Senior Underwriting Assistant
New York, NY 
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Posted 10 days ago
Job Description
Senior Underwriting Assistant
Job Locations US-NY-TBD
Requisition ID 2024-16738 Category Underwriting Position Type Regular Full-Time
Overview

We are currently looking for a Senior Underwriting Assistant to join the transactional risk team in New York, NY or Morristown, New Jersey for a unique opportunity to be a key part of our book of business.

ANV Global Services (http://www.anv.us.com) underwrites as a Global MGU with centers in Europe, London, and the USA. From our offices in Morristown, London, and Barcelona, we provide underwriting expertise for related and third party insurance companies including Lloyds of London. ANV Global Services is now part of the AmTrust Group (www.amtrustgroup.com).

ANV U.S. Transactional Risk Insurance is a new MGU under the ANV brand.

The salary range for this role is $28-35/hr. This range is only applicable for jobs to be performed in New York. Base pay offered may vary depending on, but not limited to education, experience, skills, geographic location, travel requirements, sales or revenue-based metrics. This range may be modified in the future.

Responsibilities
Role and Responsibilities
    Review daily Merger & Acquisition Submissions; work with underwriters to assess submissions and draft key terms and pricing for our indications.
  • Financial Statement/Business analysis - issue spotting
  • Transaction Documents - issue spotting
  • Completion of summary review documentation and coordination of internal approvals
  • Coordinate and attend underwriting calls with underwriter
  • Enter all monetary transactions (bound accounts, endorsements, cancellations, etc.) into our local bordereau.
  • Reconcile monthly corporate reports.
  • Update all spreadsheets daily (Local Bordereau, Renewal Log and Master Log)
  • Send weekly underwriting status reports to business leaders.
  • Maintain a high level of customer service.
  • Assist in the development and maintenance of new and existing relationships.
  • Promote the growth and strong reputation of ANV Global Services / AmTrust Group.
  • Assist in underwriting business in accordance with ANV's policies / procedures.
  • Other related duties as assigned.
  • Contribute and participate in all meetings to develop knowledge of market dynamics and to help support the performance of the team.
Qualifications
Qualifications and Education Requirements
  • PC Literate with emphasis on Word, Excel, and PowerPoint.
  • Strong analytical, organizational, and multitasking skills.
  • Excellent internal and external communication, interpersonal and listening skills.
  • Must be a team player who enjoys a fast-paced business and entrepreneurial environment.
  • College degree required; finance, math, economics focus a plus.
  • Opportunity to transition to Underwriting position in the future.

This job description is designed to provide a general overview of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position. AmTrust has the right to revise this job description at any time.

This job description is designed to provide a general overview of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position. AmTrust has the right to revise this job description at any time.

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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. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. 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.

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Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Experience
Open
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