What are the responsibilities and job description for the Production Underwriter position at Key Risk (a Berkley Company)?
Company Details
With over 35 years of proven expertise in the workers' compensation industry, Key Risk delivers innovative and responsive solutions that provide our clients the freedom to do what they do best. Offering guaranteed cost options to employers nationwide, Key Risk focuses on delivering products and services within specialized verticals to reduce workers' compensation exposures and deliver industry-leading results.
All products and services are distributed through appointed insurance agents and brokers. Key Risk is a member company of W. R. Berkley Corporation, whose insurance company subsidiaries are rated A (Superior), Financial Size Category XV by A.M. Best Company and A (Strong), by S&P.
For further information about Key Risk please visit www.KeyRisk.com
Responsibilities
The company is an equal opportunity employer.
Key Risk is looking for an enthusiastic and experienced Production Underwriter with established relationships to join our team. T he successful candidate will be responsible for contributing to the achievement of the team’s profit plan through proper risk selection, agency management, and communication of Key Risk’s value proposition.
Key functions include but are not limited to the following:
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.
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
With over 35 years of proven expertise in the workers' compensation industry, Key Risk delivers innovative and responsive solutions that provide our clients the freedom to do what they do best. Offering guaranteed cost options to employers nationwide, Key Risk focuses on delivering products and services within specialized verticals to reduce workers' compensation exposures and deliver industry-leading results.
All products and services are distributed through appointed insurance agents and brokers. Key Risk is a member company of W. R. Berkley Corporation, whose insurance company subsidiaries are rated A (Superior), Financial Size Category XV by A.M. Best Company and A (Strong), by S&P.
For further information about Key Risk please visit www.KeyRisk.com
Responsibilities
The company is an equal opportunity employer.
Key Risk is looking for an enthusiastic and experienced Production Underwriter with established relationships to join our team. T he successful candidate will be responsible for contributing to the achievement of the team’s profit plan through proper risk selection, agency management, and communication of Key Risk’s value proposition.
Key functions include but are not limited to the following:
- Underwrite accounts over $25,000 within established underwriting authority
- Manage a book of business totaling a minimum of $10,000,000
- Develops and maintains relationships with 10-20 retail agencies or wholesalers
- Responsible for a moderate number of agencies including President’s Club producers
- Achieves/exceeds planned accident year loss ratio, rate change, renewal retention and new business goals
- Takes initiative to recommend potential improvements in underwriting principles, techniques or appetite
- Complies with insurance filings and regulatory requirements
- Researches new market niches, serves as an industry lead, and participates in special projects
- Establishes a knowledge base of agency needs, staff, target markets, and contracted insurers
- Performs agency evaluations and establishes agency goals within required time frames and expectations
- Participates effectively in new and renewal team sales activities and client meetings to obtain and retain profitable business
- BA/BS Degree
- CPCU, CIC, or AU designation preferred
- 3 years of workers compensation underwriting and/or sales experience with the full array of industrial classes, deductibles and dividend plans.
- Understands loss development and can objectively assess workplace hazards, hazard controls and employer financials
- Self-motivated and results oriented
- Strong book management skills with the ability to work independently and as a team member
- Capable of working with internal and external teams and partners
- Superior customer service skills
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.
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 : $25,000