Ambac Financial Group, Inc., headquartered in New York City, is a holding company whose subsidiaries, including its principal operating subsidiary, Ambac Assurance Corporation ("Ambac Assurance"), Everspan Financial Guarantee Corp., and Ambac Assurance UK Limited, provide financial guarantees to clients in both the public and private sectors globally. Ambac Assurance, including the Segregated Account of Ambac Assurance (in rehabilitation), is a guarantor of public finance and structured finance obligations. Ambac Financial Group, Inc. is also exploring opportunities involving the acquisition and/or development of new businesses. Ambac Financial Group Inc.'s common stock trades on the NASDAQ Global Select Market. For more information, please go to www.ambac.com

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Our People

Because our people create Ambac's success, we offer attractive compensation and competitive benefit packages. We seek out talented individuals with a diversity of backgrounds and skills, ready to contribute and take responsibility for their efforts. The passion for excellence and innovation that motivates the Ambac team ensures an exciting future for our company. Some of the benefits available to our employees include:

Savings Incentive Plan (401K)
Health Care: Medical, Dental and Prescription
Life Insurance
Accidental Death & Dismemberment
Long- and Short-term Disability
Tuition Reimbursement
Training and Development
Maternity Leave
Health Club Membership Discount

700

Career Opportunities

Ambac's professionals are highly motivated individuals seeking to achieve superior results. Relying on teamwork, our integrated business approach creates opportunities for meaningful collaboration among specialists within our organization. Broadly speaking, our professionals work in the following disciplines:

Risk Management

Legal

Investment Management

Financial Controls/Operations/Internal Audit

Treasury/Corporate Tax

Technology/Administration/Human Resources

If you are interested in career opportunities at Ambac, please send your resume to recruiting@ambac.com.

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Employee Development

Ambac's continued success requires bright minds and innovative thinkers. We encourage our people to continue their professional growth through training and development opportunities both inside and outside the company. Within Ambac, we continually offer instructor-led sessions on a diversified range of topics and issues integral to the various parts of our business as well as computer-based training opportunities. In addition, we partner with renowned external resources to provide continuing education opportunities. Our benefits package also includes a generous tuition reimbursement program for employees pursuing additional education relating to their Ambac responsibilities.

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EEO Statement

Ambac is an equal opportunity employer.  We are committed to providing an environment that is business-like and free of discrimination or harassment on the basis of race, color, national origin, religion, sex, age, disability, citizenship, marital status, sexual orientation, military status or any other characteristic protected by law.  Ambac prohibits and will not tolerate any discrimination or harassment.