Berkley

Underwriting Analyst

Location Name AZ, Scottsdale - 7233 E Butherus Drive
ID
2021-5714
Date Posted
4 months ago(9/9/2021 12:56 PM)
Company
Vela Insurance Services
Primary Location
US-AZ-Scottsdale
Category
Underwriting

Company Details

VELA_HorizLogo2019_CMYK

A constellation in the southern hemisphere, Vela means "sails of a ship" in Latin.  In 1996, Vela Insurance Services began operations writing excess and surplus lines casualty business. In the beginning, the primary focus was on construction and manufacturing risks but expanded to write a variety of general casualty and professional liability classes. Today, we offer both national service and local knowledge to our exclusive wholesale broker network and the businesses they serve.

Vela is part of the W.R. Berkley Corporation, founded in 1967, Berkley is one of the nation’s premier commercial lines property casualty insurance providers. 

 

 

Responsibilities

The Vela underwriting team has opportunities for entry level - new college graduates to enter the expansive field of commercial insurance underwriting.

 

The Underwriting Analyst participates in underwriting accounts by gathering, synthesizing and clearly presenting all specific account information to underwriting to decide on the risk.

  • Gather underwriting information to properly evaluate commercial risks for acceptability within company guidelines. Underwrite for profit.
  • Research and solve more complicated problems and make decisions with supervision of underwriter or manager.
  • Review and summarize claims and loss information on individual risks and take the appropriate action.
  • Determine coverage and pricing options for routine commercial risks for underwriters
  • Determine if a risk fits within the guidelines
  • Identify unfavorable risk characteristics and take the appropriate underwriting action as directed.
  • Maintain quality and time standards as established.
  • Stay informed and knowledgeable about current industry issues and activities.
  • Draft quotes for underwriters based on individual risk characteristics
  • Issue quotes, declinations and other communications to brokers.

Qualifications

  • Four (4) year College Degree 
  • Excellent math, analytical and problem-solving skills.
  • Excellent communication skills, written and verbal.
  • Proficient with Microsoft Word, Excel and Outlook. 

Additional Company Details

The Company is an equal employment opportunity employer.

Additional Requirements

COVID-19 vaccine required unless prohibited by law.

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