• Collaborate with claims, actuarial, legal, and product development teams to ensure product performance, loss scenario analysis, and remediation actions.
• Maintain underwriting documentation and comply with underwriting authority guidelines.
• Manage underwriting production with a focus on profitability across management liability insurance products.
• Use internally generated and third-party data to improve productivity and customer service.
• Conduct marketplace research to develop underwriting tools that enhance portfolio performance.
• Embody The Ascot Way in daily interactions, fostering collaboration, inclusivity, and accountability.

Requirements

• Bachelor’s Degree.
• A minimum of 2 years of Management Liability or Financial Lines underwriting or broker experience.
• Demonstrated success in developing and maintaining relationships with internal and external business partners.
• Excellent communication, interpersonal, and presentation skills.
• Analytical thinking to address business problems, make recommendations, and propose solutions.
• High-energy self-starter with resilience and an entrepreneurial spirit.
• Strong time management, organizational, and desk management skills.
• Ability to work independently and collaboratively in a team environment.
• Detail-oriented with strong written and verbal communication skills.
• Entrepreneurial spirit and a can-do attitude.
• Commitment to profitable underwriting and stellar customer service.
• General understanding of and ability to analyze internal and audited financial statements.
• Willingness to travel (up to 20%).

Wholesale broker experience is preferred but not required. This position may be filled at a different level depending on experience.

Pay

The annualized base pay range for this role is $90,000 – $100,000. Actual base pay may vary based on experience, expertise, and skills. Additional rewards may include an annual cash bonus and discretionary compensation.

Benefits

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more.
• Leave Benefits: Paid holidays, annual Paid Time Off (includes state/local paid leave where required), Short-term Disability, Long-term Disability, Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver leave.
• Retirement Benefits: Contributory Savings Plan (401k).