Berkley

Senior Underwriter/Team Leader - Acadia Advantage

Berkley$95K — $115K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7-10 years in the insurance industry, ideally in Commercial Lines
  • Proven success in maintaining positive relationships
  • Strong written and verbal communication skills, with an emphasis on active listening
  • Ability to influence and collaborate effectively with colleagues
  • Analytical thinking and problem-solving capabilities
  • High-energy self-starter with an entrepreneurial mindset
  • Demonstrated sales and influencing skills
  • Goal-oriented with a focus on delivering results
  • Expertise in underwriting and pricing in Commercial Lines insurance
  • Leadership experience in staff development or management
  • Familiarity with workflow and process improvement strategies
  • Basic computer skills including Microsoft Office; online underwriting tools preferred
  • Advanced insurance coursework (CPCU or AU) preferred
  • Valid Driver’s License required.
  • Bachelor’s degree preferred

Responsibilities

  • Underwrite and price new and renewal accounts to drive premium growth
  • Evaluate policies for assigned agencies to ensure underwriting profitability
  • Develop and maintain agency relationships through regular contact and visits
  • Monitor agency performance and recommend management actions
  • Communicate corporate underwriting goals and policies to agents
  • Negotiate terms with assigned agents to optimize business relationships
  • Coordinate loss control and service processes to enhance customer experience

Benefits

  • Opportunities for professional development and continued education
  • Collaborative and supportive team environment
  • Access to industry-leading training resources
  • Potential for career advancement within the organization
  • Flexible work arrangements may be available
  • Work with experienced professionals in a dynamic field
Full Job Description
Responsibilities

The Advantage Senior Underwriter/Team Leader manages all related underwriting tasks within the assigned territory to drive written premium growth, strong retention, and favorable loss ratio results while providing leadership and direction to underwriting staff.

 

• Underwrite and price new and renewal accounts in accordance with Acadia’s underwriting standards and personal underwriting authority, with a strong focus on acquisition. • Evaluate, select, and price policies for assigned agencies to achieve underwriting profit, premium growth, desired business mix, market/agency penetration, and agency management objectives, referring risks exceeding authority to management with recommendations. • Develop and manage assigned agency relationships with producers and customers through visitations and regular customer contact. • Evaluate the performance of assigned agencies on an ongoing basis to ensure company and agency goals are met, participate in agency review and evaluation, and make recommendations on agency management issues. • Communicate corporate goals, programs, underwriting policies, procedures, and guidelines to agents. • Monitor production, hit ratios, renewal retention ratios, spread of risk, and other production and quality measures. • Request information needed for underwriting and pricing of assigned business. • Conduct negotiations with assigned agents. • Coordinate loss control, claim, audit, and billing services as needed. • Maintain a workflow for the assigned territory that meets departmental standards and expectations, and strive to improve processes to enhance service to internal and external customers. • Demonstrate a commitment to self-development. • Serve as a resource for others in the department and provide direction to underwriters and support staff as needed. • Negotiate facultative reinsurance on accounts where needed. • Train or assist in training others as necessary, helping co-workers improve their skills by sharing knowledge. • Develop loss-sensitive pricing approaches including retrospective rating plans and large deductibles. • Assist in the training of staff on coverages and new products. • Develop and evaluate information regarding local market opportunities and competition, and provide recommendations regarding new products and associated rates to management. • Work with the Home Office processing unit to ensure timely and accurate delivery of commercial insurance products, jointly identifying unprofitable business and taking appropriate underwriting action. • Provide direction to staff members within a particular underwriting discipline. • Maintain workflow for the assigned territory that meets all service standards and expectations of the department, consistently striving to improve workflow. • Assist with supervision of staff in accordance with organizational policies and applicable laws, including interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems; and tracking time and attendance.

Qualifications

Qualifications:

 

• 7-10 years of experience working in the insurance industry, preferably in Commercial Lines. • Demonstrated success in developing and maintaining positive relationships. • Excellent written and verbal communication skills, including active listening for solutions. • Demonstrated willingness to collaborate with colleagues and present in a way that influences others. • Strong analytical thinking and problem-solving skills with the ability to think analytically about business problems, make recommendations, and propose solutions. • High-energy self-starter with resilience and an entrepreneurial spirit. • Proven ability to sell and influence others. • Goal-oriented achiever who delivers results. • Strong underwriting and pricing skills with solid Commercial Lines insurance knowledge. • Leadership skills and experience in staff development, supervision, or management preferred. • Experience in workflow and process improvement. • Basic knowledge of computer programs in a Windows environment, including Word, Excel, and Email. • Experience with online underwriting tools (e.g., Silver Plume, Reference Connect) preferred. • Advanced professional insurance coursework (i.e., CPCU or AU) or other insurance-related classes preferred. • Valid Driver’s License required.

 

Education Requirement

• Bachelor’s degree from a four-year college or university and 7-10 years related experience and/or training, or equivalent combination of education and experience.• BA/BS degree preferred.

Additional Company DetailsWe do not accept unsolicited resumes from third party recruiting agencies or firms. Additional RequirementsLocation and Travel: • Primary location: Rocky Hill, CT. 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.

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