Commercial Underwriter

Berkley Mid-Atlantic Insurance Group (a Berkley Company); Maryland; On-site; USD 95,000 - 120,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

Wellness program

Paid Time Off

401(k) and Profit-Sharing plans

Job summary

Berkley Mid-Atlantic Group (BMAG) is seeking a Senior Underwriter to build strong relationships with independent agents, drive growth in written premium, and manage renewals while delivering high customer satisfaction across our Mid-Atlantic footprint.

The role requires underwriting expertise in Commercial Property & Casualty, strong communication, analytic thinking, and the ability to influence decisions within established guidelines. A BA/BS is preferred, with CPCU/AU coursework favored.

Qualifications

• BA/BS degree preferred.
• 4+ years of underwriting experience in Commercial Property & Casualty.
• Strong relationship building and communication skills.
• Analytical thinker with problem-solving mindset.
• Collaborative and influential team player.
• Familiarity with underwriting tools and online platforms.
• Advanced insurance coursework such as CPCU/AU is a plus.

Responsibilities

• Strengthens relationships and educates agents within agency plans to maximize opportunities and profitable growth.
• Achieves new business and renewal premium objectives.
• Evaluates risk within guidelines to determine quotes and pricing.
• Uses underwriting tools to classify exposure and set limits.
• Orders and reviews inspections to verify risk characteristics.
• Assesses need for facultative reinsurance and documents workflows.

Skills

Relationship building

Exceptional communication

Analytical thinking

Self-starter / entrepreneurial spirit

Influence others

Goal oriented

Experience with online underwriting

Education

BA/BS degree preferred

Advanced insurance coursework (CPCU/AU) preferred

Tools

Silver Plume

Reference Connect

Job description

Company Details

Berkley Mid-Atlantic Group (BMAG) is a property and casualty insurance provider serving the Mid-Atlantic. We are a member of W. R. Berkley Corporation, one of the largest commercial lines property casualty insurance holding companies in the United States. With the resources of a large Fortune 500® corporation and the ability to operate with the closeness and flexibility of a small company, we exclusively work with select independent agents to insure the future of business.

Company Details

Berkley Mid-Atlantic Group (BMAG) is a property and casualty insurance provider serving the Mid-Atlantic. We are a member of W. R. Berkley Corporation, one of the largest commercial lines property casualty insurance holding companies in the United States. With the resources of a large Fortune 500® corporation and the ability to operate with the closeness and flexibility of a small company, we exclusively work with select independent agents to insure the future of business. Our culture is one that empowers employees to question the status quo and seek innovative ways to continue to exceed the expectations of our customers. We practice collaboration, creativity, and teamwork on a daily basis, with a commitment to innovation and high performance. Company URL: https://www.wrbmag.com/ The company is an equal opportunity employer.

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 plans 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 review and quote business for assigned agents
• Orders and reviews inspections to confirm accounts written are consistent with preliminary underwriting information and act when the inspection reveals unacceptable risk characteristics.
• Determines if facultative reinsurance is needed and if so, factors reinsurance cost in gross pricing, completes cession procedures; documents file and follows established workflow procedure to ensure proper reporting / accounting.

Qualifications

• BA/BS degree preferred
• 4+ years of experience working as an Underwriter in Commercial Property & Casualty. May consider 2+ years’ experience for an Underwriter level.
• Demonstrated success in developing and maintaining positive relationships.
• Excellent communication skills, including listening for solutions.
• 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 program 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.

Additional Company Details

We do not accept any unsolicited resumes from external recruiting agencies or firms.

Benefits

The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role include:

• Base Salary Range: $95,000 - $120,000
• 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