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Headquarters New York, NY
Size 150 to 499 Employees
Founded Unknown
Type Company - Public (AMBC)
Industry Insurance
Revenue $500 million to $1 billion (USD) per year
Competitors MBIA, Fgic, Assured Guaranty

Ambac Financial Group used to give an A+ to school bonds, until its own ratings fell to C's. Ambac Assurance, the holding company's primary subsidiary, sold financial guarantee insurance and other credit enhancement products for municipal bonds in the US market. However, the company has halted all new business and has placed its remaining business in "run-off" -- meaning it is only taking in premium payments and paying out claims as it is able. Already operating under "rehabilitation" by Wisconsin regulators, Ambac Financial filed for Chapter 11 bankruptcy in 2010.

Working at Ambac

Posted by employees

Employees are “Dissatisfied”   12 ratings


68% Approve of the CEO   3 ratings

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Diana Adams

President, CEO, and Director; Director, Ambac Assurance

Working at Ambac was a great experience.

  Former Frist Vice President in New York, NY

Pros: At Ambac you worked with top quality people in a friendly environoment. Full Review

More Ambac Ratings & Reviews ( 12)

Salaries in USD  United States Avg. Salary

Vice President

5 Ambac Salaries


First Vice President

4 Ambac Salaries


Financial Engineering Associate

4 Ambac Salaries


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Accepted Offer – Interviewed in New York, NY – Reviewed Sep 7, 2013

Interview Details – one initial phone interview with recruiter, phone interview with HR, interview with HR, interview with hiring managerFull Interview

Interview Question:
Where do you see yourself in 5 years Answer Question

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Ambac Awards & Accolades

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