Senior Underwriter

BERKLEY TECHNOLOGY SERVICES; Mesa (AZ); On-site; USD 79,000 - 132,000; Full time

Job summary

An established industry player is seeking a skilled E&S Construction Underwriter to join their dynamic team. In this pivotal role, you will evaluate and maintain risk acceptability and profitability for commercial risks, focusing on non-admitted General Liability for middle market construction projects. You will also be responsible for fostering strong relationships with wholesale brokers while meeting production and service standards. This position offers the flexibility of being based in Scottsdale, Chicago, or a remote location, making it an exciting opportunity for those looking to advance their underwriting career in a supportive environment. If you have a passion for underwriting and a knack for problem-solving, this role could be the perfect fit for you.

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Time Off

401(k) Plan

Profit-Sharing Plan

Wellness Programs

Qualifications

• 5-10 years of commercial lines underwriting experience required.
• Strong experience in Excess & Surplus Lines and Wholesale Brokerage Distribution.

Responsibilities

• Evaluate and maintain risk acceptability and profitability for commercial risks.
• Manage and cultivate strong wholesale broker relationships.

Skills

Commercial Lines Underwriting

Risk Evaluation

Broker Relationship Management

Problem Solving

Education

Bachelor's Degree

CPCU Certification

Job description

Company Details

Vela Insurance Services provides specialized Excess and Surplus Lines Casualty and Professional Liability insurance solutions in the following four market segments: Construction, Specialty Casualty, Velocity Small Business & Professional Liability. We offer national service and local knowledge to our exclusive wholesale broker network and the businesses they serve.

Responsibilities

The E&S Construction Underwriter will evaluate (selection and pricing) and maintain (control) risk acceptability and profitability within the company’s underwriting guidelines and procedures for commercial risks with a focus on non-admitted General Liability for middle market construction risks. The selected candidate will also manage and maintain strong wholesale broker relationships plus meet and maintain the production, profitability, and service standards established for the company. This role can be located in our Scottsdale, AZ or Chicago, IL offices, or remote locations in Colorado, Washington, or Oregon.

Overview:

• Adhere to underwriting authority level as per on file with Manager.
• Gather underwriting information to properly evaluate commercial risks for acceptability within company guidelines. Underwrite for profit.
• Meet/Exceed production, profitability, and service targets.
• Ability to research and solve more complicated problems and make decisions.
• Determine final coverages and pricing for commercial risks.
• Review claims and loss information on individual risks. Use this information to identify and re-evaluate accounts and develop strategy for dealing with exposures and frequency issues.
• As a team with the Manager, manage the portfolio profitability and identify favorable and unfavorable classes of business.
• Maintain quality and time standards as established.
• Be informed/knowledgeable of industry issues and activities through formal educational processes to develop underwriting skills.
• Identify and cultivate brokers with new business opportunities.
• Regular and predictable attendance.

Perform other duties as assigned.

Qualifications

• BS/BA, or commensurate experience and training.
• Minimum of 5-10 years’ commercial lines underwriting experience.
• Strong experience in Excess & Surplus Lines and Wholesale Brokerage Distribution.
• CPCU and/or other professional designations preferred.
• Experience writing supported excess is preferred.

Additional Company Details

The Company is an equal employment opportunity employer. The company offers a competitive compensation plan and robust benefits package for full-time regular employees which for this role include: • Base Salary Range: $79,000 – $132,000 • 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.