Berkley

Senior Underwriter

Location Name AZ, Scottsdale - 14902 N 73rd Street
ID
2024-10402
Date Posted
3 days ago(5/15/2024 12:04 PM)
Company
Berkley Aspire
Primary Location
US-AZ-Scottsdale
Category
Underwriting

Company Details

Berkley_Aspire_Logo

Berkley Aspire is an excess & surplus lines insurer of commercial risks unable to find a home in the standard markets. We are an operating unit of WR Berkley, a publicly traded (NYSE “WRB”) global insurer founded in 1967. 

 

We make excess & surplus lines easy – easy for our distribution partners, easy for the businesses they represent, and easy to navigate. The lines of coverage we underwrite include general liability, property, and excess liability. Our model is different than our competitors – we do the premium billing and do not add interest/ finance percentage, we offer enhanced commissions, and we handle the stamping, affidavit filings, and other behind-the-scenes paperwork. 

 

Our company culture is entrepreneurial, employee centric, and focused on sustainable growth. Aspire teammates work either remotely or on a hybrid schedule from offices in Scottsdale, Cincinnati, and Richmond. If you are looking for a company that offers room for advancement, great benefits, and positive vibes, then Aspire may be the place for you!

 

www.berkleyaspire.com

Responsibilities

Berkley Aspire is seeking a Senior Underwriter to join our dynamic E&S team.   This role can be located on a hybrid schedule in any of our offices - Scottsdale, AZ, Richmond, VA or West Chester, Ohio.  It can also be remote for the right candidate.

 

The Senior Underwriter will work with team to underwrite new business submissions and help service book of business and meet overall business objectives.   Risk transactions include, but are not limited to new business underwriting, inspections, endorsements, renewal underwriting and audits.

Specific Duties

  • Review and Underwrite new business submissions for acceptability according to authority granted.
  • Serve as the primary back up for the Territory Manager and the Underwriting team.
  • Review and underwrite fast track and non-fast track renewals as needed, based upon authority granted, achieving renewal premium retention and rate change objectives.
  • Make sound risk and pricing decisions that achieve profitable loss ratios.
  • Maintain underwriting quality score of 90% or greater. Document underwriting file to support acceptability and pricing in accordance with company guideline
  • Achieve designated customer service standards.
  • Provide detailed issuance instructions to ensure policy is delivered consistent with quoted terms and conditions and in accordance with established guidelines relative to policy construction.
  • Review mid-term endorsement requests for acceptability up to the authority granted.
  • Review inspections to confirm accounts written are consistent with preliminary underwriting information and refer to underwriter when the inspection reveals unacceptable risk characteristics.
  • Utilize various underwriting tools to determine acceptable risk characteristics, accurate classifications, insurance to value, calculate rates, etc.
  • Review audits and refer to underwriter based upon authority granted.
  • Assist with training, mentoring and coaching of less experienced team members.

Qualifications

  • Surplus lines experience is preferred.
  • Basic knowledge of computer programs in a Windows environment, including Word, Excel and E-mail is required.
  • Prior experience working in a paperless environment, including familiarity with on-line underwriting tools is preferred (e.g. SAGE, Silver Plume, and Reference Connect).
  • Advanced professional insurance coursework (i.e., CPCU, ASLI, AU) or completion of other-insurance related classes is preferred.
  • College degree and a minimum of 3 years of commercial lines experience.  Or, a minimum of 5 years demonstrated success in commercial lines property casualty insurance businesses.

Additional Company Details

The Company is an equal employment opportunity employer.

We do not accept any unsolicited resumes from external 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.

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