Underwriting Technician

About the role

Responsible for providing E&S (P&C) property underwriters with information necessary to make sound underwriting decisions, including customer service and administrative support affecting underwriters and agents from initial submission through policy issuance for both new and renewal business. Provides support within established performance standards and priorities, ensuring all related activities align with the business unit’s focus on customer service.

Responsibilities

• Participates with underwriters in new and renewal business activities to support underwriting decisions consistent with business unit growth and retention goals.
• Partners with underwriters to establish support needs for new and renewal policies, including identifying and gathering relevant account information to quote and/or bind the policy.
• Manages account documentation and processing, such as premium audits, endorsements, cancellations, and non-renewals.
• Oversees or handles policy maintenance items and other mid-term requests, including conducting midterm policy audits.
• Processes endorsement requests as assigned by underwriters and follows up on outstanding information as required.
• Fosters positive business relationships with agents and brokers through frequent contact, developing and maintaining good rapport, and resolving conflicts.
• Provides general administrative support and performs other duties as assigned.
• Trains and mentors all levels of underwriting assistants and interns.
• Analyzes and interprets mathematical, statistical, and logical data, evaluating its reliability and significance.

Requirements

• Undergraduate degree preferred; equivalent work experience will be considered in lieu of a degree.
• Strong desire to establish a career path in the insurance industry.
• Ability to synthesize and apply a high volume of information.
• Strong analytical skills and attention to detail.
• Ability to manage multiple priorities and meet productivity deadlines in a fast-paced environment.

Qualifications

• Knowledge of complex Commercial Lines underwriting policies, practices, and procedures, insurance law, and underwriting/marketing principles and techniques.
• Knowledge of regulatory issues, the wholesale insurance transaction, market conditions, and company operations.
• Ability to communicate effectively, orally and in writing, with individuals and groups via telephone, tele/video conference, fax, email, and in person.
• Demonstrates negotiation skills and ability to work independently.
• Ability to use and learn job-related computer software.

Pay

The expected salary range for this role is $46,600–$67,000 per year. Salaries are based on factors such as candidate skills, experience, education, training, scope and responsibilities of the role, and market and business considerations.

Benefits

• Medical and dental plans.
• Life insurance, including eligible spouses and children.
• Health care flexible spending and dependent care accounts.
• 401k savings plans.
• Paid time off.

AmTrust values diversity and inclusion, embracing differences in race, ethnicity, gender, sexual orientation, culture, religion, and disabilities. Diversity is a business imperative, enabling the company to attract, retain, and develop the best talent.