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Berkshire Hathaway Specialty Insurance
Boston, MA | Full Time
$129k-164k (estimate)
2 Weeks Ago
Small Business Underwriting Leader
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$129k-164k (estimate)
Full Time 2 Weeks Ago
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Berkshire Hathaway Specialty Insurance is Hiring a Small Business Underwriting Leader Near Boston, MA

Job Description

Job Description

Who are we?
A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty, and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.

We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized. Want to be part of the team building the finest property, casualty, and specialty lines insurance company in the world?

Learn more about our unique culture and history.

Job Opportunity:

Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for an Underwriting Leader to join and help build our Excess & Surplus Lines Small Business platform. This new position will be based in Boston and ideal for an experienced Small Business Underwriting Manager with a minimum of 10 years of property, casualty, and professional lines underwriting experience, preferably in a surplus lines environment. This position would report to the Head of Excess & Surplus Lines Small Business. We seek an individual who understands the inner workings of a profit & loss statement (P&L) and has strong portfolio management skills and deep external broker relationships.

Duties & Responsibilities:

  • Support the development and build-out of the Excess & Surplus Lines Small Business book of business.
  • Collaborate with the team to set the business strategy contemplating desired industry sectors and lines of business.
  • Assist with product development, underwriting appetite, guidelines, and policy forms.
  • Identify and develop new business pipelines and manage renewal retention to meet and exceed financial plans.
  • Proactively interact and maintain relationships with intermediaries.
  • Actively manage the evaluation, selection, and pricing of small business accounts.
  • Work with the actuarial team to construct tools used for the assessment of new opportunities and the monitoring of the portfolio.
  • Collaborate with the claims and legal teams to evaluate and build coverage forms.
  • Create, evaluate, and interpret data from various reports and adjust the portfolio accordingly.
  • Be a positive reflection on the company by demonstrating integrity and leadership in the marketplace.

Qualifications, Skills, and Experience:

  • 10 years of prior Small Business insurance experience with an insurance carrier or insurance broking firm.
  • Technical underwriting skill set with expertise in property, casualty, and professional lines.
  • Experience and understanding of policy forms.
  • Strong verbal and written communication skills.
  • Excellent analytical and organizational skills.
  • Advanced Excel skills, including familiarity with Lookup and PivotTable functions.

BHSI Offers:

  • A competitive package and exciting growth opportunities for career-oriented teammates.
  • A dynamic, action-oriented, thoughtful, and collaborative environment centered on always doing the right thing for our customers, teammates, and our other stakeholders.
  • A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.

NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization

Job Summary

JOB TYPE

Full Time

SALARY

$129k-164k (estimate)

POST DATE

05/03/2024

EXPIRATION DATE

05/20/2024

WEBSITE

bhspecialty.com

HEADQUARTERS

MANHATTAN, NY

SIZE

1,000 - 3,000

FOUNDED

2016

CEO

THERESA BIEDERMANN

REVENUE

<$5M

INDUSTRY

Banking

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