Berkley

Underwriter

Location Name NJ, Hamilton Square
ID
2020-4329
Date Posted
3 months ago(10/22/2020 12:36 PM)
Company
Berkley Accident & Health
Primary Location
US-NJ-Hamilton Square
Category
Underwriting

Company Details

Berkley_Accident_&_Health_Logo

Responsibilities

The Stop Loss Underwriter will seek profitable growth of the company’s portfolio of business by analyzing and selecting risks based on qualified underwriting criteria that adhere to the company’s established underwriting guidelines. S/he works closely with more seasoned underwriting staff to develop more advanced underwriting acumen over time. Additionally, the Underwriter will be responsible for gaining a more thorough understanding of the Company’s clinical, actuarial, claims and distribution departments, all of which will advance the Underwriter’s experience and judgement levels. Duties and responsibilities include but are not limited to:

  • Write and retain profitable stop loss cases adhering to the company’s guidelines and within assigned letter of authority.
  • Establish the basics of medical underwriting by training with and learning from the Company’s internal Clinical Underwriting staff.
  • Properly complete and clearly articulate thought process around risk selection and pricing for efficient reviews with underwriting management and clinical staff.
  • Become acquainted with target production sources as well as BAH Sales and Account Management teams and begin establishing his/her own relationships using effective forms of communication. 
  • Accurately document underwriting thought process and authority reviews through company journal and filing system.

Qualifications

  • Bachelor’s Degree and 3+ years of Stop Loss Underwriting experience or equivalent combination of education and experience
  • A basic understanding of stop loss market dynamics, risk management strategies, and a strong desire to stay ahead of emerging risks in the market.
  • A basic skillset in the areas of math, communication and negotiation, with a strong desire to grow these skillsets under the direction and training of more seasoned staff.
  • Strong time management skills and self-discipline to effectively manage a large case load volume during peak production cycles.
  • Proficiency in Microsoft applications including Word, Excel and Outlook.
  • Experience with David Young System (preferred)
  • Must exhibit professional behavior at all times while representing or being identified as an employee of the company
  • Establish and maintain positive working relationships with all operational areas, management and staff to further the company’s mission
  • Strong consulting and interpersonal skills with an ability to interact with brokers, clients and service vendors.

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