Underwriter

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

As an Underwriter, you will seek profitable growth of the company’s portfolio of specialty accident business by analyzing and selecting risks based on qualified underwriting criteria that adhere to the company’s established underwriting guidelines. You will work closely with more seasoned underwriting staff to develop more advanced underwriting acumen over time. You'll also have an opportunity to gain a more thorough understanding of the Company’s compliance, actuarial, claims and distribution departments, all of which will advance your  experience and judgement levels.   

 

We'll trust you to manage your workload with a sense of urgency around quote deadlines and production targets. To be successful, you'll collaborate with underwriting management to review more complex cases requiring a higher degree of underwriting authority. 

 

What you can expect:

• Culture of innovation, teamwork, supportive colleagues and leaders willing to invest in talent
• Internal mobility opportunities 
• Visibility to senior leaders and partnership with cross functional teams
• Opportunity to impact change
• Benefits – competitive compensation, paid time off, comprehensive wellness benefits and programs, employer funded health savings account, profit sharing, 401k, paid parental leave, employee stock purchase plan, tuition assistance and professional continuing education

We'll count on you to:

• Write and retain profitable accident cases adhering to the company’s guidelines and within assigned letter of authority.
• Be accountable for the Special Risk underwriting results for a region, including account retention, underwriting margin and book profitability targets
• Exhibit and maintain high standards for underwriting including risk selection, pricing performance, and account documentation.
• Ensure compliance with underwriting best practices and guidelines, ensuring they are implemented appropriately and consistently across the book of business
• Partner with Director of Business Development to:
• Establish and meet sales and underwriting goals
• Manage workflow between underwriting and distribution to meet service level expectations, market expectations and brand promise
• Deliver best-in-market service to our distribution partners without sacrificing profitability
• Provide insight into continued development of automated and integrated underwriting administrative platform
• Partner with operations/systems to develop and implement process and service improvement plans
• Develop knowledge of and comfort with the full suite of A&H products, able to represent them all in your marketplace
• Work on special projects as assigned

Qualifications

• Bachelors degree
• Minimum 2 – 5 years of experience as an underwriter, underwriting assistant or underwriting admin. 
• Knowledge of participant accident and corporate accident products is preferred but not required.
• An understanding of the needs of our customers, both insureds and their agents alike. You will be an excellent, pro-active advocate for Berkley A&H customers and are passionate about their brand experience
• Exceptional oral and written communication skills. Your communication style is flexible to the situation. You communicate clearly and with a purpose.
• Calm under pressure. You have excellent organizational skills, integrity, and great follow-through on tasks. You are comfortable challenging norms while working collaboratively with colleagues at all levels of the organization.
• A strong customer service bias. You are known for your super responsiveness. You can say no and preserve your relationships, but you want to get to yes.
• An analytical mind. You love to dive into the details of an account in order to craft pricing and coverage that meet underwriting guidelines, profitability models and customer needs.
• Proficiency with the Microsoft suite of products.  Experience with policy management and underwriting systems a plus.
• Must exhibit professional behavior at all times while representing or being identified as an employee of the company
• Establish and maintain positive working relationships with all operational areas, management and staff to further the company’s mission
• Strong consulting and interpersonal skills with an ability to interact with brokers, clients and service vendors.

Additional Company Details

We do not accept any unsolicited resumes from external recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role include: • Base Salary Range: $59,000 - $109,000 • Eligible to participate in annual discretionary bonus. • Benefits: Health, Dental, Vision, 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.

Sponsorship Details

Sponsorship not Offered for this Role

Salary : $59,000 - $109,000