Berkley

Territory Underwriting Manager

Berkley$70K — $120K *
US-AnywhereRemote in Birmingham, AL
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree
  • CPCU, CIC, or AU designation preferred
  • Over 5 years of workers compensation underwriting experience in high-risk industries
  • 3-5 years of marketing experience with independent agents
  • Proficient in Microsoft Office applications
  • Strong analytical, negotiation, and interpersonal skills
  • Exceptional written and verbal communication abilities

Responsibilities

  • Underwrite new and renewal business for the specified region
  • Manage a $15 - $20 million portfolio
  • Build and maintain relationships with key agencies
  • Achieve underwriting profitability goals through data analysis
  • Document and make detailed underwriting decisions
  • Recommend improvements in underwriting practices
  • Comply with regulatory and insurance requirements
  • Support business development through agency visits and presentations
  • Monitor agency performance metrics and profitability
  • Assess agency needs and conduct evaluations for performance management

Benefits

  • Health, Dental, and Vision insurance
  • Life and Disability insurance
  • Wellness programs
  • Paid Time Off (PTO)
  • 401(k) with Profit-Sharing plans
  • Annual discretionary bonus eligibility
Full Job Description
Responsibilities

We are looking for an enthusiastic Territory Underwriter who thrives on a collaborative, relationship driven underwriting approach to join our team.  The successful candidate will be responsible for contributing to achieving and exceeding the regions’ profitability goals through proper risk selection and account management. This individual will collaborate with Business Development to create and foster agency relationships in the Assigned Territory.  This job is a work from home position with significant over the road travel, up to 25% of the time.  A willingness to meet and travel to agencies is key to this role.

 

Key functions include but are not limited to the following:

  • Underwrites all new business and renewal risks for designated geographic region
  • Manages a book of business between $15 - $20 million
  • Develops and maintains relationships with agencies within a key geographic region
  • Works to achieve/exceed planned accident year loss ratio, rate change, renewal retention and inforce premium goals
  • Documents, analyzes and offers decisions with appropriate detail within underwriting authority levels
  • Takes initiative to recommend potential improvements in underwriting principles, techniques or appetite
  • Complies with insurance filings and regulatory requirements
  • Supports the company’s business development strategies through exceptional responsiveness and communication, agency visits, and point-of-sale presentations if/when necessary
  • Demonstrates a working knowledge of our appetite and accurately conveys message to the agency plant; monitors and manages agency hit ratio metrics, new business volume, and overall profitability
  • Utilizes Berkley Industrial’s internal tools to track book performance, ensuring new business target production volume is met throughout the term
  • Establishes a knowledge base of agency needs, staff, target markets, and contracted insurers; documents agency visits
  • Performs agency evaluations and works with Business Development to create and ensure agency goals are being met
Qualifications
  • Bachelor’s degree
  • CPCU, CIC, or AU designation preferred
  • Strong background in Microsoft Office, Word, Excel
  • 5 or more years of workers compensation underwriting experience with a focus in higher hazard industries, such as construction and heavy manufacturing
  • 3-5 years of marketing experience working with independent agents
  • Strong interpersonal, analytical, and negotiation skills
  • Exceptional communication skills both oral and written are essential
  • Self-motivated and results oriented
  • Strong managerial skills with the ability to work independently and as a team member
  • Capable of working with internal and external teams and partners
  • Superior customer service skills
  • Excellent vendor management skills
  • Ability to remain positive and calm in times of stress
  • Ability to successfully engage and manage an assortment of personalities, work and communication styles, and be a preferred business partner to our agency plant
  • Demonstrated ability to meet deadlines, determine priorities and adapt to changing priorities as needed
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 which for this role include: • Base Salary Range: $70,000– $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 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

For those interested in joining Berkley, staying updated on new job openings and company news is easy. Subscribe to receive tailored job alerts and read the latest insights on career development and industry trends.

Join Berkley

Discover the career opportunities waiting at Berkley. Search for open positions that match your skills and interests. Berkley is looking for curious, creative, and solution-driven team players ready to make an impact.

SEARCH BERKLEY JOBS

Read Careers Blog

Stay informed with career tips, insider perspectives, and industry-leading insights from Berkley professionals. Use this knowledge to enhance your resume, prepare for interviews, and understand the job market landscape.

Job Alert Emails

Personalize your subscription to receive job alerts and insider tips tailored to your preferences from Berkley. Explore the exciting and rewarding career opportunities that await.

READ CAREERS BLOG

Learn more about Berkley
Size
51 employees
Industry

Similar Jobs

More Jobs at Berkley

More Finance & Insurance Jobs

Find similar Territory Underwriting Manager jobs: