Executive Underwriter

Berkley; Meridian (AR); On-site; USD 96,000 - 179,000; Full time

Benefits offered by this job

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Wellness program

Paid Time Off

401(k)

Profit Sharing

Job summary

Berkley Southeast is seeking an Executive Underwriter to evaluate, price, and manage commercially underwritten risks within delegated authority. The role partners with agents and Territory Managers to sustain profitability and growth across complex books of business.

The ideal candidate will have 10+ years of commercial lines underwriting experience, deep product knowledge, and strong negotiation and mentoring skills. Travel to agent locations is required.

Qualifications

• Minimum of 10+ years commercial lines underwriting experience (CGL, Property, Packages, BOP, Auto, Crime, IM, Umbrella and/or WC).
• Comprehensive knowledge of commercial lines products, contracts, and state differences; regulatory compliance.
• Excellent written and verbal communication; strong negotiation and problem-solving skills.

Responsibilities

• Analyze commercial lines accounts by risk characteristics, exposure analysis, and controls.
• Price business per underwriting & pricing guidelines; manage profitability of book.
• Mentor and resource for other underwriters; train agency staff on products and processes.
• Travel to agent locations to strengthen agency partnerships and pursue marketing opportunities.
• Identify agency/book-level issues and lead resolutions; participate in planning and reviews.

Skills

Underwriting expertise

Negotiation skills

Analytical thinking

Communication skills

Relationship management

Teamwork

Hazard recognition & risk analysis

Proficiency with underwriting systems

CPCU designation preferred

Education

Four-year college degree

Job description

Company Details

Berkley Southeast is a member company of W. R. Berkley Corporation, a Fortune 500 Company, whose insurance company subsidiaries are rated A+(Superior) by A. M. Best Company. BSIG provides local underwriting, risk services, claim, marketing and audit services for agents and policyholders in Alabama, Georgia, Mississippi, South Carolina, North Carolina and Tennessee. We take a broad approach to underwriting for ‘best in class’ businesses, primarily in: construction, light manufacturing, wholesale, distribution and business service industries.

The Company is an equal employment opportunity employer.

www.berkleysoutheast.com

Responsibilities

The Executive Underwriter evaluates, selects, prices, and maintains commercially underwritten risks within delegated authority levels to ensure risk acceptability and profitability. This role partners closely with agents and Territory Managers to manage complex books of business, supports marketing activities, and serves as a technical mentor and resource to other underwriters.

Key functions include but are not limited to the following:

• Analyze commercial lines accounts based on individual risk characteristics, exposure analysis, hazard recognition, and control.
• Apply underwriting guidelines to ensure compliance with state regulations.
• Accept, reject, or modify new and renewal business within delegated authority levels to maintain a profitable book of business.
• Price business in accordance with company underwriting and pricing guidelines.
• Assist less experienced underwriters with high hazard or more complex accounts.
• Use creativity and underwriting knowledge to write risks and retain desirable business.
• Partner with Territory Managers to support marketing activities and develop ongoing relationships with agents.
• Discuss market appetite, submission quality and profitability, service standards, and underwriting or product changes with agents.
• Communicate underwriting decisions on cancellations, declinations, exposure concerns, and survey results to agents.
• Partner with Territory Managers to identify agency or book-level issues or patterns and drive resolutions or improvements.
• Participate in agency planning and review processes.
• Identify sales and marketing opportunities as appropriate.
• Take a lead role in Key Account review and recommendations.
• Travel, with or without Territory Managers, to assigned agent locations to develop and strengthen agency partnerships.
• Train and educate agency staff on company products, services, processes, and underwriting philosophy.
• Assist in training and serve as a technical resource to other underwriters as needed.
• Attend industry workshops and meetings each year.
• Work with and protect confidential and proprietary customer and company information.
• Perform other duties as assigned.

Qualifications

Qualifications:

• Minimum of 10+ years commercial lines underwriting experience, including but not limited to CGL, Property, Packages, BOP, Auto, Crime, IM, Umbrella and/or WC.
• Comprehensive knowledge of commercial lines products and contracts, including regulatory and policy differences among applicable states.
• Good organizational skills with the ability to handle multiple tasks and effectively prioritize.
• Demonstrated depth in negotiation, analytical, and problem-solving skills.
• Strong computer skills and ability to work with multi-faceted systems.
• Ability to effectively and independently manage a complex workload while exhibiting very sound judgment.
• Excellent written and verbal communication skills.
• Demonstrated ability to develop and maintain relationships with agents and other departments.
• Strong teamwork and collaboration skills.
• Proficiency in commercial lines underwriting, risk evaluation and selection, risk pricing, profitability management, exposure analysis, and hazard recognition and control.
• Experience in agency relationship management, marketing support, and training and mentoring.
• CPCU designation or other equivalent coursework preferred.

Education Requirement

• Four-year college degree or equivalent combination of education and work experience.

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 which for this role include:

• Base Salary Range: $96,000-$179,000
• 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.

Additional Requirements

Location and Travel:

• Meridian, MS.
• Travel to assigned agent locations as needed.

Sponsorship Details

Sponsorship not Offered for this Role