Berkley

  • Commercial Underwriter Specialist

    Location Name IA, Urbandale - 11201 Douglas Avenue
    ID
    2018-1967
    Date Posted
    2 weeks ago(10/4/2018 6:12 PM)
    Company
    Berkley Agribusiness
    Primary Location
    US-IA-Urbandale
    Category
    Underwriting
  • Company Details

    Berkley Agribusiness

    Berkley Agribusiness is an innovative company that values its customers and associates.  By joining our team, you will reap the benefits of flexible work hours, collaborative teams, and many networking opportunities.  We offer competitive salaries, excellent benefits and an opportunity for personal and professional growth. 

    Responsibilities

    Summary

    Accepts, retains and prices agribusiness insurance risks of significant size or technical complexity in

    accordance with established underwriting guidelines and within delegated authority level. Manages book of

    business to achieve profitable growth objectives by properly classifying and pricing risks; building strong

    internal and external business relationships; analyzing competitive marketing data, and developing,

    implementing and monitoring action plans as appropriate. Serves as the point of contact for assigned agencies

    and is responsible for the agency relationship. Assists management with product development and staff

    underwriting responsibilities; and serves as technical underwriting resource to the underwriting team.

     

    Essential Duties & Responsibilities

    Assesses new commercial agribusiness insurance risks and determines accurate classification of business,

    policy contract forms and pricing of risk. Works within broad limits and authority on commercial

    underwriting accounts of significant size or high technical complexity. Evaluates property (COPE)

    information, liability exposures, fleet and safety programs, loss history, financial reports, risk control reports,

    etc. Accepts and prices risk in accordance with established underwriting guidelines and within delegated

    authority level. 25%

     

    Reviews renewal accounts by examining business operations, classification, contract forms and loss activity.

    Determines if account is an acceptable risk or if it will be non-renewed. Determines price in accordance with

    established underwriting guidelines and within delegated authority level. Reviews accounts and endorsement

    requests exceeding Senior Underwriter, Underwriter or Underwriting Assistant’s authority level and takes

    appropriate procedural action. 25%

     

    Develops, expands and/or enhances agency relationships to promote profitability and growth of new business

    and the retention of existing business. Travels and meets with agents and customers to enhance business

    relationships. Educates agency staff on pricing, product set and risk selection philosophy. Participates in the

    agency management process. Assesses the strengths and weaknesses of agencies and assists them in

    achieving the mutual goal of sustained profitable growth. 20%

     

    Identifies new business opportunities from the agency force to assess, quote, inspect and accept. Collaborates

    with Underwriting team, Risk Control, Claims, IT and Senior Management to create strong agency partnerships

    and build a profitable book of business. Effectively manages book of business to achieve established

    profitability, growth and retention goals. 15%

     

    Serves as a technical underwriting resource to underwriting staff and agents regarding products, coverages

    and rating procedures. Assists underwriting management with product development and underwriting file

    reviews. Provides professional development knowledge and guidance to Senior Underwriters, Underwriters, Underwriting Assistants and other functional areas. 5% Identifies accounts that require placement of facultative reinsurance and facilitates placement through W.R. Berkley Corporation approved markets. 5% Analyzes agency results, competitive marketing data and operating environment of territory/agency. Stays current on relevant insurance industry trends and issues. 5% Performs other related duties as assigned by management.

    Qualifications

    Education & Experience

    Bachelor's degree; minimum of 10 years commercial underwriting experience and/or training; or equivalent combination of education and experience. Demonstrates in-depth knowledge of commercial underwriting guidelines, insurance forms and coverages and a proven ability to exercise good judgment and creativity when assessing and accepting large and/or technically complex commercial risks. Commercial agribusiness underwriting experience.

     

    Knowledge, Skills & Abilities

    Ability to travel as needed; effectively and professionally respond to inquiries from external customers; organize, prioritize and manage multiple tasks in a fast-paced environment; communicate effectively with all levels of the organization. Possess strong customer orientation; problem analysis and problem resolution skills; and effective interpersonal and communication skills including presentation skills. Regularly and consistently demonstrates commitment to company values and guiding principles. Proficient with Microsoft Word, Excel, PowerPoint and Outlook.

     

    Licenses/Certifications/Designations

    Valid driver’s license for travel. Completion of or working toward AU, CPCU or similar designation.

     

    Physical Demands

    While performing the duties of this job, the employee is regularly required to be seated for sustained periods of time; use fingers to pick up, pinch, twist, or keyboard; express themselves by speaking includes conveying detailed or important spoken information accurately; distinguish sounds at normal levels (with or without correction); be able to receive detailed information orally; and move wrists, hands and/or fingers repetitively. The employee is occasionally required to move about on foot to accomplish tasks; extend their hands/arms in any direction; raise or lower objects or move objects from place to place; hold onto objects with their fingers/palms; and operate a motor vehicle. The employee must occasionally lift or exert force up to 10 pounds. Specific vision abilities required by this job include close vision and ability to adjust focus.

     

    Work Environment

    While performing the duties of this job, the employee is occasionally exposed to outside weather conditions when traveling. Incumbent normally engages in typical office or administrative work. The noise level in the work environment is usually moderate (business office with computers and printers).

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