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Executive Underwriter
$91k-121k (estimate)
Full Time Just Posted
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Berkley Public Entity (a Berkley Company) is Hiring an Executive Underwriter Near Ewing, NJ

Company DetailsBerkley Public Entity (BPE) was founded in 2012 as a member company of W.R. Berkley Corporation. BPE is a growing, dynamic company with the vision of being the preeminent carrier in our marketplace. As our name implies, BPE is 100% focused on providing innovative insurance and reinsurance solutions to public entities.
The company is an equal opportunity employer.
ResponsibilitiesWe have an opportunity for an Executive/Senior Underwriter (based upon experience) to join our Berkley Public Entity team! You will manage existing broker and client relationships and develop new relationships, resulting in premium generation. You will also work closely with our Actuarial, Claims, and Underwriting teams to understand and achieve profitability targets.
This role can be based in any of our following office locations: Morristown, NJ; Ewing, NJ, or Boston, MA
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 new and renewal submissions for completeness and address any discrepancies with the broker
  • Serves as subject matter expert
  • Organize and aggregate loss and exposure information and input into pricing models
  • Analyze and interpret risk data and complete an underwriting workbook for each eligible risk
  • Work with actuarial to understand the key components of the pricing models
  • Establish and maintain broker relationships though superior levels of service and direct broker engagement
  • Manage referrals within guidelines
  • Attend industry client centric events
  • Assist with the development of new products, services, process improvements, and marketing initiatives
  • Identify and report operational risks and areas in need of improvement
  • Independently make sales calls to brokers and clients, and when necessary, coordinate with Executive, Underwriting, and Claims
  • Potential opportunity to lead and manage staff
  • Manage ad hoc projects as required
Qualifications
  • Bachelor's Degree; c oursework toward applicable designation (including but not limited to CPCU, RPLU, etc.) desired
  • 8-10 years’ experience including public entity underwriting
  • Aptitude for complex risk analysis, underwriting and risk financing
  • Experience with insurance and reinsurance; Commercial insurance experience
  • Technical knowledge of professional/casualty lines of coverage
  • Motivated to achieve financial and operational goals
  • Excellent analytical, quantitative, financial and critical thinking skills
  • Ability to engage personally with brokers and clients in order to fully articulate the organization’s value proposition
  • Self-directed showing personal accountability and proactive approach to job responsibilities
  • Collaborative, team oriented, and customer focused with attention to detail
Additional Company DetailsWe do not accept unsolicited resumes from third party 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

Job Summary

JOB TYPE

Full Time

SALARY

$91k-121k (estimate)

POST DATE

06/04/2024

EXPIRATION DATE

07/07/2024

WEBSITE

berkleypublicentity.com

HEADQUARTERS

Trenton, NJ

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The following is the career advancement route for Executive Underwriter positions, which can be used as a reference in future career path planning. As an Executive Underwriter, it can be promoted into senior positions as a Health Underwriting Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Executive Underwriter. You can explore the career advancement for an Executive Underwriter below and select your interested title to get hiring information.