Berkley

Executive Middle Market Underwriter

Berkley$95K — $115K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of experience in commercial lines underwriting including CGL, Property, Auto, and more.
  • CPCU designation or equivalent preferred.
  • Strong organizational skills with ability to manage multiple priorities.
  • In-depth knowledge of commercial lines products and state-specific regulations.
  • Proven negotiation, analytical, and problem-solving skills.
  • Proficient in using various underwriting software and systems.
  • Capability to manage a complex workload with sound judgment.
  • Excellent written and verbal communication abilities.
  • Strong relationship-building and teamwork skills.

Responsibilities

  • Evaluate and manage risk acceptability and profitability for commercial risks under company guidelines.
  • Analyze commercial lines accounts to make informed underwriting decisions based on risk characteristics and exposure.
  • Price business in accordance with company guidelines and assist junior underwriters with complex accounts.
  • Collaborate with Territory Managers to foster relationships with agents and address underwriting issues.
  • Participate in agency planning and identify sales and marketing opportunities for improvement.
  • Travel to agent locations to build and maintain agency partnerships.
  • Train and educate agency staff on company products and underwriting philosophies.
  • Serve as a technical resource and mentor for other underwriters.

Benefits

  • Comprehensive benefits package for full-time regular employees.
  • Opportunities for professional development through industry workshops and meetings.
  • Supportive and collaborative work environment fostering teamwork.
Full Job Description
Responsibilities

Within delegated authority levels, evaluate (selection and pricing) and maintain (control) risk acceptability and profitability within the company’s underwriting guidelines and procedures for commercial risks. Partners with agents to manage a challenging and/or complex book of commercial business or agency relationships. Demonstrates complex decision-making with little or no supervision, recommending quality exceptions where appropriate to maximize profitability and meet business plans. Supports marketing activities to agents and actively participates in the agency management process. Serves as a mentor providing technical support, training, and problem solving for other underwriters. Responsible for working with and protecting confidential and proprietary customer and Company information.

 

Key functions include but are not limited to the following:

 

  • Analyzes commercial lines accounts to make decisions based on individual risk characteristics, exposure analysis, hazard recognition and control. Utilizes underwriting guidelines to ensure compliance with state regulations.  Within delegated authority levels, accepts, rejects or modifies new and/or renewal business to ensure a profitable book of business.  
  • Prices business according to Company underwriting and pricing guidelines. Assists less experienced underwriters in the handling of high hazard or more complex accounts.  Ability to use creativity and underwriting knowledge to write risks and retain business.
  • Partners with Territory Managers to support marketing activities by developing ongoing relationships with agents to discuss market appetite, quality and profitability of submissions, service standards, and underwriting and/or product changes. Communicates with agents on underwriting issues including decisions on cancellations, declinations, exposure concerns, and survey results.
  • Partners with Territory Managers to identify issues or patterns and works to resolve or improve them; participates in agency planning and review processes; and may identify sales and marketing opportunities. Takes a lead role relative to Key Account review and recommendations.
  • Travels, with or without Territory Manager, to assigned agent locations to develop agency partnerships.
  • Trains and educates agency staff on Company products, services, processes, and underwriting philosophy.
  • Assists in training and serves as a technical resource to other underwriters as needed.
  • Attend industry workshops/meetings each year.
  • Performs other duties as assigned.
  •  

    Qualifications
    • Minimum of 10 years commercial lines underwriting experience, including but not limited to CGL, Property, Packages, BOP, Auto, Crime, IM, Umbrella and/or WC. 
    • CPCU Designation or other equivalent coursework preferred.
    • Good organizational skills, ability to handle multiple tasks and effectively prioritize.
    • Comprehensive knowledge of commercial lines products and contract knowledge including regulatory and policy differences among applicable states.
    • Demonstrated depth in negotiation, analytical and problem solving skills.
    • Strong computer skills and ability to work with multi-faceted systems.
    • Ability to effectively and independently manage complex workload while exhibiting very sound judgment.
    • Excellent written and verbal communication skills.
    • Demonstrated ability to develop and maintain relationships with agents and other departments and must also exemplify superior teamwork.
    Additional Company DetailsWe 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 DetailsSponsorship not Offered for this Role

    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.

    Stay Connected with Berkley Careers

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    Join Berkley

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    SEARCH BERKLEY JOBS

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    Learn more about Berkley
    Size
    51 employees
    Industry

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