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Underwriter

Berkley

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.