Underwriter I - Cyber

Company: AmTrust Financial Services Inc.
Location: New York
Posted on: March 12, 2025

Job Description:

OverviewThe Cyber Underwriter will produce and underwrite new and renewal business within the fast-growing Cyber Division. The role will be responsible for assessing the cybersecurity maturity and insurability of business entities across a wide range of industry sectors. The ideal candidate will be responsible for underwriting new and renewal business, helping improve the technical expertise and underwriting guidelines within the division, as well as developing relationships with our key broker partners to achieve our team's shared goals. To be successful the candidate must be self-motivated, adaptable to a changing marketplace, and able to work and collaborate as part of a team.Responsibilities

• Achieve individual and team premium and production goals balanced with maintaining target loss ratios.
• Demonstrate technical and strategic underwriting skills when assessing each submission for new and renewal cyber policies in all target business segments within the business plan.
• Understand key underwriting considerations and distinguishing aspects of various types and sizes of risks ranging from large to small.
• Manage new and renewal business processes including building submission pipelines, issuing quotes, binders and policies in a timely manner and maintaining frequent correspondence with brokers.
• Proactively foster and develop positive relationships with key broker and agent partners.
• Assist with administrative documentation of risks and ensure compliance with processes and procedures.
• Analyze technology trends and stay up to date with emerging risks to identify opportunities and exposures.
• Operate within the established underwriting authority and within the parameters of the underwriting guidelines.
• Collaborate with the team and other internal peers within other aligned business units to drive portfolio strategies.Requirements
  • High attention to detail
  • Independent and self-motivated
  • Articulate and analytical
  • Detail oriented and customer focused
  • Strong interpersonal skills and a collaborative team player
  • Strong organizational skills and the ability to multitask and manage/prioritize projects effectively in a fast-paced environmentPreferred Experience & Education
    • 4-year degree BA/BS or equivalent education and/or work experience.
    • Experience underwriting Cyber/Tech E&O, or alternatively technical or consulting-related cybersecurity work experience.
    • Proficient with Microsoft suite of productsCompensationThe salary range for this role is $70-$80K per year. This range is only applicable for jobs to be performed in Jersey City, New Jersey. Base pay offered may vary depending on, but not limited to education, experience, skills, geographic location, travel requirements, sales or revenue-based metrics. This range may be modified in the future.What We OfferWhat We OfferAmTrust 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. 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.
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Keywords: AmTrust Financial Services Inc., New York , Underwriter I - Cyber, Other , New York, New York