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Amynta Group

Warranty and specialty risk underwriters

Assistant Vice President

UnderwritingConfirmed live in the last 24 hours
Full-timeCalifornia, USANo salary listed

About the Job

Requirements

  • Underwrite, maintain, and grow the Excess Casualty portfolio in accordance with the business plan, strategy, authority levels, and regulatory environment.
  • Exhibit technical expertise in servicing new and existing accounts.
  • Gather and independently evaluate relevant underwriting and risk information, and communicate findings and analysis to key staff and management.
  • Initiate pricing discussions on new and renewal accounts and work with management to ensure pricing is competitive yet profitable.
  • Negotiate and commit underwriting capacity financial arrangements in the company's best interest while operating within underwriting guidelines.
  • Manage the entire underwriting cycle for individual accounts.
  • Advise clients on policy coverages and policy contract wording while protecting the company's interests.
  • Maintain knowledge of internal controls and procedures relating to underwriting.
  • Identify issues with in-force accounts and risks, coordinate with claims, legal, and loss control disciplines, and recommend mitigation or referral solutions.
  • Conduct research on specific accounts as appropriate.
  • Efficiently qualify risks and prepare thorough referrals including opportunity, risk analysis, pricing, terms, and recommended action.
  • Record risks, premiums, claims exposures, and aggregates to support timely reporting to the syndicate, board, and regulatory bodies.
  • Present and articulate analytical approaches to underwriting decisions at Peer Review meetings.
  • Act with integrity, due skill, care, and diligence; cooperate with Lloyd's, the FCA, the PRA, and other regulators; treat customers fairly; and observe proper market conduct standards.

Responsibilities

  • Support the Senior Vice President's workflow while developing and managing independent production channels.
  • Produce, underwrite, and retain profitable business for the company.
  • Handle new and renewal accounts within division guidelines and appetite, including tough products, habitational, commercial contractors, hospitality, miscellaneous casualty, and excess construction project business.
  • Market Ambridge Excess Casualty products and develop and strengthen wholesale broker relationships.
  • Participate in team meetings, workshops, and events.
  • Prepare and calculate underwriting figures for input into the Business Plan.
  • Liaise with management on pricing approaches for new and renewal accounts.
  • Identify exposure to loss and recommend appropriate pricing and coverages.
  • Travel to and participate in or lead client meetings.
  • Maintain key client relationships critical to the ongoing success of the business.
  • Engage with other market practitioners to obtain market information.
  • Work with the Managing Director and Senior Vice President to identify improvements, create efficiencies, and improve margins.
  • Contribute to the research and development of new business.
  • Contribute to preparing data for inclusion in the company report and accounts.
  • Work remotely in an effective workspace and prioritize work during working hours.
  • Participate in and present own written risks at Peer Review meetings.
  • Participate, as needed, in interviewing, hiring, training, and developing additional staff.

About the Company

Amynta Group

Warranty and specialty risk underwriters

Amynta Group coordinates warranty and service contracts for automotive, consumer products, and specialty equipment, and administers niche workers’ compensation and contractor liability coverage in the US and Canada through multiple carrier partners. Its products are implemented by underwriting with carriers and administering programs via a network of MGAs, service providers, and risk specialists, covering design, underwriting, administration, and claims management. The company differentiates itself with a broad, multi-carrier platform and deep, industry-focused expertise across a wide administrative network. Its goal is to help clients manage post-sale risk and regulatory compliance by delivering reliable warranty, service contracts, and niche insurance programs through a distributed partner ecosystem.

Company size
201-500
Company stage
Not listed
Total funding
Not listed
Headquarters
New York City, New York
Founded
2018

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