Underwriter
- West Hartford, United States
- Mid Level
- 5+ years
- Bachelor's degree
- Posted
Skills
Required
- underwriting
- D&O
- Cyber
- EPL
- Crime
- Fiduciary
- MPL
Preferred
- BMP
- quoting
- accurately assigns
- Company Details Berkley Management Protection offers a modular suite of management liability products through the Grove℠, their bespoke and easy to use platform tailored towards independent agents.
- Responsibilities The Underwriter/Sr.
- This role will also have significant influence as to the workflow and execution of a number of strategic initiatives. This role may be responsible for managing a team of underwriters.
About Berkley
Their Trellis Management Liability Portfolio℠ of coverages include directors and officers, employment practices, fiduciary, cyber, crime and miscellaneous professional liability.
Responsibilities
- Underwriter will manage all related underwriting tasks for new and renewal accounts required in assigned regions to promote written premium growth and favorable loss ratio results.
- The role will work closely with the TMs, AVPs, RVPs across assigned regions.
- The role is expected to have increased involvement in the management, development and training of junior underwriting staff and increased responsibility for the business results of BMP.
- Duties and responsibilities include but are not limited to: Responsible for new & renewal accounts which focuses on underwriting and pricing risks in accordance with BMP’s business rules and personal underwriting authority.
- Ownership of the lifecycle of the submission including quoting, filing all relevant documents, binding, issuing and obtaining signed and executed applications.
- Support consistent underwriting best practices, in accordance with underwriting guidelines, to ensure rating, pricing, profitability, and structuring adequacy.
- Responsible for assigning and managing the work of a team of underwriters.
- Assist underwriters in executing on strategic initiatives.
- Provide support and develop solutions to their issues/concerns (system, guidelines, training, reports, new project request, product amendments).
- Assist underwriters in collaborating with Territory Managers, AVPs and RVPs to target desirable accounts.
- Identify the need for and manage special underwriting projects as needed.
- Fully engage with agency personnel by providing superior customer service.
- In conjunction with TM’s, AVP’s and RVP’s will establish a workflow for renewals that will allow for “Insurance with Ease” for our agents.
- Work closely with the TM’s, AVPs and RVP’s to establish and implement a sales culture
- In collaboration with TM’s, AVP’s and RVP’s, creates the workflow that will establish the best user experience for the independent agent in the onboarding process.
- Ownership of the lifecycle of the submission including quoting, filing all relevant documents, binding, issuing and obtaining signed and executed applications.
- Manages the submission queue for all regions which requires a strong attention to detail.
- Enters submissions in the system and accurately assigns them to the correct underwriter as well as filing documents accordingly.
- Establish strong relationships with agents in driving mutually beneficial results through agency planning, production and growth.
- Monitor competitor’s offerings and emerging industry issues.
- Embrace relevant technology and actively improves skillset through formal and informal learning.
- Serves as a resource for new and innovative ideas to continually challenge the status quo.
- Other duties as assigned.
Requirements
- Bachelor’s Degree and minimum of 5-7 years of management liability underwriting or related experience at an insurance company or agency or equivalent combination of education and experience.
- Experience contributing on a high performing marketing/ sales team in a high growth, fast paced environment.
- Advanced product knowledge within the Management Liability suite of products (D&O, Cyber, EPL, Crime, Fiduciary, and MPL).
- Empathy and understanding of the needs of our independent agents.
- Will be an advocate for Berkley Management Protection customers and as such, will be passionate about their brand experience.
- An agile team player with strong written and verbal communication, negotiation and interpersonal skills.
- Demonstrated ability to self-organize, prioritize and request help when needed.
- Execution-oriented with attention to details driven by natural curiosity and competitive spirit.
- Sponsorship Details Sponsorship not Offered for this Role
Pay
The company offers a competitive compensation plan and robust benefits package for full time regular employees including: • Competitive Base Salary • Eligible to participate in annual discretionary bonus • Benefits include: Health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plans
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.
The Company is an equal employment opportunity employer. Additional Company Details We do not accept unsolicited resumes from third party recruiting agencies or firms.
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