Senior Underwriter

W. R. Berkley Corporation; Marlborough (MA); On-site; USD 100,000 - 110,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

401(k) plan

Profit-sharing plans

Job summary

A leading insurance firm is searching for a Senior Underwriter based in Marlborough, Massachusetts. The role involves building relationships, driving premium growth, and evaluating risk for Independent Agencies. Candidates should have a Bachelor’s degree and 5+ years in underwriting, demonstrating strong communication and analytical skills. A robust compensation package is offered, including benefits like health, dental, and profit-sharing plans.

Qualifications

• Bachelor's degree from an accredited institution required.
• 5-7 years of related underwriting experience or training.
• Ability to think analytically and propose solutions.

Responsibilities

• Build and maintain relationships with Independent Agencies.
• Drive premium growth and maximize renewal retention.
• Evaluate risk acceptability and determine underwriting terms.

Skills

Excellent communication skills

Relationship development

Analytical thinking

Sales ability

Basic computer skills

Education

Bachelor's degree

5+ years as a Commercial Property & Casualty Underwriter

Tools

Microsoft Word

Microsoft Excel

Online underwriting tools

Job description

Company Details

Acadia Insurance is a regional property casualty insurer with offices throughout the Northeast. As a member of W.R. Berkley Corporation (NYSE: WRB), one of the largest property casualty insurance holding companies in the United States, our financial strength and integrity are two of the main reasons why Independent Agents place business with us. Acadia is rated A+ (Superior) by A.M. Best, with an A+ claim paying ability rating by Standard & Poor’s.

At Acadia, we value our employees, our customers and our communities. Employees at Acadia are part of a progressive company where everyone can make a difference. We promote an inclusive environment which encourages continuous learning and the chance to grow and develop.

Company URL: https://www.acadiainsurance.com/

Responsibilities

The Senior Underwriter builds dynamic relationships, maintains a strong distribution channel, drives written premium growth, and maximizes renewal retention while delivering a high degree of customer satisfaction within our footprint of Independent Agencies.

Key functions will include but are not limited to:

• Strengthens relationships and educates agents within agency plan to maximize opportunities and achieve profitable growth.
• Achieves new business premium, renewal premium retention and rate change objectives.
• Within company guidelines and granted underwriting authority, evaluates new and renewal information to determines risk acceptability terms/conditions to be quoted, and priced.
• Utilizes various underwriting tools to: determine acceptable risk characteristics; determine accurate exposure classifications; set adequate property limits to accomplish appropriate insurance to value and rate and quote business to agents.
• Orders and reviews inspections to confirm accounts written are consistent with preliminary underwriting information and acts when the inspection reveals unacceptable risk characteristics.

Qualifications

Education

Bachelor's degree from four-year college or university and 5-7 years related experience and/or training; or equivalent combination of education and experience.

Qualifications

• Excellent communication skills, including listening for solutions.
• Demonstrated success in developing and maintaining positive relationships.
• Demonstrates a willingness to collaborate with colleagues and present in a way that influences others.
• An ability to think analytically about business problems, make recommendations and propose solutions.
• High energy self-starter, who is resilient and has an entrepreneurial spirit.
• Ability to sell and influence others.
• Goal-oriented achiever who delivers results.
• Basic knowledge of computer programs in a windows environment, including Word, Excel and Email is mandatory.
• Prior experience working with on-line underwriting tools is preferred (e.g., Silver Plume, and Reference Connect).
• Advanced professional insurance coursework (i.e., CPCU or AU) or completion of other insurance related classes is preferred.
• BA/BS degree preferred.
• 5+ years of experience working as an Underwriter in Commercial Property & Casualty
• Valid driver’s license required
• Ability to travel in assigned territory

The Company is an equal employment opportunity employer.

Additional Company Details

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

• Base Salary Range: $100k-$110k
• 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.

Sponsorship Details

Sponsorship not Offered for this Role