Full-Time

AVP – Casualty Reinsurance Operations and Analytics

Posted on 5/5/2025

Amynta Group

Amynta Group

201-500 employees

Provides warranty and risk management services

No salary listed

Senior

Company Does Not Provide H1B Sponsorship

Remote in USA

Category
Insurance
Finance & Banking
Required Skills
Power BI
Excel/Numbers/Sheets
Requirements
  • Experience in underwriting processes and pricing support
  • Proficiency in data validation and troubleshooting
  • Strong organizational and leadership skills
  • Experience with Power BI and Excel
  • Ability to liaise with multiple departments effectively
Responsibilities
  • Work with the underwriting team on new and renewal business through pricing support
  • Track the underwriting process in tandem with the underwriters
  • Identify issues and create solutions to improve underwriting-related processes
  • Manage the team Senior Underwriting Assistant and oversee aspects of their role
  • Manage the administrative process of the underwriting cycle
  • Liaison across departments to ensure proper processing and data integrity
  • Troubleshoot data issues to ensure program premium and terms are correctly captured
  • Lead administrative buildout for new business and new capacity
  • Work with underwriters to identify and fix issues/errors in Excel files
  • Lead weekly review meetings on monthly premiums to Managing Director and team
  • Assist in providing numbers and information for key management reports
  • Maintain/improve/build reports and trackers in support of the teams’ underwriting and marketing needs
  • Build new processes and improve existing processes for the organization of underwriting documentation and electronic records
  • Liaise with brokers as required
  • Ensure UA tasks are completed correctly and on time
  • Monitor ongoing status of risks written and guide/assist underwriters
  • Further train/develop the Senior UA as needed
  • Build and establish the premium adjustments process with finance
  • Maintain communication with the finance lead to track progress of allocated cash
  • Improve process of flow between underwriting and finance
  • Provide status updates to Managing Director and team
  • Coordinate and lead improvements and revisions in the pricing models
  • Coordinate on data capture for capacity partners
  • Identify issues with programs setup and data upload in Velocity
  • Serve as a key lead in new Reinsurance system buildout
  • Oversee that Claims TPA requests are handled in a timely fashion
  • Monitor communication between TPA and finance/claims/underwriting

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 solutions tailored to specific industries. The company's goal is to deliver comprehensive protection and peace of mind to their clients through reliable warranty services and risk management.

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.

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