Sr. Underwriter, Specialty Accident - Berkley

Company Details:

 

Berkley Accident and Health is a risk management company that designs innovative solutions to address the unique challenges of each client. With our entrepreneurial culture and a strong emphasis on analytics, we can help employers better manage their risk. We offer a broad range of products, including employer stop loss, benefit captives, provider stop loss, HMO reinsurance, and specialty accident. The key to Berkley’s success is our nimble approach to risk – our ability to quickly understand, think through, and devise a plan that addresses each client’s challenges, coupled with the strong backing of a Fortune 500 company. Our parent company, W. R. Berkley Corporation, is one of the largest and best managed property/casualty insurers in the United States.

 

The company is an equal employment opportunity employer.

Responsibilities:

We have an opportunity for a Senior Underwriter to join our Berkley Accident and Health (BAH) team!  Reporting to our AVP, Underwriting (Specialty Accident Group - travel accident, business travel, etc.).  In addition to traditional A&H products, we offer customized, innovative solutions for niche groups and individuals that have specific needs. Our business model and structure are optimized for speed and agility, solely focused on bringing the best products and customer experience to the A&H marketplace and creating growth opportunities for our business partners. Our team is well known and highly respected in the industry.

 

This role can be based in our offices in either: New York City (Manahttan), or Hamilton, NJ 

 

We have a welcoming culture valuing our employees – we trademarked the phrase Everything Counts, Everyone Matters® to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important and every accomplishment makes a difference in our results. Come join us!   

 

Key functions include but are not limited to:

• Directly accountable for the Specialty Accident underwriting results for the Northeast region, including new business production, account retention, underwriting margin and book profitability targets
• Maintain high standards for underwriting, including risk selection, pricing performance, and account documentation
• Ensure compliance with underwriting best practices and guidelines, ensuring they are implemented appropriately and consistently across the book of business
• Partner with Regional Sales Manager to:
  • develop new distribution relationships in the Northeast region
  • develop and execute regional territory plan in order to establish and meet sales and underwriting goals
  • manage workflow between underwriting and distribution to meet service level expectations, market expectations and brand promise
• Deliver best-in-market service to our distribution partners without sacrificing profitability
• Provide insight into continued development of automated and integrated underwriting administrative platform
• Develop knowledge of and comfort with the full suite of A&H products,able to represent them all in your marketplace
• Work on special projects as assigned

 

 

Qualifications:

• Bachelor's Degree or equivalent experience
• Minimum 5+ years of Accident & Health (A&H) underwriting experience, participant accident and corporate accident preferred, but not required
• An analytical mind; you love to dive into the details of an account in order to craft pricing and coverage that meet underwriting guidelines, profitability models and customer needs
• Incredible empathy and understanding of the needs of our customers, both insureds and their agents alike; you will be an excellent, pro-active advocate for Berkley A&H customers and are passionate about their brand experience
• Exceptional oral and written communication skills; your communication style is flexible to the situation; you communicate clearly and with a purpose
• Calm under pressure; you have excellent organizational skills, integrity, and great follow-through on tasks
• You have a strong sense of accountability, fun and adventure
• A strong customer service bias; you want to get to yes; you are known for your super responsiveness; you can say no and preserve your relationships
• Natural curiosity; you love learning how things work and you are always looking for innovative improvements
• Proficiency with the Microsoft suite of products and policy management and underwriting systems

Additional Company Details:We do not accept any unsolicited resumes from external recruiting firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees including:• Base Salary Range: $105,000 - $125,000 • Eligible to participate in annual discretionary bonus • Benefits include: Health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plansThe 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 RoleJob Description:

BAH - Sr. Underwriter Specialty Accident