Underwriter

 

Berkley Small Business Solutions is a newly formed operating unit within WR Berkley. The new operating unit offers commercial insurance products for small businesses through a modern technology platform that leverages data and analytics to deliver a superior customer experience. In addition, Berkley Small Business Solutions is in its second year of offering insurane products for small trucking operations of fewer than 15 power unit.

 

W. R. Berkley Corporation, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. Each of the operating units in the Berkley group participates in a niche market requiring specialized knowledge about a territory or product. Our competitive advantage lies in our long-term strategy of decentralized operations, allowing each of our units to identify and respond quickly and effectively.

This position will be responsible for helping start up an organization poised to achieve and exceed profitability goals through proper risk selection and account management by utilizing data and analytics.

Responsibilities

• →Review new and renewal commercial insurance risks in the Small Business Transportation Program, working with Motor Carrier, General Liability, and Motor Truck Cargo coverages, forms, underwriting, and risk assessment
• →Determine the accurate classification of business, policy contract forms, and risk pricing; review and act upon pertinent risk information such as loss control reports, motor vehicle reports (MVRs), loss runs, and financial statements.
• →Responsible for book management of an assigned agency territory, including achieving predetermined premium goals and profitability objectives, conducting audits on agency business, effectively communicating the company underwriting philosophy, and assuring compliance with underwriting best practices.
• →Cultivate effective agency relationships in collaboration with the Distribution team; conduct agency visits, communicate expectations, and make recommendations for agency action(s) when appropriate.
• →Provide guidance to Associate Underwriters in technical underwriting matters, including, but not limited to, such procedures as coverages, cancellations, exclusions, endorsements, and non-renewal action.
• →Assist in developing new products, coverage enhancements, and procedures that drive production and processing efficiency.
• →Learn and execute on Workers Compensation, Cyber Risk for future development.
• →May perform other functions as assigned

• 3+ years of related commercial auto (trucking preferred) underwriting experience
• CPCU designation preferred
• Must have experience writing motor carrier insurance auto in multiple states
• GL, Workers Compensation, BOP or CPP experience desired
• Familiarity with FMCSA and Federal DOT financial responsibility requirements including processing.
• Excellent communication skills to work with internal and external stakeholders and customers.
• A self-starter who can manage time effectively and work within a demanding, challenging, and ever-changing environment.
• Ability to work independently but collaboratively.
• Regularly and consistently demonstrates a commitment to company values and guiding principles.

Occasional travel required

• Bachelor's Degree

The Company is an equal employment opportunity employer. Important Outside Agency Notice: Only solicited resumes/candidate profiles that are submitted by a Berkley Preferred Agency Partner that have been requested by Berkley Internal Recruiting to engage in a particular search will be subject to the payment of Agency fees as defined in the formal agency agreement. Any unsolicited resumes/candidate profiles are not subject to payment of the agency fees. The company offers a competitive compensation plan and robust benefits package for full time regular employees. Base salary & Benefits include Health, dental, vision, life, disability, wellness, paid time off, 401(k) and profit-sharing plans. Salary Range: $67k-$80k 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 not Offered for this Role