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Berkley
Hamilton, NJ | Other
$61k-78k (estimate)
1 Week Ago
Underwriter Associate 1
Berkley Hamilton, NJ
$61k-78k (estimate)
Other | Wholesale 1 Week Ago
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Berkley is Hiring an Underwriter Associate 1 Near Hamilton, NJ

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 a 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.

The company is an equal employment opportunity employer.

Responsibilities

We have an opportunity for an Underwriting Associate join our Berkley Accident and Health (BAH) team! This role will be based in our Hamilton, NJ office.

We have a welcoming culture valuing our employees – we trademarked the phrase Everything Counts, Everyone Matters® to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important and every accomplishment makes a difference in our results. Come join us!

Key functions include but are not limited to:

  • Review and verify the completeness and accuracy of RFP's inputted into our underwriting system
  • Initiate communication with external parties, including TPAs and brokers, to request any missing documentation or on declinations
  • Ensure folders on the shared network drive contain the entire RFP and that the documents are housed in the appropriate folders for each case
  • Input both the specific and aggregate claims experience in the underwriting system, paying close attention to any missing information or information that requires compilation from multiple sources
  • During claim experience input, initiate screening of potential claimants of concern to present to the Underwriter
  • Using guidance learned from training and mentorship, begin to formulate initial rating recommendations to Underwriter, utilizing the journal notes in the system
  • Participate in underwriting review discussions in order to learn how Underwriters draw conclusions and make final risk selections from data presented during the setup and initial review process

Qualifications

  • Bachelor’s degree or equivalent combination of education and experience
  • 1–2 years experience working in the insurance industry with direct experience assisting underwriters or some familiarity with claims data reports 
  • Input data into our underwriting system including benefits, reinsurance terms and census; use of Excel
  • A basic skillset in the areas of math and communication, with a strong desire to grow these skillsets under the direction and training of more seasoned staff and mentor
  • Strong time management skills and self-discipline to effectively manage a large case load volume during peak production cycles
  • Establish and maintain positive working relationships with all operational areas, management and staff to further the company’s mission

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. 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.

Sponsorship Details

Sponsorship not Offered for this Role

Job Summary

JOB TYPE

Other

INDUSTRY

Wholesale

SALARY

$61k-78k (estimate)

POST DATE

04/20/2024

EXPIRATION DATE

04/18/2025

WEBSITE

goberkley.com

HEADQUARTERS

BENTONVILLE, AR

SIZE

50 - 100

FOUNDED

2012

CEO

ERIC BERKLEY

REVENUE

<$5M

INDUSTRY

Wholesale

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About Berkley

Founded in late 2012 with an entrepreneurial family spirit, we have grown into an experienced, exciting and fast-moving company. We have evolved from Eric and Jeff strategizing and calling potential customers in a home office, into a strategic advisor helping our customers sell more product online and in store. Our teams deep knowledge of Amazon and Retail allow us to provide strategic and scalable solutions to help your business succeed. We also design and manufacture packaging and run our own warehouse logistics operations with a national footprint. We have fun bringing your brand into the h...ands of consumers. We have the experience and expertise; we know how to successfully navigate the e-Commerce and Retail eco-systems. More
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