Berkley

Underwriter

Berkley$85K — $115K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree and a minimum of 5 years of management liability underwriting experience.
  • Proven experience in a high-performing marketing/sales team within a fast-paced environment.
  • In-depth product knowledge of Management Liability insurance, including D&O, Cyber, EPL, Crime, Fiduciary, and MPL.
  • Strong empathy for independent agents' needs, acting as a brand advocate.
  • Excellent communication, negotiation, and interpersonal skills with a team-oriented approach.
  • Detail-oriented with a proactive, execution-focused mindset.

Responsibilities

  • Manage underwriting tasks for new and renewal accounts to boost premium growth and control loss ratios.
  • Oversee the submission lifecycle, ensuring accurate quoting, documentation, and binding processes.
  • Implement consistent underwriting best practices to uphold profitability and pricing standards.
  • Support underwriters in strategic initiatives by addressing concerns and developing solutions.
  • Lead specialized underwriting projects as needed to enhance organizational efficiency.
  • Deliver superior customer service to agency personnel, fostering productive relationships.
  • Collaborate with executives to cultivate a sales culture and optimize the agent onboarding experience.

Benefits

  • Eligible for annual discretionary bonus participation.
  • Comprehensive health, dental, and vision insurance.
  • Life and disability insurance coverage.
  • Wellness programs and paid time off.
  • 401(k) plan with profit-sharing options.
Full Job Description
Responsibilities

The Underwriter will manage all related underwriting tasks for new and renewal accounts required in assigned regions to promote written premium growth and favorable loss ratio results. The role will work closely with the TMs, AVPs, RVPs across assigned regions.

  • Responsible for new & renewal accounts which focus on underwriting and pricing risks in accordance with BMP's business rules and personal underwriting authority.
  • Ownership of the lifecycle of the submission includes quoting, filing all relevant documents, binding, issuing and obtaining signed and executed applications.
  • Support consistent underwriting best practices, in accordance with underwriting guidelines, to ensure rating, pricing, profitability, and structuring adequacy.
  • Assist underwriters in executing on strategic initiatives. Provide support and develop solutions to their issues/concerns (system, guidelines, training, reports, new project request, product amendments).
  • Identify the need for and manage special underwriting projects as needed.
  • Fully engage with agency personnel by providing superior customer service.
  • Work closely with the TMs, AVPs and RVPs to establish and implement a sales culture. In collaboration with TMs, AVPs and RVPs, creates the workflow that will establish the best user experience for the independent agent in the onboarding process.
  • Establish strong relationships with agents by driving mutually beneficial results through agency planning, production and growth.
  • Monitor competitor's offerings and emerging industry issues.
  • Embrace relevant technology and actively improves skillset through formal and informal learning.
  • Serves as a resource for new and innovative ideas to continually challenge the status quo.
  • Other duties as assigned.


Qualifications

  • Bachelor's Degree and minimum of 5 years of management liability underwriting or related experience at an insurance company or agency or equivalent combination of education and experience.
    • Experience contributing on a high performing marketing/ sales team in a high growth, fast paced environment.
    • Advanced product knowledge within the Management Liability suite of products (D&O, Cyber, EPL, Crime, Fiduciary, and MPL).
    • Empathy and understanding of the needs of our independent agents. Will be an advocate for Berkley Management Protection customers and as such, will be passionate about their brand experience.
    • An agile team player with strong written and verbal communication, negotiation and interpersonal skills.
    • Demonstrated ability to self-organize, prioritize and request help when needed.
    • Execution-oriented with attention to details driven by natural curiosity and competitive spirit.

    The Company is an equal employment opportunity employer.


Additional Company Details

We do not accept unsolicited resumes from third party recruiting agencies or firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees including:
• Base Salary Range: $85k-$115k Depending on level of experience
• Eligible to participate in annual discretionary bonus
• Benefits include: Health, dental, vision, dental, 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.

Stay Connected with Berkley Careers

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Learn more about Berkley
Size
51 employees
Industry

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