Senior Underwriter

Socket.dev; Chicago (IL); On-site; USD 90,000 - 159,000; Full time

Benefits offered by this job

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Wellness Programs

Paid Time Off

401(k)

Profit-Sharing

Job summary

Berkley Construction Solutions (BCS) seeks a Senior Underwriter to evaluate excess casualty construction risks and support brokers and internal teams. This production role emphasizes underwriting principles, risk analysis, and sound decision-making in complex cases.

The candidate will mentor junior underwriters, ensure consistency across the team, and collaborate with Claims, Finance, Technology, and Actuary to improve portfolio performance.

Qualifications

• Bachelor’s degree with minimum 5 years of related experience or training.

Responsibilities

• Evaluate and assess excess casualty construction risks.
• Mentor and support junior underwriters to ensure best practices.
• Collaborate with brokers, agents, and internal stakeholders to manage risk portfolio.
• Review and manage underwriting product sets for market competitiveness and compliance.
• Research new products to enhance strategic positioning and profitability.

Skills

Commercial lines knowledge

Underwriting leadership

Multi-line experience

Data analytics

Project management

Alternative risk

Relationship building

CPCU/AU

Education

Bachelor's degree with 5+ years

Tools

N/A

Job description

Company Details

Berkley Construction Solutions (BCS) offers lead and excess liability capacity to the commercial construction industry. Our team of dedicated, experienced excess construction specialists underwrites practice and project business for medium to large contractors across the U.S. At BCS our guiding principles are authenticity, trust and passion. The team culture is inclusive, high energy, and fun.

Company URL: www.BerkleyConstructionSolutions.com

Responsibilities

The Senior Underwriter role at BCS is a production role responsible for evaluating and assessing excess casualty construction risks. This position requires a deep understanding of underwriting principles, risk analysis, and the ability to make sound decisions in complex situations. The Senior Underwriter will work closely with brokers, agents, and other internal stakeholders to manage and optimize the company's portfolio of risks. The individual in this role will also mentor and support junior underwriters, ensuring best practices and consistency across the team. The role will require an in-depth knowledge and understanding of BCS’s underwriting goals, processes, procedures, systems & data as well as understanding how these items interact with other departments.

Key functions include but are not limited to:

• Accountable for the business results for assigned brokers.
• Has the ability to anticipate market changes and strategically react to enhance the company’s competitive advantages.
• Collaborating with underwriting management, assumes accountability for the oversight and progression of underwriting product projects to achieve desired company business objectives.
• Regularly reviews and manages the product set (feature/functionality) for appropriateness of marketing strategy, market competitiveness, customer experience, regulatory compliance, risk management, as well as efficiency of performance.
• Researches potential new products that enhance BCS’s overall strategic positioning.
• Collaborates and communicates with all departments including Claims, Finance, Technology and Actuary to enhance BCS’s overall strategic positioning.
• Provides training and support as a technical underwriting resource.
• All other duties as assigned.

Qualifications

• Extensive experience with commercial lines product coverage form verbiage and filings.
• Commercial underwriting leadership experience.
• Multi-line experience with all commercial lines of business and an in-depth knowledge of commercial lines insurance programs and product; including Property, General Liability, Automobile, Umbrella, and Workers Compensation.
• Strong background using data analysis to guide underwriting philosophy and decisions.
• Project Management experience a plus.
• Alternative risk/large account products a plus.
• Build sustainable relationships of trust through open and interactive communication.
• Completion of or working toward CPCU, AU or similar designations.

Education Requirement

• Bachelor's degree with a minimum of 5 years of related experience or training; or equivalent combination of education and experience.

Additional Company Details

We do not accept any unsolicited resumes from external 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: $90,000 - $159,000
• 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.

Sponsorship Details

Sponsorship not Offered for this Role