Job Description | About the Organization AmTrust Financial Services, Inc., (Nasdaq: AFSI) headquartered in New York City, is a multinational insurance holding company, which, through its insurance carriers, offers specialty property and casualty insurance products, including workers' compensation, commercial automobile and general liability; extended service and warranty coverage. For more information about AmTrust, visit www.amtrustgroup.com, or call AmTrust toll-free at 866.203.3037.
Description
This is a staff position involved in the review and appraisal of applications for insurance. Uses knowledge and independent judgment to determine eligibility of risks when compared to guidelines of programs available. Responds to questions from agents and insured's received via telephone, mail and fax. Participates in surveys and studies by department to produce production and loss analysis reports as required. Duties include but are not limited to:
• Reviews applications for insurance coverage, reports from loss control consultants and other information to determine if application is acceptable for the program(s) available
• Evaluate the experience of a risk against the class of business under review
• Evaluate the loss potential due to catastrophe, severity, and/or frequency
• May rate policies or check previously rated policies for proper rating
• Utilizes knowledge of automated systems to develop information for new or renewal policies
• Prepares quotations for agents and answers questions from agents, policyholder, or prospects
• Assists agents with comments or questions about applications and the likelihood of acceptance by the company
• Reviews requests for cancellation, endorsements, etc.
• Reviews policies for renewal consideration
• Request additional documentation necessary for the processing of an application, endorsement or cancellation
Position Requirements • College degree preferred
• Knowledge of departmental regulations and policies
• Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines and standard accepted underwriting practices
• Must meet physical requirements and pass substance abuse screening as may be required
• Experience in standard underwriting practices and procedures
Open Date 1/9/2014
Full-Time/Part-Time Full-Time |
| | Company | Amtrust Financial Services, Inc | Job Code | | State or Province | Illinois | | |
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