Berkley

AVP, Underwriting

Location Name IL, Chicago - 550 W Jackson Blvd - 3rd Floor
ID
2024-11314
Date Posted
1 month ago(10/16/2024 11:26 AM)
Company
Berkley Product Protection
Primary Location
US-IL-Chicago
Category
Underwriting

Company Details

Berkley_Product Protection

Berkley Product Protection (‘BPP’) is an operating unit of W.R. Berkley Corporation, one of America’s largest commercial lines writers in the United States. This is an exciting opportunity to join a recently re-branded Berkley Product Protection team (previously called Berkley Global Product Recall).  The team consists of product recall and liability specialists and is focused on a sustainable recall offering and its expansion into admitted/non-admitted product liability. We are a collaborative, dedicated, knowledgeable teams and offer unique, tailored liability solutions to higher hazard, more difficult to insure, unique and unusual products-oriented accounts.

 

The company is an equal employment opportunity employer.

Responsibilities

This position is a critical member of the underwriting team reporting to the SVP/Chief Underwriting Officer. The primary goal of this position is to profitably grow a book of business by actively partnering with wholesale and retail brokers, while providing them with a stable market and admitted/non-admitted paper for the more difficult to place underwriting risks. This person will develop and maintain agency relationships, and execute underwriting decisions using underwriting rules, designated authority, and collaboration as needed.  

 

This role can be located in our Chicago, Dallas, or Atlanta office on a hybrid schedule. 

Duties and responsibilities include but are not limited to:

  • Sales and Marketing of General Liability and Excess/Umbrella products to existing and new brokers (with product exposures)
  • Underwrites, structures, and prices profitable general liability and excess/umbrella business.
  • Interfaces with claims, loss control, billing, and audit as necessary
  • Travels to industry events and broker meetings, as necessary
  • Proactively reviews insurance offerings including wording, proposals and endorsements
  • Acts as a liability resource to BPP teammates and to other functional areas.
  • Keeps current on emerging issues and trends in the liability sphere.

 

#hybrid

#underwriter

#product liablity

#LI-RS1

Qualifications

  • Minimum of 7-10 years commercial liability underwriting experience, with 3-5 years of product exposure underwriting ideal
  • Experience with, or strong knowledge of, loss sensitive approaches (deductible and/or SIRs) is preferred.
  • Demonstrated technical underwriting expertise and product specific knowledge
  • Strong analytical and problem-solving skills in addition to strong interpersonal, communication & negotiation skills
  • Demonstrated proficiency in sales and marketing
  • Strong written and verbal communication, negotiation and interpersonal skills
  • Exemplifies superior teamwork
  • Ability to travel 15-25%
  • Bachelor's degree

Additional Company Details

We do not accept any unsolicited resumes from external search 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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