Renewal Underwriter (Remote)

Berkley Human Services (a Berkley Company); Northwest Township (OH); Remote; USD 53,000 - 100,000; Full time

Job summary

A leading company in financial services is seeking a Renewal Underwriter to manage insurance renewals and agency relationships. The role requires at least 3 years of underwriting experience, strong negotiation skills, and a four-year college degree. This position offers remote options and a competitive salary range, along with a robust benefits package.

Benefits

Health benefits

401(k) and profit-sharing plans

Paid time off

Wellness programs

Qualifications

• Minimum of 3 years of multi-line underwriting experience, preferably in Human Services.
• Knowledge of insurance rating, structure, forms, and coverages.
• Strong verbal and written communication skills.

Responsibilities

• Evaluate and process insurance renewals, ensuring profitability.
• Manage agency relationships and execute strategies for renewal accounts.
• Underwrite and negotiate accounts to minimize risk.

Skills

Interpersonal skills

Presentation skills

Negotiation skills

Communication skills

Decision-making skills

PC skills

Education

Four-year college degree or equivalent experience

Tools

MS Excel

MS Word

MS PowerPoint

Job description

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Company Details

Berkley Human Services, a Berkley Company, is devoted to meeting the needs of Human Services Organizations. Our insurance policies are written through our Berkley affiliates, each of which is rated A+ (Superior) by A.M. Best Company with a Financial Category of XV.

Company Details

Berkley Human Services, a Berkley Company, is devoted to meeting the needs of Human Services Organizations. Our insurance policies are written through our Berkley affiliates, each of which is rated A+ (Superior) by A.M. Best Company with a Financial Category of XV.

We offer property and casualty coverage designed for the unique operational aspects of social service organizations. Our Human Services Program dates back to 1989 and has continuously evolved to meet the unique needs of the market we serve. We insure both nonprofit and for-profit social service organizations, such as child daycare, sheltered workshops, group homes, senior citizen centers, senior independent living, schools, counseling services, YMCAs, YWCAs, and Boys & Girls Clubs.

Responsibilities

The Renewal Underwriter is focused on achieving underwriting excellence, ensuring profitability, and maintaining alignment with our strategic portfolio objectives. Responsible for the profitability, growth and/or retention of assigned book of business and assigned renewal underwriters. Evaluate and process insurance renewals, demonstrate functional technical knowledge of underwriting concepts, practices, procedures and techniques to include coverage issues, product lines, relevant systems and competition in the marketplace. Manage relationships with assigned producers to manage submission, quote and bind activity and deliver on service commitments established by the designated Service Level Agreement (SLA).

• Manage agency relationships which includes creating, driving and execution of strategies for renewal accounts (prospective book management, executes on the mix strategy, low strategy, territorial and agency sales plans, etc.)
• Ensure underwriting quality and profitability through application of the appropriate level of underwriting analysis based on risk complexity to accept, decline, modify, or rate and quote accounts.
• Underwrite and skillfully negotiate accounts to minimize risk and maximize profitability .
• Underwrites within individual authority level.
• Review and assess renewal applications to determine the risk and eligibility of clients
• Generate quote proposals and deliver to producers; negotiate final terms leading to binding.
• Utilize underwriting guidelines and actuarial data to assess risk levels. Make recommendations on coverage terms, conditions, and pricing.
• Ensure timely processing of renewal policies. Prepare policy documents, endorsements, and provide instructions for policy issuance.
• Work closely with other underwriters, claims adjusters, and risk management teams to ensure comprehensive coverage solutions for clients.
• Adhere to all regulatory and compliance requirements. Maintain accurate records and documentation.
• Stay updated on industry trends, regulatory changes, and best practices.
• Participate in ongoing training and professional development
  
  

May Perform Other Functions As Assigned.

For a qualified candidate, will consider remote options.

Qualifications

• Minimum of 3 years of multi-line underwriting experience, preferably in Human Services
• Knowledge of insurance rating, structure, forms, and coverages.
• Ability to maintain confidential information.
• Strong interpersonal, presentation and negotiation skills to include the ability to affirmatively close sales.
• Exceptional verbal and written communication skills.
• Strong decision-making skills.
• Strong PC and keyboarding skills, including working with MS Excel, Word and PowerPoint.
• Valid driver’s license and safe driving record required.
  
  

Education

• Four-year college degree or equivalent experience
  
  

Additional Company Details

https://www.berkleyhumanservices.com/

The Company is an equal employment opportunity employer.

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 including:

• Base Salary Range: $53k-$100k
• Eligible to participate in annual discretionary bonus
• Benefits include Health, dental, vision, dental, 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

Travel: Limited

Sponsorship Details

Sponsorship not Offered for this Role

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Financial Services and Insurance

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