Company Details
Berkley Financial Specialists, a member of W.R. Berkley Corporation, is dedicated to providing customized, comprehensive insurance solutions and outstanding customized personalized service to financial institutions. Our Berkley Crime division provides crime related insurance products to commercial organizations, financial institutions and governmental entities.
All products are underwritten on an admitted basis on behalf of W.R. Berkley Corporation member insurance companies, which carry A.M. Best and S&P A ratings and A.M. Best Financial Size Category XV.
https://www.berkleycrime.com/
Responsibilities
Berkley Crime is looking for a Senior Underwriter who will be assigned to a particular geographic territory or product category and will be expected to promote profitable written premium growth and favorable loss ratios in accordance with Berkley Financial Specialists and Berkley Crime Best Practices, Underwriting Guidelines, Line of Business risk appetite, and personal Underwriting Authority.
Key functions include but are not limited to:
- Evaluation, rating, and pricing of Renewal risks. Limited underwriting of New Business.
- Preparation of Declination correspondence to broker (when required).
- Completion/updating of data entry fields in BPMi Workflow Management System.
- Completion of Rating/Review Documents.
- Completion of necessary fields in BUS Underwriting System.
- Adherence to Berkley FinSecure and Berkley Crime Best Practices, Underwriting Guidelines, Line of Business risk appetite, and personal Underwriting Authority.
- Communication with and solicitation of additional information from brokers when needed.
- Evaluation of the performance of assigned agency/producer relationships to ensure company and agency goals are met.
- Communication of corporate goals, programs, and underwriting policies and procedures.
- Awareness and maintenance of personal production, hit ratios, renewal retention ratios, spread of risk, and other production and quality measures.
- Coordination of Loss Control services as needed.
- Act as a liaison with finance/accounting as needed.
- Management of special projects or program business as needed.
- Availability to aid in additional workflow processes when needed and subject to supervisor direction.
Qualifications
- Bachelor's Degree from a four-year college or university (preferred).
- Five or more years of insurance industry/related experience and/or training. Crime underwriting background preferred.
- Understanding of Berkley FinSecure and Berkley Crime Best Practices, Underwriting Guidelines and Line of Business risk appetite.
- Demonstrated ability to stay focused on a task through completion.
- Ability to make sound judgements based on both written and observed factors where only limited standardization exists.
- Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or government regulations.
- Ability to write reports and business correspondence.
- Ability to effectively present information and respond to questions from groups of managers, clients, customers and general public.
- Attention to detail.
- Functional understanding of all required systems and processes.
- Professional and effective communication skills.Ability to work both independently and in a team environment.
- Willingness to learn.Ability to multi-task.
- Ability to work in a fast-paced environment and respond quickly when necessary.
- Excellent time management skills.
- Ability to work well with support staff, lead and motivate direct reports (where applicable) and desire to aid in the development of others.Basic computer skills including Microsoft Word, Microsoft Excel, and other related programs.
- Strong basic mathematical skills and ability to work with mathematical concepts such as probability and statistical inference, fractions, percentages, ratios and proportions.
The Company is an equal employment opportunity employer.
Additional Company Details
We 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