Berkley

Reserve Underwriter

Berkley$100K — $180K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience
  • Minimum 5 years of underwriting experience in high-net-worth personal lines
  • Deep technical underwriting expertise for large accounts
  • Empathy for insureds and agents, prioritizing customer service
  • Exceptional verbal and written communication skills
  • Curiosity for innovation and improvement
  • Analytical mindset for detailed underwriting solutions
  • Flexibility to travel and work various hours

Responsibilities

  • Underwrite large account new business and renewals with sound judgment
  • Collaborate with risk management to enhance quality of risk assessments
  • Identify opportunities for innovation in underwriting practices
  • Maintain strong relationships with agents and act as a trusted advisor
  • Educate agents on risk appetite and selection criteria
  • Utilize technology to monitor portfolio quality and inform decisions
  • Collaborate with distribution and marketing to drive business growth

Benefits

  • Competitive compensation
  • Paid time off
  • Comprehensive wellness benefits and programs
  • Employer funded health savings account
  • Profit sharing and 401(k)
  • Paid parental leave
  • Employee stock purchase plan
  • Tuition assistance and professional continuing education
Full Job Description
Responsibilities

The Ultra High Net Worth Underwriter at Berkley One plays a pivotal role in evaluating and underwriting large account risks, with a strong emphasis on profitable growth and relationship management. This position involves significant decision-making authority and collaboration across multiple teams to ensure high-quality underwriting outcomes.

This role will be based in one of our offices:
  • Morristown, NJ #familyoffice #premierUW #HNW #
  • Phoenix, AZ
  • Chicago, IL

We offer a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.

What you can expect:
  • Culture of innovation, teamwork, supportive colleagues and leaders willing to invest in talent
  • Internal mobility opportunities
  • Visibility to senior leaders and partnership with cross functional teams
  • Opportunity to impact change
  • Benefits - competitive compensation, paid time off, comprehensive wellness benefits and programs, employer funded health savings account, profit sharing, 401k, paid parental leave, employee stock purchase plan, tuition assistance and professional continuing education

We'll count on you for:
  • Underwriting: Focus on underwriting large account new business daily and mining the renewal portfolio, leveraging expertise and sound judgment to select and price risks that align with Berkley One's profitability goals.
  • Risk Management Collaboration: Partner with risk management to assess exposures and recommend solutions that enhance the overall quality of the risk.
  • Innovation and Process Improvement: Contribute to continuous improvement by identifying opportunities for innovation in underwriting practices and organizational priorities.
  • Agent Relationship Management: Build and maintain strong relationships with a designated group of agents. Act as a trusted advisor by understanding their needs, coaching on solutions, and fostering loyalty to the Berkley One brand.
  • Appetite Consultation: Educate agents on Berkley One's risk appetite and guide them in applying this knowledge to appropriate risk selection.
  • Technology Utilization: Use advanced underwriting tools and analytics to monitor portfolio quality and inform individual underwriting decisions.
  • Cross-Functional Collaboration: Work closely with Distribution and Marketing teams to co-develop strategies that drive business growth and enhance market presence.
  • Other work as assigned


Qualifications

What you'll bring:
  • Bachelor's degree (BA or BS) or equivalent professional experience
  • Industry Experience: Minimum 5 years of underwriting experience in high-net-worth personal lines.
  • Underwriting Expertise: You have deep technical underwriting competency and love to work on large accounts.
  • Customer-Centric Mindset: Deep empathy for both insureds and agents, with a passion for delivering an exceptional brand experience and advocating for customer needs.
  • Strong Communicator: Exceptional verbal and written communication skills, with the ability to adapt your style to suit different audiences and situations.
  • Curious and Innovative: Naturally inquisitive, always seeking to understand how things work and how they can be improved.
  • Analytical Thinker: Enjoys diving into account details to craft underwriting solutions that align with guidelines, profitability goals, and client needs.
  • Flexible and Mobile: Willingness to travel as needed, including overnight trips, and to work flexible hours to support clients across time zones.
  • Tech-Savvy: Demonstrates exceptional proficiency with technology and underwriting tools.

What makes you stand out:
  • Composed and Organized: Maintains calm under pressure, demonstrates integrity, and follows through on commitments with precision and professionalism.
  • Collaborative Challenger: Comfortable questioning the status quo while working effectively with colleagues across all levels of the organization.
  • Accountable and Engaged: Brings a strong sense of ownership, a spirit of adventure, and a positive, team-oriented attitude.
  • Service-Oriented: Known for responsiveness and a "find a way to yes" approach, while maintaining strong relationships-even when saying no.


Additional Company Details

We 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 which for this role include:
• Base Salary Range: $100,000 - $180,000
• Eligible to participate in annual discretionary bonus.
• Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.

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

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
Industry

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