Full-Time

Underwriting Manager

Confirmed live in the last 24 hours

Amynta Group

Amynta Group

201-500 employees

Provides warranty and risk management services

No salary listed

Senior

Company Does Not Provide H1B Sponsorship

Sarasota, FL, USA

Category
Insurance
Finance & Banking
Required Skills
Data Analysis
Requirements
  • Strong leadership skills
  • Deep understanding of commercial auto products
  • Experience managing multi-carrier programs
  • Bachelor’s degree
  • At least 5 years of underwriting experience in commercial lines
Responsibilities
  • Managing and developing a team of underwriters
  • Analyzing risks and approving submissions within authority limits
  • Monitoring underwriting performance metrics and making data-driven adjustments to strategies
  • Collaborating with carriers to implement and maintain program-specific guidelines
  • Coaching underwriters to enhance technical expertise and decision-making skills
  • Building and maintaining relationships with brokers and agents to drive new business opportunities
  • Ensuring compliance with regulatory requirements and internal audit standards
Desired Qualifications
  • Strong leadership skills
  • Deep understanding of commercial auto products
  • Experience managing multi-carrier programs

Amynta Group provides warranty and specialty risk services across various industries, including automotive, consumer products, and specialty equipment. Their main offerings include warranty and service contracts, which protect consumers and businesses from unexpected repair costs. Additionally, they manage niche workers' compensation and contractor liability coverage for clients in the United States and Canada, working with multiple insurance carriers. What sets Amynta Group apart from its competitors is their extensive expertise and focus on specialized risk management, allowing them to tailor solutions to meet the unique needs of different sectors. The company's goal is to deliver comprehensive protection and peace of mind to their clients through reliable warranty and insurance solutions.

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

2018

Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisitions position Amynta Group for growth in credit and medical stop loss markets.
  • John Doucette's leadership may drive innovation and new market strategies at Amynta.
  • Renewal rights from James River Insurance enhance Amynta's revenue streams and client base.

What critics are saying

  • Integration challenges from acquisitions may lead to operational inefficiencies for Amynta.
  • Increased regulatory scrutiny in credit insurance could raise compliance costs for Amynta.
  • Talent shortages in the insurance industry may hinder Amynta's growth and management efforts.

What makes Amynta Group unique

  • Amynta Group's acquisition of Crum & Forster's Credit Division enhances credit insurance offerings.
  • The acquisition of Unum's Medical Stop Loss business diversifies Amynta's insurance portfolio.
  • Sutton Special Risk acquisition expands Amynta's specialty insurance in sports and entertainment.

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Benefits

Hybrid Work Options

Company News

PR Newswire
Dec 24th, 2024
Amynta Group Acquires Credit Insurance Business Of Crum Forster

NEW YORK and MORRISTOWN, N.J., Dec. 24, 2024 /PRNewswire/ -- Amynta Group, a leading insurance services provider, announced the acquisition of the Credit Division of Crum & Forster ("C&F"), a subsidiary of Fairfax Financial Holdings Limited. The acquisition of the C&F Credit Division, offering a suite of structured credit insurance solutions, expands Amynta's presence in the credit insurance sector. The business will operate as a full-service Managing General Underwriter (MGU) under Amynta Risk Solutions.The acquired business underwrites and manages credit insurance products, including mortgage credit and alternative credit risk solutions, primarily for financial institutions and mortgage insurers. The business provides turn-key access to the credit insurance market to a variety of insurance and reinsurance partners. C&F will remain an important partner for the business

Coverage
Jul 9th, 2024
Unum Group To Sell Medical Stop Loss Operations To Amynta Group

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TipRanks
Jul 8th, 2024
Unum Group sells Medical Stop Loss business to Amynta Group, no terms

Unum Group announced that it has entered into a definitive agreement whereby the Amynta Group, an insurance services provider, will acquire Unum Group's Medical Stop Loss business.

PR Newswire
Jul 8th, 2024
Unum Group Announces Sale Of Medical Stop Loss Operations To Amynta Group

CHATTANOOGA, Tenn. and NEW YORK, July 8, 2024 /PRNewswire/ -- Unum Group (NYSE: UNM) announced that it has entered into a definitive agreement whereby the Amynta Group, a leading insurance services provider, will acquire Unum Group's Medical Stop Loss business ("Stop Loss Business"). The business will operate as a full-service managing general underwriter under Amynta Risk Solutions.The business provides medical stop loss coverage to a diversified group of employers and industries across the United States."We are pleased to enter into an agreement to sell our Stop Loss operations to Amynta," said Marco Forato, senior vice president and chief strategy officer at Unum Group. "This transaction places the future of the Stop Loss business in capable hands and poised for strong growth while enabling Unum to continue its focus on key enterprise priorities."John Doucette, CEO of Amynta Risk Solutions, commented, "The acquisition of Unum's Stop Loss business aligns perfectly with our commitment to providing comprehensive solutions that deliver value to our partners and customers. Unum has built a strong stop loss business, bringing great expertise and capabilities to the market. We will continue to invest in the business to drive growth and innovation in the medical stop loss market."Terms of the sale were not disclosed

Insurance Insider
May 17th, 2024
Doucette joins Amynta to spearhead newly created division

Doucette joins Amynta to spearhead newly created division.