Commercial Underwriter

W. R. Berkley Corporation; Cincinnati (OH); On-site; USD 95,000 - 120,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Life Insurance

Disability insurance

Wellness benefits

Paid Time Off

401(k) and Profit Sharing

Job summary

Berkley Mid-Atlantic Group (BMAG) is seeking a Senior Underwriter to manage a strong distribution channel, grow written premium, and maximize renewal retention while delivering high customer satisfaction within our independent agency footprint.

Responsibilities include strengthening relationships with agents, achieving premium objectives, evaluating risk within guidelines, and coordinating reinsurances as needed. Strong communication and collaboration are essential for success.

Qualifications

• BA/BS degree preferred.
• 4+ years of experience as an Underwriter in Commercial Property & Casualty (2+ years may be considered for Underwriter level).
• Demonstrated success in developing and maintaining positive relationships.
• Excellent communication skills and willingness to collaborate with colleagues.

Responsibilities

• Strengthens relationships and educates agents within agency plans to maximize opportunities and profitable growth.
• Achieves new business premium, renewal premium retention and rate change objectives.
• Evaluates risk within guidelines to determine acceptability and pricing.
• Utilizes underwriting tools to determine risk characteristics and exposure classifications.
• Orders and reviews inspections to verify consistency with underwriting information.
• Determines need for facultative reinsurance and handles cession procedures.

Skills

Excellent communication

Collaborative mindset

Analytical thinking

Sales and influence

Results driven

Windows proficiency (Word, Excel, Mail

Online underwriting tools (e.g. Silver

Education

BA/BS degree preferred

CPCU or AU or other insurance coursework preferred

Tools

Microsoft Word

Microsoft Excel

Email client

Silver Plume

Reference Connect

Job description

Company Details

Berkley Mid-Atlantic Group (BMAG) is a property and casualty insurance provider serving the Mid-Atlantic. We are a member of W. R. Berkley Corporation, one of the largest commercial lines property casualty insurance holding companies in the United States. With the resources of a large Fortune 500® corporation and the ability to operate with the closeness and flexibility of a small company, we exclusively work with select independent agents to insure the future of business.

Our culture is one that empowers employees to question the status quo and seek innovative ways to continue to exceed the expectations of our customers. We practice collaboration, creativity, and teamwork on a daily basis, with a commitment to innovation and high performance.

Company URL:https://www.wrbmag.com/

The company is an equal opportunity employer.

Responsibilities

The Senior Underwriterbuilds 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