Underwriting Assistant I

AmTrust Financial
Morristown, NJ Full Time
POSTED ON 5/3/2024 CLOSED ON 6/15/2024

What are the responsibilities and job description for the Underwriting Assistant I position at AmTrust Financial?

Underwriting Assistant I
Job Locations US-NJ-Morristown
Requisition ID 2024-16738 Category Underwriting Position Type Regular Full-Time
Overview

We are currently looking for an Underwriting Assistant to join the team in Morristown, New Jersey for a unique opportunity to be a key part of our book of business.

ANV Global Services (http://www.anv.us.com) underwrites as a Global MGU with centers in Europe, London, and the USA. From our offices in Morristown, London, and Barcelona, we provide underwriting expertise for related and third-party insurance companies including Lloyds of London. ANV Global Services is now part of the AmTrust Group (www.amtrustgroup.com).

Responsibilities
Role and Responsibilities
    Enter all monetary transactions (bound accounts, endorsements, cancellations, etc.) into our local bordereau.
  • Reconcile monthly corporate reports.
  • Forward loss runs to respective broker.
  • Update all spreadsheets daily (Local Bordereau, deal tracker and Master Log)
  • Send weekly policy draft list, accounts to be peer reviewed to the respective underwriter, open invoice and deliverable reminders.
  • Maintain a high level of customer service.
  • Assist in the development and maintenance of new and existing relationships.
  • Promote the growth and strong reputation of ANV Global Services / AmTrust Group.
  • Assist in underwriting business in accordance with ANV's policies / procedures and Transactional Risk Underwriting Guidelines, including keeping track of and updating deal specific status trackers and maintaining and saving all deal related documentation.
  • Other related duties as assigned.
  • Contribute and participate in all meetings to develop knowledge of market dynamics and to help support the performance of the team.
  • Handle intake of all deal submissions, including importing submission documents, initial preparation of Rater and deal files, and initial review and execution of NDAs related to submissions.
Qualifications
Qualifications and Education Requirements

* Skills and experience required:

* PC Literate with emphasis on Word, Excel, and PowerPoint.

* Strong analytical, organizational, and multitasking skills.

* Excellent internal and external communication, interpersonal and listening skills.

* Must be a team player who enjoys a fast-paced business and entrepreneurial environment.

* College degree

* Opportunity to transition to Underwriting position in the future.

This job description is designed to provide a general overview of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position. AmTrust has the right to revise this job description at any time.

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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.

Connect With Us!
Not ready to apply? Connect with us for general consideration.

 

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