Underwriting Product Manager

AmTrust Financial • Melville, NY, United States • $200k - $250k / year • 1w ago

Underwriting Product Manager

Job Locations:
US-United States

Requisition ID: 2024-16904
Category: Underwriting
Position Type: Regular Full-Time

Overview

This role supports the execution of the WC underwriting strategy for the small business portfolio. The role will be responsible for overseeing the analysis of key performance metrics and reporting on results and trends, including recommended action plans. The position will provide detailed analysis of production and profit data, underwriting rules workflow and efficacy, industry performance metrics, and UW analytics to monitor and understand core drivers of business. Under moderate supervision, the role requires the ability to productively partner with other functional areas of the organization.

Responsibilities

In collaboration with all-line product/business owners, develop and implement small business underwriting strategies. An all-lines strategy will include alignment in new or revised underwriting positions and appetite to maximize opportunities.
Adept at evaluating and pivoting very large data sets with an ability to spot trends and present business insights.
Formulate recommendations based on analysis and interpretation of business results, allowing for quick and effective reaction to growth and profit challenges.
Presents findings of analysis and partners with leaders to assist in strategic overviews to management on a routine basis.
Oversees the workers compensation new business quality assurance process and reports out on results, trends, and recommended action plans for underwriting rule adjustments.
Serve as a product resource to regional underwriting groups that can effectively communicate current and future small business underwriting initiatives.
Manages all automation build initiatives with the support from other functional disciplines, including automation governance efforts.

Qualifications

Bachelor's degree required.
7+ years Commercial P&C insurance industry underwriting, actuary, claim and/or product development experience, ideally with deep experience in Small Commercial.
Strong analytical ability and organizational skills. In addition, must have a demonstrated ability to lead, plan and collaborate across multiple disciplines.
Ability to make sound contributions to tactical and strategic planning.
Ability to train, coach and mentor individuals of various backgrounds within area of expertise.
Excellent written, verbal, and interpersonal communication skills.
Demonstrated proficiency with Microsoft Office Suite.

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. 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.