Vice President, Cyber Underwriting (Chicago)

Overview

The Vice President, Cyber will help coordinate and oversee commercial and underwriting operations for AmTrust’s cyber risk and insurance business, with specific responsibility for managing the distribution of AmTrustCyber products and offerings across multiple channels. The ideal candidate will develop a broad knowledge of the group operations and will be able to oversee the growth of the business for which he or she is responsible and will support the profitable growth of cyber insurance business. In addition to understanding AmTrustCyber’s strategy and goals, the successful candidate will maintain a solid understanding of AmTrust’s mission, vision, and values and will uphold the standards of the AmTrust organization. This position reports to the Senior Vice President, Cyber – Head of Underwriting Management.

Responsibilities

• Develops a solid understanding of AmTrustCyber’s strategy to help identify opportunities and foresee challenges.
• Collaborates with other divisions and departments to carry out the organization’s goals and objectives.
• Works with business prospects and distribution partners to support business development efforts with third party distribution channels
• Acts as the lead contact with third party stakeholders
• Participates in the selection of program markets and manage those market relationships
• Oversees negotiations, implementation and day-to-day business process flow
• Stays current with emerging cyber risk, security trends, and insurance market conditions
• Operates within established underwriting authority and guidelines
• Assists with product development, data capture and analysis
• Liaises with compliance to coordinate product filings, admitted/surplus requirements
• Works with marketing to create messaging and materials to promote business development
• Liaises with IT and other internal/external stakeholders on developing technological solutions to support the business
• Collaborates with sales teams to promote business development
• Coordinates platform integration and functionality for new and existing products

Qualifications

• Bachelor’s degree
• 7+ years of industry-related experience
• Strong supervisory and leadership skills
• Extensive knowledge of the principles, procedures, and best practices in the industry
• Demonstrated proficiency with Microsoft Office Suite
• Excellent written, verbal, and interpersonal communication skills
• Strong organizational, analytical, and interpretive skills
• Ability to make sound business decisions
• Ability to communicate directly and succinctly
• Displays high integrity and honesty

This job description is designed to provide a general overview of the requirements 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.

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.