E&S Senior Renewal Underwriter

Berkley Aspire (a Berkley Company); Wisconsin; Remote; USD 70,000 - 100,000; Full time

Job summary

An insurance company is looking for an E&S Senior Renewal Underwriter to maintain a renewal portfolio, requiring a Bachelor's degree and at least 5 years in commercial lines. Duties include monitoring production and profitability, as well as utilizing underwriting authority to make decisions. The role offers competitive compensation and a robust benefits package.

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Time Off

401(k)

Profit-Sharing plans

Qualifications

• Minimum of 5 years of commercial lines experience; Excess and Surplus experience preferred.
• Ability to exhibit informal leadership across the team.
• Experience working in a paperless environment and with online underwriting tools is preferred.

Responsibilities

• Monitor renewal production, profitability, and maintain agency relationships.
• Utilize underwriting authority to independently decide on renewal accounts.
• Review and underwrite fast-track renewals within authorized limits.

Skills

Commercial General Liability

Commercial Property

Commercial Excess Liability

Leadership

Windows programs (Word, Excel, Outlook)

Education

Bachelor’s degree

Advanced insurance coursework

Job description

Overview

Join to apply for the E&S Senior Renewal Underwriter role at Berkley Aspire (a Berkley Company).

The role may be located in the West Chester, OH office or remotely in KY, WV, IN, MI, WI, IA, ND, SD or surrounding states, and will underwrite and maintain renewal portfolio in an assigned book of business, including post-issuance transactions (policy changes, cancels, reinstates, reinsurance, etc.). Underwrites renewal business within authority to maintain profitability in accordance with rate and retention company standards.

Responsibilities

• Monitor renewal production, profitability, and maintain agency relationships.
• Utilize underwriting authority to independently decide on renewal accounts within granted limits; establish terms and pricing and negotiate with retail agents.
• Review and underwrite fast-track renewals within authorized limits and provide guidance to associate underwriting staff.
• Make sound risk and pricing decisions to achieve profitable loss ratios.
• Maintain underwriting quality score of 90% or greater; document files to support acceptability and pricing per guidelines.
• Meet designated customer service standards.
• Provide guidance to associate underwriters to ensure policy delivery aligns with quoted terms and conditions.
• Review post-transaction requests for acceptability up to the authority granted.
• Review inspections to confirm written accounts align with preliminary underwriting information and take action as needed.
• Use underwriting tools to determine acceptable risk characteristics, accurate classifications, insure value, rates, etc.
• Review policy audits and escalate to leadership as needed.
• Assist with training, mentoring, and coaching of less experienced team members.
• Proficient knowledge in Commercial General Liability, Commercial Property and Commercial Excess Liability; assess exposure and form/verbiage decisions on renewal accounts.
• Take on special projects to advance underwriting knowledge across departments.
• Consult with new business about territorial market conditions and state-specific nuances affecting underwriting decisions.
• Communicate effectively with internal and external customers to uphold standards of excellence.

Qualifications

• Bachelor’s degree.
• Advanced insurance coursework is a benefit.
• Minimum of 5 years of commercial lines experience; Excess and Surplus experience preferred.
• Ability to exhibit informal leadership across the team.
• Basic knowledge of Windows programs (Word, Excel, Outlook).
• Experience working in a paperless environment and with online underwriting tools is preferred.

Additional Details

• We 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, including Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.

Sponsorship

Sponsorship not Offered for this Role

Employment type

• Full-time

Seniority level

• Associate