Professional Liability and Casualty Underwriting Leader

BERKLEY TECHNOLOGY SERVICES; Greenwich (CT); On-site; USD 100,000 - 160,000; Full time

Job summary

An established industry player is seeking a dynamic Assistant Vice President for Professional Liability and Casualty Lines. In this pivotal role, you will serve as an advisor and resource, influencing strategies and underwriting tools across multiple business units. Your expertise in professional liability will help enhance education and communication while driving innovative developments. This full-time position requires a strong leader with excellent analytical skills and the ability to manage projects effectively. Join a forward-thinking organization that values collaboration and offers opportunities for growth and travel across the United States and beyond.

Qualifications

• 10+ years in professional liability underwriting in insurance/reinsurance.
• Strong knowledge of underwriting practices and risk analysis.

Responsibilities

• Lead professional liability communities and coordinate underwriting processes.
• Monitor and influence business unit strategies and pricing guidelines.

Skills

Influencing Skills

Project Management

Communication Skills

Analytical Skills

Leadership

Education

Relevant Degree

Tools

Underwriting Tools

Data Analytics Tools

Job description

Company Details

"Our Company provides a state of predictability which allows brokers and agents to act with confidence." Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States. Along the way, we’ve been listed on the New York Stock Exchange, become a Fortune 500 Company, joined the S&P 500, and seen our gross written premiums exceed $10 billion. Today the Berkley brand comprises more than 50 businesses worldwide and is divided into two segments: Insurance and Reinsurance and Monoline Excess. Led by our Executive Chairman, founder and largest shareholder, William R. Berkley, and our President and Chief Executive Officer, W. Robert Berkley, Jr., W.R. Berkley Corporation is well-positioned to respond to opportunities for future growth.

The Company is an equal employment opportunity employer.

Responsibilities

We are seeking a Professional Liability and Casualty Lines, Assistant Vice President. Someone to act as an advisor, influencer, partner, and resource for the W.R. Berkley companies writing Errors and Omissions Coverage and Professional Lines coverages across multiple classes of business. In this corporate underwriting role, you will contribute to, monitor, and influence Business Unit strategies, results, risk appetite, coverages, terms & conditions, pricing, guidelines, and underwriting tools, to deliver on risk-adjusted return goals. In the role, you will facilitate corporate technical and data & analytic initiatives to improve management information, efficiencies, and long-term results. Address trends, emerging issues, and opportunities. Enhance education, communication, idea sharing, and innovation throughout W.R. Berkley.

Specific Responsibilities:

1. Lead the professional liability communities (e.g. Professional Liability, E&O, D&O, EPLI, etc.) comprised of the various Business Units writing professional liability coverages to educate, discuss emerging issues, share ideas and information, and highlight innovative developments.
2. Lead, coordinate, facilitate, and participate in underwriting process, technical, and data analytic initiatives for the purpose of improving management information, efficiencies, and long-term results.
3. Review, monitor and influence Business Unit strategy, results, risk appetite, forms, coverages, terms, conditions, pricing, guidelines, and underwriting tools.
4. In conjunction with corporate actuaries, lead periodic professional liability state of the line studies and presentations.
5. Transform data into information for action. Participate in data improvement and collection initiatives.
6. Work with ERM and ceded reinsurance to optimize the structure of the reinsurance program to fulfill both Business Unit and enterprise needs.
7. Monitor cyber and coverage for other latent or emerging exposures offered.
8. Others to be determined as the role evolves.

Partnering

Partner and coordinate with Segment Heads, Business Unit Presidents, and Chief Underwriting Officers, and various Corporate, Segment and Operating Unit functions (i.e., Underwriting, Operations, Product Development, Berkley Global Underwriters, Actuarial, Ceded Reinsurance, Claims, Enterprise Risk Management, Enterprise Product Support Services, IT, Data and Analytics, Compliance, Marketing and Project Management).

Location and Travel

The position can be in any W.R. Berkley location throughout the United States. This position is a full-time, in the office position. There is travel within the US and other W.R. Berkley worldwide locations. The overall amount of travel will be project dependent (approximately 30%).

Qualifications

1. Ability to influence and advise in a decentralized environment.
2. Strong results-oriented leader and manager.
3. Effective project management and organizational skills.
4. Excellent communication and interpersonal skills.
5. Superior analytical skills.
6. Strong work ethic.

Education & Experience Requirements

1. Relevant degree from an accredited college or university.
2. Minimum of 10 years professional liability (e.g. E&O, Professional, D&O, Management Liability, Tech, EPL, Fiduciary, Cyber, Med Mal, etc.) underwriting experience in the insurance/reinsurance industry.
3. Substantial knowledge of underwriting practices, procedures, and tools; rating; pricing; portfolio and risk analysis; policy drafting and reinsurance structuring.
4. Track record of influencing and generating profitable business.
5. International experience is a plus.
6. Minimum of 5 years of casualty underwriting experience in the insurance/reinsurance industry across various markets and industries is preferred.