Underwriter Trainee

Company Details

Berkley Edge offers solutions for hard-to-place and distressed risks for both professional and casualty lines of business.  Edge will focus on small to mid-sized risks through a wholesale only distribution model.

 

Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.  Along the way, we have been listed on the New York Stock Exchange, seen our revenue soar well past $10 billion, and become a well-respected Fortune 500 Company.

 

The Company is an equal employment opportunity employer.

Responsibilities

The Underwriter will maintain contributory responsibility for Professional Liability underwriting, including revenue growth, profitability and competitiveness by directing the activities for an underwriting function or team but overall sole responsibility for an individual book of business. Oversees policy applications, renewals, repricing, restrictions, and cancellations to determine risk acceptability and coverage.  May be involved in planning and implementing administrative, technical and operational direction toward achieving defined goals and objectives. Focus is maintained on their assigned brokers to foster growth, understanding of our business, marketing of our appetite and initiatives as well as the key point person for resolution of service issues.

 

• Skill and knowledge of broker/agency management and relationship building
• Expected to maintain and develop broker relationships
• Track record of uncovering, researching and putting together new product line opportunities by applying appropriate underwriting strategies and standards to qualify risk acceptability.
• Ability to work effectively and within an assigned level of underwriting authority.
• Experience planning, orchestrating, and leading highly effective broker meetings.
• Negotiates standard coverage issues, closes sale, and gauges customer satisfaction
• Ability to meet or exceed designated LOB production metrics
• Strong technical knowledge regarding underwriting, coverage and pricing within a particular product line
• Proven ability to build and maintain strong productive relationships with individual brokers
• Provide timely, courteous and efficient service to all internal and external clients
• Ability to identify and call appropriate attention to broker performance issues
• Understanding of pricing and risk selection criteria

Qualifications

 

• Ability to manage multiple, complex assignments and competing priorities in a fast-paced, dynamic, and sometimes ambiguous environment• Minimum of 3 years’ experience in the Excess & Surplus lines space• Experience writing primary and excess professional liability (preferred)• Resourceful and analytical, with the ability to execute tasks through to resolution• Strong oral and written communication skills with a positive attitude• Detail-oriented with initiative and ability to work in a fast-paced team environment• Focus on delivering exceptional customer service• Excellent communication and interpersonal skills• Ability to work independently as well as part of a team• High sense of urgency and ability to identify and resolve issues• Ability to travel, as needed• Computer literate, including use of Word, Excel, and various project management tools• Working knowledge of and contacts within the wholesale agency distribution system (strongly preferred)

 

Education Requirement

• College degree or equivalent work experience with demonstrated involvement in insurance industry education• RPLU designation a plus

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. 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.

Additional Requirements

Location and Travel: • Saint Petersburg, FL. • Travel: Ability to travel as needed.

Sponsorship Details

Sponsorship not Offered for this Role