Underwriting Supervisor oversees activities of the underwriting department. Provides supervision for a group of underwriters who review, analyze, and inspect insurance risk. Being an Underwriting Supervisor analyzes various rate plans utilizing a company's claims history to determine the appropriate rate plan and benefits costs. Must be familiar with regulations at the federal, state and local level. Additionally, Underwriting Supervisor typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Working team member that may validate or coordinate the work of others on a support team. Suggests improvements to process, is a knowledge resource for other team members. Has no authority for staff actions. Generally has a minimum of 2 years experience as an individual contributor. Thorough knowledge of the team processes. (Copyright 2024 Salary.com)
W. R. Berkley Corporation, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. WRBC's insurance company and subsidiaries are rated A (Superior), Financial Size Category XV by A.M. Best Company and A (Strong) by Standard & Poor’s. Berkley’s competitive advantage lies in its long-term strategy of decentralized operations. This structure provides each Berkley business the agility of a small business and the strength and resources of a Fortune 500 organization, as well as the financial accountability and incentives to attract and retain the highest-caliber professionals.
As an Underwriter Trainee, you will participate in a training program that will combine coursework and on-the- job training. Trainees will actively be learning about property & casualty products, underwriting philosophy, and strategies.
Trainees will spend time in other department team members to gain a more complete understanding of insurance operations. Trainees will begin to establish relationships and develop entry level sales and marketing skills.
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