What are the responsibilities and job description for the E&S Underwriting Manager position at Berkley?
Company Details
Carolina Casualty is a member company of W. R. Berkley Corporation, an insurance holding company that is among the largest commercial lines insurance writers in the United States. We specialize in liability, physical damage, cargo and other insurance solutions for the commercial auto markets including trucking, public transportation and others.
We maintain some of the lowest claim adjuster pending claim counts in the industry. Our adjusters are part of a culture that emphasizes inclusion, collaboration, innovation, and team. Our culture is one where your work is recognized and appreciated. If you want to contribute to an organization where you matter and where you can make a difference, then search no further.
The company is an equal opportunity employer.
Responsibilities
The E&S Underwriting Manager will be responsible for building and overseeing the E&S primary auto department. This role will be responsible for Portfolio Strategy & Execution, Risk Selection and Pricing, Portfolio Stewardship and Product Management. This is a critical role which requires oversight of strategic underwriting practices nationally. This leader will utilize their expertise to create, manage, design and drive diverse multidimensional strategies for our E&S book of business. We require strong leadership skills that will cultivate portfolio insights, develop strategy, and deliver a collaborative value chain with our Agents and customers.
Key Functions will include but not be limited to:
- Collaborate with actuarial team to develop pricing model and optimize portfolio through risk selection and pricing strategy to maximize profitability
- Develop, implement and monitor underwriting guidelines, rates, forms, pricing, endorsements and procedures
- Develop, implement and manage strategic underwriting for specific lines of E&S
- Provide business forecasting related to trends and profitability
- Thoughtfully establish group strategy, appetite and marketing plans
- Lead pro-active discussions with reinsurers, verifying the appropriate use of reinsurance used by specific lines of business, including various treaty and facultative reinsurance.
- Conduct regular visits with general agents, brokers and program managers to understand business needs, reinforce objectives, drive business results and identify new business opportunities.
- Monitor results, collaborate with actuarial team and optimize portfolio through risk selection and pricing strategy to maximize profitability
- Eventually will be responsible for the planning and management of building out the E&S team including: hiring, placement, training, performance management, salary planning and administration and budgeting.
Qualifications
- Bachelor’s Degree
- CPCU Designation Preferred
- 8 years of E&S experience with primary casualty underwriting and/or management
- Prior commercial insurance business startup experience a plus
- Expert understanding of casualty insurance market and trends, competitor landscape and legal and regulatory environment
- Demonstrable experience setting strategy and monitoring production and profitability on a regional and/or national level
Additional Company Details
We do not accept any unsolicited resumes from external recruiting agencies or firms. 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