Sr. Underwriter

Company Details

 

Berkley Accident and Health is a risk management company that designs innovative solutions to address the unique challenges of each client. With our entrepreneurial culture and strong emphasis on analytics, we can help employers better manage their risk. We offer a broad range of products, including employer stop loss, benefit captives, provider stop loss, HMO reinsurance, and specialty accident. The key to Berkley’s success is our nimble approach to risk – our ability to quickly understand, think through, and devise a plan that addresses each client’s challenges, coupled with the strong backing of a Fortune 500 company. Our parent company, W. R. Berkley Corporation, is one of the largest and best managed property/casualty insurers in the United States.

#LI-AV1  #LI-Remote

This position can either be fully remote (if not within commutable distance to the office) or based in one of our offices:

• Hamilton Square, NJ
• Atlanta, GA
• Kulpsville, PA
• Midtown NYC (47th & 3rd)

Our offices offer a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.

 

The company is an equal employment opportunity employer.

Responsibilities

As a Senior Underwriter, you will seek profitable growth of the company’s portfolio of specialty accident business by analyzing and selecting risks based on qualified underwriting criteria that adhere to the company’s established underwriting guidelines. The Underwriter will work closely with more seasoned underwriting staff to develop more advanced underwriting acumen over time. You'll also gain a more thorough understanding of the Company’s compliance, actuarial, claims and distribution departments, all of which will advance your experience and judgement level as an Underwriter.  

 

This role will report to the AVP, Underwriting - Specialty Acccident.  We'll trust you to manage your workload with a sense of urgency around quote deadlines and production targets.   This role will require proactive collaboration with underwriting management to review more complex cases requiring a higher degree of underwriting authority. 

 

What you can expect:

• Culture of innovation, teamwork, supportive colleagues and leaders willing to invest in talent
• Internal mobility opportunities 
• Visibility to senior leaders and partnership with cross functional teams
• Opportunity to impact change
• Benefits – competitive compensation, paid time off, comprehensive wellness benefits and programs, employer funded health savings account, profit sharing, 401k, paid parental leave, employee stock purchase plan, tuition assistance and professional continuing education

We'll count on you to:

• Write and retain profitable accident cases adhering to the company’s guidelines and within assigned letter of authority.
• Be accountable for the Special Risk underwriting results for a region, including account retention, underwriting margin and book profitability targets
• Exhibit and maintain high standards for underwriting including risk selection, pricing performance, and account documentation.
• Ensure compliance with underwriting best practices and guidelines, ensuring they are implemented appropriately and consistently across the book of business
• Partner with Director of Business Development to:
• Establish and meet sales and underwriting goals
• Manage workflow between underwriting and distribution to meet service level expectations, market expectations and brand promise
• Deliver best-in-market service to our distribution partners without sacrificing profitability
• Provide insight into continued development of automated and integrated underwriting administrative platform
• Partner with operations/systems to develop and implement process and service improvement plans
• Develop knowledge of and comfort with the full suite of A&H products, able to represent them all in your marketplace
• Work on special projects as assigned

Qualifications

• Minimum 2 – 5 years of experience as an Underwriter
• Knowledge of Participant Accident and Corporate Accident (BTA) products are required.
• Knowledge of K-12 and or Inter collegiate sports products are preferred but not required.
• An understanding of the needs of our customers, both insureds and their agents alike. You will be an excellent,