Berkley

Surety Executive Underwriter

Location Name CO, Englewood
ID
2024-10813
Date Posted
5 days ago(7/17/2024 3:16 PM)
Company
Berkley Surety Group
Primary Location
US-CO-Englewood
Category
Underwriting

Company Details

Berkley_Surety_Logo

 

Berkley Surety is a highly professional, service-oriented surety underwriting management company, providing a full spectrum of bonds for contract, environmental, and commercial surety accounts through multiple distribution channels in both the United States and Canada. We write on behalf of W. R. Berkley Corporation member company Berkley Insurance Company, which has an A.M. Best rating of A+ (Superior). We pride ourselves on building strong relationships with our agents. We highly value the insight and expertise our agency partners bring to the table which helps us provide timely and predictable surety solutions.

 

The Company is an equal employment opportunity employer. 

Responsibilities

The Surety Executive Underwriter will produce and underwrite new and renewal business from assigned agents/brokers in the primary line of business. Consistently achieve budgeted financial results (premium volume, loss ratio, premium collections and expense management including commissions) through new business acquisition, retention of business, and effective price management as a result of executing personal and branch objectives. Interact and collaborate with a team of Line of Business colleagues and other critical internal/external business associates. Position involves both outside and inside business development and includes direct responsibility for agency development and management within a book of business. 

 

Key functions include but are not limited to:

 

  • Underwrites, assesses, and manages assigned portfolio of accounts in a particular line or lines of business with little or no supervision by his/her Manager and can effectively underwrite both performance and non-performance bonds.
  • Understands and executes personal and branch objectives and strategies in an effort to produce budgeted results.
  • Develops and leverages productive agency/client relationships through a high level of visibility with agents, brokers, and clients in support of business objectives.
  • Plans and executes effective regular travel to develop and enhance new and existing producer and account relationships.
  • Visits new and existing accounts; prepares and shares meeting agendas, obtains follow up documentation, evaluates the accounts and submits timely detailed submission memos for appropriate credit approval.

Qualifications

  • Minimum 4-year degree or related industry experience.
  • Business/Finance/Accounting Majors preferred, but not required.
  • 7-15 years of Surety industry or related experience required.
  • Banking or Credit Analysis background is a plus.
  • Demonstrates the ability to read, analyze, discuss, and interpret financial statements, bond forms, contract documents and government regulations and reach appropriate risk assessment conclusions.
  • Effective oral and written communication skills with the ability to write clear and effective reports and business correspondence so that others will clearly understand the content and the intent. Ability to provide well developed recommendations in support of new and existing accounts, as well as client bond needs.
  • Strong analytical and decision-making skills. Ability to solve practical problems and appropriately deal with a variety of concrete variables in situations where only limited standardization exists.
  • Ability to effectively interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
  • Ability to use the automation tools provided by BSG (i.e. Word, Excel, PowerPoint, Lotus Notes, U/W System, etc.)
  • Must be able to organize and effectively handle medium to complex volumes of information.
  • Ability to work independently and in a team environment.
  • Self-motivation and an out-going orientation with strong customer focus.

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 including:
• Base Salary Range: $110-$165,000
• Eligible to participate in annual discretionary bonus
• Benefits include: Health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing 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.

Sponsorship Details

Sponsorship not Offered for this Role

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