Berkley

AVP, Technology E&O Underwriter

Berkley$160K — $190K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Four-year college degree or equivalent experience
  • 5+ years of experience in commercial underwriting
  • Knowledge of commercial lines underwriting standards and practices
  • Demonstrated negotiation, marketing, and sales skills
  • Strong customer service and relationship management abilities
  • Excellent analytical, decision-making, and presentation skills
  • Ability to perform independently and collaboratively in a team environment

Responsibilities

  • Manage and grow the assigned book of business focusing on Technology Middle Market insurance customers
  • Analyze customer business information and claims history for appropriate policy adjustments
  • Evaluate individual risk acceptability along with coverage terms and pricing to meet profit objectives
  • Develop and maintain productive relationships with agents/brokers
  • Document underwriting files to support coverage decisions and pricing analyses
  • Lead business initiatives within the territory including pricing execution and account stewardship
  • Provide guidance and mentorship to underwriting support staff

Benefits

  • Opportunity for professional development
  • Mentorship and coaching provided
  • Dynamic work environment with regional oversight
  • Collaboration with a talented team
  • Involvement in shaping business initiatives and strategies
Full Job Description
Responsibilities

As an AVP, Technology E&O Underwriter, you’ll be responsible for the management and growth of an assigned book of business as well as the acquisition of new business with a focus on Technology Middle Market insurance customers.  We will rely on you to analyze customers’ business information and claims history, monitor clients’ activities to change the policies as risks evolve.  You’ll evaluate acceptability of individual risks and determine overall acceptability of risk, coverage terms and pricing to achieve company profit objectives.  You’ll work with agents/brokers to develop productive and profitable relationships while also ensuring compliance with company underwriting guidelines and insurance regulators.  You’ll utilize your sales, marketing and negotiating skills to grow the book and enhance your producer relationships.

 

  • Experience underwriting professional with strong property and casualty underwriting skills.
  • Manage growth, profit and loss for assigned region.
  • Manage agency/producer relationships for assigned region.
  • Handle new and renewal submissions and endorsement requests from agents/ producers.
  • Document underwriting files to support analysis, coverage terms and pricing.
  • Operate in accordance with underwriting authority as delegated by manager.
  • In conjunction with management, lead business initiatives for territory including execution of pricing, premium retention, coverage analysis, loss control needs, claim service needs and account stewardship.
  • Provides clear instruction and guidance to underwriting support staff and operations staff.
  • Apply your sales and marketing skills and strategies to meet financial goals.
  • Follow established pricing, underwriting and documentation protocol as set forth by underwriting management.
  • Mentor & coach underwriters and underwriting support staff

 

May perform other functions as assigned

Qualifications

Education

 

Four-year college degree or equivalent experience

 

Qualifications

 

  • 5+ years of experience in commercial underwriting
  • Knowledge of commercial lines underwriting standards and practices along with rating/pricing methods
  • Travel:  Travel 25% - overnight travel required

  • Knowledge of interpreting coverage forms
  • Negotiation skills
  • Experience selling and/or marketing insurance products & services
  • Producer management – driving results and managing agency/producer relationships
  • Strong customer service skills
  • Strong oral and written communication skills
  • Strong analytical and decision-making skills
  • Ability to work independently as well as in a team environment
  • Strong interpersonal skills
  • Presentation skills
  • Excellent PC skills and a working knowledge of Windows environment a valid driver’s license and carry vehicle insurance coverage.

About Berkley

Berkley is a packaging company that develops innovative solutions to help our customers sell more product and be on the edge. Berkley offers the cost advantages and creative control of an in house/on site agency without the risk and hassle of oversight. Berkley develops turnkey retail environments – including design, manufacturing and installation services.

Berkley Careers

Joining Berkley presents a prime opportunity to be part of a team renowned for its leadership in the industry, fostering innovation and growth. Berkley, a company committed to professional excellence and diversity, offers a range of job opportunities that cater to various skills and career aspirations.

Explore Job Opportunities

Berkley is actively hiring, seeking individuals who are passionate, driven, and ready to contribute to a dynamic team environment. With a variety of positions available, Berkley provides a platform for professionals at every stage of their career, from entry-level to senior leadership roles.

Internship Programs

Kickstart a career with Berkley through comprehensive internship programs designed to provide hands-on experience in a real-world setting. Internships at Berkley are a gateway to full-time employment, offering invaluable industry exposure and networking opportunities.

Professional Growth and Development

Berkley is dedicated to the continuous professional development of its team members. The company supports career advancement through leadership training programs, workshops, and seminars that enhance skills and foster innovation.

Diversity and Inclusion

At Berkley, diversity is celebrated and actively promoted through various initiatives and diversity training programs. The company believes that a diverse workforce is key to driving creativity and innovation.

Benefits and Culture

Employees at Berkley enjoy a range of benefits designed to support their professional and personal lives. The company culture emphasizes teamwork, respect, and integrity, creating an environment where everyone can thrive.

Applying for a Position

To apply for a position at Berkley, candidates are encouraged to submit a resume that highlights relevant experience and skills. The interview process is designed to assess not only professional qualifications but also a candidate's fit with Berkley's culture and values.

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Learn more about Berkley
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51 employees
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