Senior Production Underwriter

Key Risk (a Berkley Company); Alabama; On-site; USD 90,000 - 120,000; Full time

Job summary

Key Risk (a Berkley Company) in Alabama seeks an experienced Workers' Compensation Underwriter to manage accounts and build agency relationships. The role emphasizes underwriting larger accounts, a growth-oriented book of business, and collaboration with agencies within the Key Alliance network.

You will underwrite accounts over $25,000, manage a $10,000,000 book, and work with 10–15 agencies to meet loss ratio and revenue targets.

Qualifications

• BA/BS degree required.
• 5+ years of workers compensation underwriting experience with industrial classes and loss development.
• Three to five years of marketing experience with independent agents.
• CPCU/CIC/AU designation preferred.
• Self-motivated and results oriented; strong customer service and vendor management skills.

Responsibilities

• Underwrite accounts over $25,000 within established underwriting authority.
• Manage a book of business totaling a minimum of $10,000,000.
• Develops and maintains relationships with 10-15 agencies.
• Responsible for a moderate number of agencies including partners with Advantage and/or Premier status within our Key Alliance agency structure.
• Achieves/exceeds planned accident year loss ratio, rate change, renewal retention and inforce premium goals.
• Takes initiative to recommend potential improvements in underwriting principles, techniques or appetite.
• Complies with insurance filings and regulatory requirements.
• Research new market niches, serve as an industry lead, and participate in special projects.
• Establishes a knowledge base of agency needs, staff, target markets, and contracted insurer.
• Performs agency evaluations and establishes agency goals within required time frames and expectations.
• Participates effectively in new and renewal team sales activities and Client Service Management (CSM) meetings to obtain and retain profitable business

Skills

Self-motivated and results oriented

Strong managerial skills

Superior customer service skills

Vendor management skills

Education

BA/BS Degree

CPCU, CIC, or AU designation preferred

Job description

Company Details

With over 35 years of proven expertise in the workers' compensation industry, Key Risk delivers innovative and responsive solutions that provide our clients the freedom to do what they do best. Offering guaranteed cost options to employers nationwide, Key Risk focuses on delivering products and services within specialized verticals to reduce workers' compensation exposures and deliver industry-leading results.

All products and services are distributed through appointed insurance agents and brokers. Key Risk is a member company of W. R. Berkley Corporation, whose insurance company subsidiaries are rated A+ (Superior), Financial Size Category XV by A.M. Best Company and A+ (Strong), by S&P.

For further information about Key Risk please visit www.KeyRisk.com

Responsibilities

• Underwrite accounts over $25,000 within established underwriting authority
• Manage a book of business totaling a minimum of $10,000,000
• Develops and maintains relationships with 10-15 agencies
• Responsible for a moderate number of agencies including partners with Advantage and/or Premier status within our Key Alliance agency structure
• Achieves/exceeds planned accident year loss ratio, rate change, renewal retention and inforce premium goals
• Takes initiative to recommend potential improvements in underwriting principles, techniques or appetite
• Complies with insurance filings and regulatory requirements
• Research new market niches, serve as an industry lead, and participate in special projects
• Establishes a knowledge base of agency needs, staff, target markets, and contracted insurer
• Performs agency evaluations and establishes agency goals within required time frames and expectations
• Participates effectively in new and renewal team sales activities and Client Service Management (CSM) meetings to obtain and retain profitable business

Qualifications

• BA/BS Degree
• CPCU, CIC, or AU designation preferred
• 5+ years of workers compensation underwriting experience with the full array of industrial classes, deductibles and dividend plans as well as an understanding of loss development and the ability to objectively assess workplace hazards, hazard controls and employer financials
• Three to five years of marketing experience working with independent agents
• Self-motivated and results oriented
• Strong managerial skills with the ability to work independently and as a team member
• Capable of working with internal and external teams and partners
• Superior customer service skills
• Excellent vendor management skills

Additional Company Details

We do not accept unsolicited resumes from third party recruiting agencies or firms.

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.

Sponsorship Details

Sponsorship not Offered for this Role