Senior Underwriter

Acadia Insurance (a Berkley Company); Rocky Hill (CT); On-site; USD 100,000 - 150,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

Wellness programs

Paid time off

401(k) and profit-sharing

Job summary

Acadia Insurance, a Berkley company, seeks a Senior Underwriter to strengthen agent relationships, grow written premium, and optimize renewal retention within our Northeast footprint.

Responsibilities include evaluating new and renewal risk, pricing within authority, and using underwriting tools to classify exposure and set limits. Travel up to 30% may be required; a Bachelor’s degree and 5+ years of underwriting experience are expected.

Qualifications

• Bachelor's degree or equivalent with 5+ years in underwriting.
• Strong relationships with agents and excellent communication.
• Ability to analyze risk and determine terms/conditions.

Responsibilities

• Build and maintain relationships with agents to drive profitable growth.
• Achieve new business and renewal premium objectives.
• Evaluate risks within guidelines to quote and price within authority.
• Review inspections and ensure risk aligns with underwriting information.
• Travel up to 30% of the time.

Skills

Relationship building

Communication skills

Analytical thinking

Proactive

Collaboration

Education

Bachelor's degree + 5–7 years exp

Tools

Online underwriting tools (Silver Plume, Reference Connect)

Job description

Company Details

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.
• Account size varies but typically falls in the $100k-$500k range.
• Ability to travel in assigned territory - up to 30% of time.

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

• 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 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.
• 5+ years of experience working as an Underwriter in Commercial Property & Casualty.
• Transportation underwriting experience preferred but not required.

The Company is an equal employment opportunity employer.

Additional Company Details

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: 100k-$149,600k
• 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