Berkley

Senior Underwriter

Berkley$95K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • BA/BS degree preferred
  • 4+ years of experience in Commercial Property & Casualty underwriting, or 2+ years for an Underwriter level
  • Proven ability to forge and sustain productive relationships
  • Strong communication skills with a focus on solution-oriented listening
  • Collaborative mindset with the ability to influence others
  • Analytical thinker capable of problem-solving and making recommendations
  • Self-motivated, resilient, and entrepreneurial in spirit
  • Goal-oriented with a proven track record of delivering results
  • Proficiency in Microsoft Office, especially Word and Excel
  • Familiarity with online underwriting tools is preferred
  • Completion of advanced insurance coursework (CPCU or AU) is a plus

Responsibilities

  • Builds and nurtures relationships with agents to optimize opportunities for growth
  • Drives new business and retention of renewal premiums while meeting rate change targets
  • Evaluates risk acceptability for new and renewal accounts within underwriting authority
  • Uses underwriting tools to assess risk characteristics and set property limits appropriately
  • Conducts inspections to verify that written accounts align with underwriting criteria
  • Identifies the need for facultative reinsurance and incorporates costs into pricing structure
  • Documents underwriting findings and adheres to established workflow for reporting

Benefits

  • Health, Dental, and Vision Insurance
  • Life and Disability Insurance
  • Wellness programs
  • Paid Time Off policies
  • 401(k) plan
  • Profit-Sharing opportunities
Full Job Description
Responsibilities

he Senior Underwriter builds dynamic relationships, maintains a strong distribution channel, drives written premium growth, and maximizes renewal retention while delivering a high degree of customer satisfaction within our footprint of Independent Agencies.

Key functions will include but are not limited to:
  • Strengthens relationships and educates agents within agency plans to maximize opportunities and achieve profitable growth.
  • Achieves new business premium, renewal premium retention and rate change objectives
  • Within company guidelines and granted underwriting authority, evaluates new and renewal information to determines risk acceptability terms/conditions to be quoted, and priced.
  • Utilizes various underwriting tools to: determine acceptable risk characteristics; determine accurate exposure classifications; set adequate property limits to accomplish appropriate insurance to value and review and quote business for assigned agents
  • Orders and reviews inspections to confirm accounts written are consistent with preliminary underwriting information and act when the inspection reveals unacceptable risk characteristics.
  • Determines if facultative reinsurance is needed and if so, factors reinsurance cost in gross pricing, completes cession procedures; documents file and follows established workflow procedure to ensure proper reporting / accounting.


Qualifications

  • BA/BS degree preferred
  • 4+ years of experience working as an Underwriter in Commercial Property & Casualty. May consider 2+ years' experience for an Underwriter level.
  • Demonstrated success in developing and maintaining positive relationships.
  • Excellent communication skills, including listening for solutions.
  • Demonstrates a willingness to collaborate with colleagues and present in a way that influences others.,
  • An ability to think analytically about business problems, make recommendations and propose solutions.
  • High energy self-starter, who is resilient and has an entrepreneurial spirit.
  • Ability to sell and influence others.
  • Goal-oriented achiever who delivers results.
  • Basic knowledge of computer program in a windows environment, including Word, Excel and Email is mandatory.
  • Prior experience working with on-line underwriting tools is preferred (e.g. Silver Plume, and Reference Connect).
  • Advanced professional insurance coursework (i.e. CPCU or AU) or completion of other insurance related classes is preferred.


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: $95,000 - $120,000
• 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
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