Director, Nonprofit Underwriting

Overview

As the Director of the Nonprofit Division at AmTrust Insurance, you will play a pivotal role in building our second new business team, driving the overall success of the division by overseeing top and bottom-line results, leading product development initiatives, fostering strong agency relationships, and strategically managing profitable growth. This position requires a dynamic and results-oriented individual with a deep understanding of the insurance industry, particularly in the nonprofit sector.

This role will require hybrid attendance in one of our AmTrust office locations.

Responsibilities

Strategic Leadership:

• Develop and implement a comprehensive strategic plan for the Nonprofit Division in alignment with the overall corporate objectives.
• Provide insightful leadership to the division, guiding the team towards achieving financial targets and sustainable growth.

Financial Performance:

• Take ownership of the division’s financial performance, with a focus on achieving and exceeding top and bottom-line results.
• Develop and monitor key performance indicators (KPIs) to measure and improve financial outcomes.

Product Development:

• Lead the development and enhancement of insurance products tailored for the nonprofit sector.
• Stay abreast of industry trends, regulatory changes, and emerging risks to ensure the division’s product offerings remain competitive and relevant.

Agency Relationships:

• Cultivate and maintain strong relationships with key agency partners to drive business development and retention efforts.
• Collaborate with agencies to understand market needs and tailor solutions that meeting the unique requirements of nonprofit organizations.
• Identify and pursue new business opportunities, partnerships, and distribution channels.

Team Leadership:

• Build and lead a high-performing team, fostering a culture of collaboration, innovation, and accountability.
• Provide mentorship, coaching, and professional development opportunities for team members.

Compliance and Regulatory Oversight:

• Ensure that all divisional activities comply with relevant laws, regulations, and industry standards.
• Collaborate with legal and compliance teams to address regulatory requirements and mitigate compliance risks.

Qualifications

• Proven track record of successfully managing top and bottom-lines results in a leadership capacity.
• Extensive experience in commercial underwriting, ideally nonprofit/human services accounts
• Strong knowledge of product development, underwriting principles, and insurance market dynamics.
• Exceptional interpersonal and communication skills, with the ability to build and maintain strong relationships internally and externally.
• Strategic thinker with the ability to translate vision into actionable plans.

The expected salary range for this role is $131K-$185K/year.

Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations.

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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.