Senior Underwriter - Management Liability New Business

Company Details

 

 

Berkley Select delivers liability insurance solutions to individuals, businesses, professional services firms, and nonprofit organizations. As a Berkley company, Berkley Select is staffed with a team of experts with a specific focus on Management Liability and Professional Liability. Berkley Select utilizes individual risk underwriting, loss control, and claims practices to provide superior products and services to its customers.

Berkley Select is a Berkley Company. W. R. Berkley, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. W. R. Berkley Corporation (NYSE: WRB).

 

Responsibilities

This role will evaluate (selection and pricing) and maintain (control) risk acceptability and profitability within the company’s underwriting guidelines and procedures for commercial risks with a focus on Management Liability. Manage and maintain good Wholesale Broker relationships. Meet and maintain the production, profitability, and service standards established for the company.

 

Responsibilities include:

 

• Adhere to underwriting authority level as per on file with Manager.
• Gather underwriting information to properly evaluate commercial risks for acceptability within company guidelines. Underwrite for profit.
• Meet/Exceed production, profitability, and service targets.
• Ability to research and solve more complicated problems and make decisions.
• Determine final coverages and pricing for commercial risks.
• Review claims and loss information on individual risks. Use this information to identify and re-evaluate accounts and develop strategy for dealing with exposures and frequency issues.
• As a team with the Manager, manage the portfolio profitability and identify favorable and unfavorable classes of business.
• Maintain quality and time standards as established.
• Be informed/knowledgeable of industry issues and activities through formal educational processes to develop underwriting skills.
• Identify and cultivate brokers with new business opportunities.
• Regular and predictable attendance.
• Other duties as assigned.

Qualifications

• Four (4) year college degree
• Must be able to conceptualize and analyze financials at a college level, as required by product line.
• Must be able to analyze management liability risk characteristics.
• Good written and oral communications skills, including the ability to compose various types of business correspondence.
• Must be able to manage multiple priorities, have good analytical skills and the ability to exercise independent judgment.
• Must be customer service oriented; a team player; willing to learn; organized; detail oriented and flexible.
• Working knowledge of PC’s and other software programs (including Microsoft Word and Excel).

Additional Company Details

We do not accept any unsolicited resumes from external recruiting firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes: Base Salary Range: $90,000 - $115,000. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. This role is eligible to participate in the annual discretionary bonus program. Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.

Sponsorship Details

Sponsorship not Offered for this Role