Berkley

Senior Excess Casualty Underwriter

Location Name AZ, Scottsdale - 7233 E Butherus Drive
ID
2021-5020
Date Posted
3 days ago(5/6/2021 3:54 PM)
Company
Nautilus Insurance Group
Primary Location
US-AZ-Scottsdale
Loc2
GA, Atlanta - 2 Ravinia Drive - Suite 1000
Loc3
IL, Chicago - 550 W Jackson Blvd - 3rd Floor
Loc4
VA, Glen Allen - 4820 Lake Brook - Suite 200
Category
Underwriting

Company Details

Nautilus_Logo

 

Nautilus Insurance Group is a strong underwriting Company and respected leader in the E&S industry. Our culture promotes creativity, integrity and respect, allowing us to attract and retain quality employees. Nautilus is a subsidiary of the W. R. Berkley Corporation, a Fortune 500 company recognized as one of the most respected names in the property casualty insurance industry. Nautilus writes Commercial Excess and Surplus Lines business in all 50 states.


About W. R. Berkley Corporation W. R. Berkley Corporation, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. Each of the operating units in the Berkley group participates in a niche market requiring specialized knowledge about a territory or product. Our competitive advantage lies in our long-term strategy of decentralized operations, allowing each of our units to identify and respond quickly and effectively.

Responsibilities

This role contributes to driving company results with a strong focus on agency relationships. Apply sound decision-making to underwrite business that contributes to a profitable Excess Casualty portfolio. Effective underwriting in the middle market binding space with working knowledge of General Liability, Commercial Automobile, Employer’s Liability, light Professional Liability.

  • Underwrite and analyze risk acceptability on light to moderately complex business by applying sound underwriting judgment and adhering to NIC company policies within established authority.
  • Determine profitable rate/price and capacity offerings based on individual risk exposure.
  • Handle an existing portfolio of Excess Casualty business ensuring profitability while maintaining the integrity of the product line.
  • Reviews new and renewal accounts to verify issuance is in compliance with NIC underwriting guidelines, addresses discrepancies as needed, and enters information into appropriate systems.
  • Use multiple resources to gather and analyze information and use logic to underwrite complex risks.
  • Creates, analyzes and interprets data from various systems and underwriting resources.
  • Keep abreast of industry market trends, competition philosophy, products and distributions systems.
  • Maintain and foster positive agency relationships.
  • Negotiate skillfully in tough situations with both internal and external groups to settle differences in a professional manner.
  • Collaborates with underwriting team as well as other departments on underwriting philosophy.
  • Effectively communicates (written/verbal) information to both internal and external customers to ensure our standards of excellence are maintained.
  • Maintains confidentiality with discretion and integrity with both internal and external information.
  • Maintains familiarity with state laws and filing requirements within assigned territory to properly transact business within a state.
  • Monitors the amount of insurance in force on a single risk or group of closely related risks.  Evaluates possibility of catastrophe losses and takes necessary action, as needed.
  • Occasionally requested to assist with the development of special programs, underwriting procedures, and educational seminars.
  • Composes reports and business correspondence such as travel summaries, agendas, and meeting minutes.
  • Provides guidance and support to less experienced team members within the department.
  • Performs other duties as assigned.

Qualifications

  • A minimum of five (5) years of experience in underwriting Commercial Umbrella/Excess business which includes extensive knowledge of Commercial General Liability and Commercial Automobile.
  • Excess and Surplus lines background required.
  • Strong existing marketing relationships within the MGA space with experience in a production underwriting role.
  • In-depth underwriting expertise across general classes of business with the ability to handle complex accounts.
  • Capability to learn and utilize various underwriting applications to determine accurate classifications and calculate rates and premium charges using approved rating methods.
  • Excellent problem solving/decision making skills with the ability to influence others.
  • Basic to intermediate knowledge of computer programs in a Windows environment, including Word, Excel and email.

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