Underwriter

Berkley Environmental (a Berkley Company); Boston (MA); On-site; USD 75,000 - 125,000; Full time

Benefits offered by this job

Health, dental, vision

401(k) and profit-sharing

Paid time off

Job summary

Berkley Environmental in Boston seeks a commercial underwriter to manage brokers and underwrite environmental and casualty lines across industries. You will handle pollution, general liability, auto and workers’ compensation with a focus on growth and profitability.

Ideal candidates have 3–5 years of underwriting experience, comfort in a paperless workflow, and proficiency with Excel, Word, PowerPoint and email tools to analyze risk and manage accounts.

Qualifications

• 3–5 years of commercial underwriting experience and multi‑line rating.
• Capable of working in a “paperless” work environment.
• Proficient in Excel, Word, Spreadsheets, PowerPoint and email systems.
• Experience with utilizing available tools in risk selection, pricing and account management.

Responsibilities

• Visit existing and potential new brokers to discuss products and procedures such as underwriting appetite, premium collection policy, profitability issues, pricing and coverage issues.
• Capable of handling all lines of business and all types of rating programs.
• Capable of managing a book of business to achieve new business, renewal retention and ROE objectives in support of the Division.
• Handle all aspects of processing the Broker accounts.
• Perform financial analysis on the audited/reviewed financials or other financial information of insureds using appropriate tools.
• Create and solicit renewal applications from the broker after reviewing the expiring policy and loss information.
• Underwrite endorsement requests from brokers and sign‑off where required.
• May assist other underwriters in processing renewals, new business and endorsements.

Skills

Underwriting

Multi-line rating

Paperless work

Excel

Word

Spreadsheets

PowerPoint

Email systems

Education

Commercial underwriting experience

Paperless environment

Excel, Word, PowerPoint

Account management tools

Tools

Excel

Word

PowerPoint

Email systems

Job description

Company Details

W. R. Berkley Corporation, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. Founded in 2004, Berkley Environmental has underwriting and account executive units in seven regions. Berkley Environmental offers an array of coverages for virtually all classes traditionally known to have environmental liability exposures on both an admitted and non‑admitted basis. We provide a comprehensive portfolio of commercial property casualty insurance, automobile liability and workers’ compensation, along with claim services, providing expertise to meet the unique business needs of our customers.

Responsibilities

Within authority, the incumbent will manage assigned brokers to underwrite and process environmental and/or casualty lines for the Environmental Services Industry and/or Environmental lines for any industry segment. Work with assigned brokers to underwrite Pollution, Professional Liability, General Liability, Automobile, Worker Compensation and Excess lines focused on the Environmental industry.

• Visit existing and potential new brokers to discuss our products and procedures such as underwriting appetite, premium collection policy, profitability issues, pricing and coverage issues.
• Possess the capability to handle all lines of business and all types of rating programs.
• Capable of looking beyond individual account transactions; managing a book of business to achieve new business, renewal retention and ROE objectives in support of the Division.
• Handle all aspects of processing the Broker accounts.
• Perform financial analysis on the audited/reviewed financials or other financial information of insures using appropriate tools.
• Create and solicit renewal applications from the broker after reviewing the expiring policy and loss information.
• Underwrite endorsement requests from brokers and sign‑off where required.
• May assist other underwriters in processing renewals, new business and endorsements.

Qualifications

• 3‑5 years of commercial underwriting experience as well as multi‑line rating experience.
• Capable of working in a “paperless” work environment.
• Proficient in Excel, Word, Spreadsheets, PowerPoint and email systems.
• Experience with utilizing available tools in risk selection, pricing and account management.

Education

• 3‑5 years of commercial underwriting experience as well as multi‑line rating experience.
• Capable of working in a “paperless” work environment.
• Proficient in Excel, Word, Spreadsheets, PowerPoint and email systems.
• Experience with utilizing available tools in risk selection, pricing and account management.

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.

• Base Salary Range: $75k–125k
• 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.