Middle Market Underwriter (Remote)

Berkley Technology Underwriters (a Berkley Company); Connecticut; On-site; USD 75,000 - 137,000; Full time

Job summary

A global insurance provider is seeking a Technology Underwriter to manage and grow an assigned book of business and acquire new clients in the P&C Middle Market for Technology insurance. The ideal candidate will have 3+ years of commercial underwriting experience and strong analytical skills. A competitive salary and comprehensive benefits package are offered.

Benefits

Base Salary Range: $75k - $137k

Health, dental, vision, and life insurance

401(k) and profit-sharing plans

Paid time off

Qualifications

• 3+ years of experience in commercial underwriting or support.
• Familiarity with commercial lines underwriting standards.
• Ability to learn interpreting coverage forms.

Responsibilities

• Manage an assigned book of business for risk selection.
• Document underwriting files for analysis and pricing.
• Mentor and coach underwriting support staff.

Skills

Customer service skills

Analytical skills

Communication skills

Negotiation skills

Education

Four-year college degree or equivalent experience

Tools

PC skills

Job description

Berkley Technology Underwriters is a global insurance provider offering property, casualty, professional and cyber insurance coverage for technology companies.

As a Technology Underwriter, you’ll be responsible for the management and growth of an assigned book of business as well as the acquisition of new business with a focus on P&C Middle Market for Technology insurance customers. You will analyze customers’ business information and claims history, monitor clients’ activities to change the policies as risks evolve. You’ll evaluate acceptability of individual risks and determine overall acceptability of risk, coverage terms and pricing to achieve company profit objectives. You’ll work with agents/brokers to develop productive and profitable relationships while also ensuring compliance with company underwriting guidelines and insurance regulators.

Responsibilities include:

• Responsible for profitable results via risk selection, maintaining high premium retention ratios and applying appropriate rating and coverage terms
• Account manager for assigned book of business
• Handle new and renewal submissions and endorsement requests from agents/ producers
• Document underwriting files to support analysis, coverage terms and pricing
• Operate according to underwriting authority as delegated by manager
• Provides clear instruction and guidance to underwriting support staff and operations staff
• Desire to develop sales and marketing skills and strategies in order to meet financial goals
• Follow established pricing, underwriting and documentation protocol as set forth by underwriting management
• Mentor & coach underwriting support staff

Qualifications:

• 3+ years of experience working in a commercial underwriting or commercial underwriting support position
• Familiarity with commercial lines underwriting standards and practices along with rating/pricing methods
• Ability to learn interpreting coverage forms
• Ability and desire to sell and/or market insurance products & services
• Desire to strengthen negotiation skills
• Strong customer service skills
• Strong oral and written communication skills
• Strong analytical and decision-making skills
• Ability to work independently as well as in a team environment
• Strong interpersonal skills
• Presentation skills
• Excellent PC skills and a working knowledge of Windows environment a valid driver’s license and carry vehicle insurance coverage.

Education:

• Four-year college degree or equivalent experience

The company offers a competitive compensation plan and robust benefits package for full time regular employees, including:

• Base Salary Range: $75k - $137k
• Benefits include Health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plans

The Company is an equal employment opportunity employer.