Assistant Vice President

Job description

We’re thrilled that you are interested in joining us here at the Amynta Group! AVP reports directly to Senior Vice President (SVP) – Excess Casualty and Construction, and will balance supporting SVP’s workflow with developing and managing independent production channels. Working as part of a team of experienced underwriters and underwriting assistants across the country, AVP will be a contributing team player and willing participant in meetings, workshops and events. Responsible for producing, underwriting and retaining profitable business for the company. Effectively handle an impactful flow of new and renewal accounts within division’s guidelines and appetite, including tough products, habitational, commercial contractors, hospitality and other miscellaneous casualty; additionally excess construction project business including wrap-ups, project specifics, and owners interest for medium-large commercial and residential construction projects. Marketing Ambridge Excess Casualty products, developing and strengthening wholesale broker relationships. Essential Duties and Responsibilities:  Underwrite, maintain and grow the Excess Casualty portfolio in accordance with the business plan, strategy, authority levels and regulatory environment.  Exhibit technical expertise with service of new and existing accounts  Gather and evaluate relevant underwriting and risk information independently; communicate findings and analysis to other key Brit staff and management.  Initiate pricing discussions on new and renewal accounts; liaise with management to ensure pricing approach is competitive yet profitable.  Negotiate and commit underwriting capacity financial arrangements in the best interest of the company, long and short range; ensure that business is being carried out within underwriting guidelines.  Manage the entire underwriting cycle for individual accounts and assist in the preparation of and calculation of underwriting figures for input into the Business Plan.  Advise clients on policy coverages and policy contract wording while being cautious of the company’s best interest  Establish and maintain knowledge of internal controls and all procedures relating to underwriting.  Identify and raise issues with in-force accounts / risks; using best judgement, liaise with a variety of other disciplines including claims, legal and/or loss control on issues; recommend solutions to ensure risks are mitigated or referred to management.  Carry out research on specific accounts as appropriate. Marketing and broker development - with team members and individually. Potential travel and dinners / entertainment in evenings  Travel to and participate/lead client meetings; use judgement on how best to balance costs with business needs.  Maintain key client relationships critical to the on-going success of the business.  Encourage dialogue with other market practitioners to gain the benefit of market information.  Identify exposure to loss and recommend appropriate pricing and coverages.  Participate, as needed, in interviewing, hiring, training, and development of additional staff.  Work with MD and SVP on identifying areas of improvement, create efficiencies and improve margins.  Contribute to the research and development of new business.  Contribute to preparation of data for inclusion in the company report and accounts.  Work Remote in an effective workspace and prioritize work during working hours Decision Making Responsibilities:  Efficiently qualify risks, gather necessary information to create clear and appropriately thorough referrals - to include the opportunity, risk analysis, pricing and terms, and suggested action.  Responsible for the appropriate recording of risk, premiums, claims exposures and aggregates so as to enable timely reporting of all relevant information to the syndicate, board and regulatory bodies.  Participate and present own risks written at Peer Review meetings to articulate analytical approach to underwriting decisions Regulatory Conduct Rules 1. Act with integrity. 2. Act with due skill, care and diligence. 3. Be open and co-operative with Lloyd’s, the FCA, the PRA, and other regulators. 4. Pay due regard to the interests of customers and treat them fairly. 5. Observe proper standards of market conduct. The Amynta Group (the “ Company ”) is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of any ground of discrimination protected by applicable human rights legislation. The information collected is solely used to determine suitability for employment, verify identity and maintain employment statistics on applicants. Applicants with disabilities may be entitled to reasonable accommodation throughout the recruitment process in accordance with applicable human rights and accessibility legislation. A reasonable accommodation is an adjustment to processes, procedures, methods of conveying information and/or the physical environment, which may include the provision of additional support, in order to remove barriers a candidate may face during recruitment such that each candidate has an equal employment opportunity. The Company will accommodate a candidate to the point of undue hardship. Please inform the Company's personnel representative if you require any accommodation in the application process.