Berkley

VP, Underwriting - Excess Casualty

Berkley$200K — $250K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or 5-7 years of relevant experience; equivalent education and experience accepted.
  • Proven excess casualty underwriting experience with strong relationships in the wholesale brokerage channel.
  • Ability to lead and influence within a matrix organization through high-quality business production.
  • Deep technical knowledge of excess casualty underwriting and understanding of specialty insurance operations.
  • Established network of wholesale brokers for innovative solutions.
  • Strong initiative with a focus on high-quality results.
  • Excellent communication skills for interacting with diverse business partners.
  • Strong analytical and data analysis capabilities.

Responsibilities

  • Manage and expand a profitable excess casualty insurance portfolio using wholesale broker networks.
  • Leverage industry relationships to grow the portfolio effectively with proprietary strategies.
  • Achieve improved profitability and operational efficiencies through risk assessment and market analysis.
  • Evaluate the acceptability and profitability of new and existing business per company guidelines.
  • Develop insurance proposals and secure necessary underwriting approvals.
  • Conduct broker marketing meetings and attend industry events to promote business relationships.
  • Collaborate with Berkley Custom leadership to enhance underwriting operations and market intelligence.

Benefits

  • Health, Dental, and Vision insurance.
  • Life and Disability insurance.
  • Wellness programs.
  • Paid Time Off.
  • 401(k) and Profit-Sharing plans.
Full Job Description
Responsibilities

The VP, Underwriting - Excess Casualty is a production-oriented underwriting position responsible for all aspects of growing and managing a profitable book of excess casualty business. Success comes from a dedication to the underwriting trade and a long-term approach to every aspect of the business, including relationship and risk management discipline.

 

  • Manage and grow a high-quality excess casualty insurance portfolio working through your network of wholesale broker partners.
  • Position requires the ability to leverage your network of industry relationships and grow portfolio utilizing Berkley Custom’s proprietary playbook and broad underwriting appetite.
  • Ensures the achievement of continued improved profitability, growth and/or operational efficiencies for the portfolio through assessment of risk tolerance, market appetite and emerging risk issues.
  • Determines the acceptability, quality and profitability of new and existing business based on company underwriting guidelines and objectives.
  • Develop insurance proposals, prepare policies and endorsements, obtain required underwriting approvals where needed.
  • Travel to conduct broker marketing meetings and attend industry events as determined by management.
  • Contribute to the firmwide development of underwriting operations, marketing plans, product analysis, services, geographic focus and broker intelligence.
  • Effectively communicate and collaborate with other leaders with Berkley Custom to broaden knowledge of trends, opportunities, and technical knowledge of pricing.
Qualifications
  • Bachelor's degree (B. A.) from a four-year college or university; or 5-7 years related experience and/or training; or equivalent combination of education and experience.
  • Must be a successful, production oriented, excess casualty underwriting executive with strong go-to relationships within the wholesale brokerage channel.
  • Demonstrated success within a matrix reporting environment: the ability to lead and influence across the organization by virtue of your ability to produce high quality business. 
  • Strong technical knowledge of excess casualty underwriting theories and practices, broad understanding of the specialty insurance market and operations (Risk Control, Actuarial, Claim, Finance and Compliance).
  • Established network of wholesale brokers ready to work with you and find creative solutions.
  • Strong independent initiative and drive for high quality results
  • Ability and desire to effectively interact and communicate with all levels of external and/or internal business partners – this will be a highly visible role.
  • Demonstrated success building consensus and influencing business partners.
  • Strong natural presentation, leadership, and project management skills.
  • Unwavering demonstration of integrity, respect and professionalism.
  • Ability to drive results by identifying and resolving issues, as well as developing and executing strategies for taking advantage of opportunities.
  • Well-defined analytical skills and data analysis ability.

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Additional Company DetailsWe do not accept any unsolicited resumes from external recruiting firms. The company offers a competitive compensation plan and robust benefits package for full-time regular employees which for this role includes: Base Salary Range: $200,000 - $250,000 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. Eligible to participate in the annual discretionary bonus program. Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans. 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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