Berkley

Underwriting Associate

Location Name CA, San Francisco
ID
2021-6156
Date Posted
2 weeks ago(11/19/2021 3:40 PM)
Company
Berkley Technology Und
Primary Location
US-CA-San Francisco
Category
Underwriting

Company Details

Berkley Tech Und_Logo

 

We are a global insurance provider offering property, casualty and professional insurance coverage for technology companies presenting exposures worldwide.

Responsibilities

The Underwriting Associate, a key contributor within the Berkley Technology Underwriters (BTU) organization, is responsible for analyzing, underwriting and servicing insurance products for an assigned territory.  While this position is in the Underwriting Department, this role also works closely with other departments within the organization to ensure compliance with regulators and company underwriting protocol and guidelines. 

 

Key functions include but are not limited to the following:

  • Build strong relationships with internal and external customers and colleagues to ensure financial goals including growth, profit, rate and premium retention are attained.
  • Demonstrate the ability to negotiate, strategize and make sound underwriting decisions within authority.
  • Review all and analyze endorsement submissions and stay within applicable binding authority.
  • Drive renewal process, review upcoming renewals, work with producers to obtain and evaluate all underwriting information, prepare and partner for renewal with Underwriting Specialist.
  • Manage assigned book to achieve budgeted rate, retention and new business goals.
  • Execute proper pricing components and rating methodologies.
  • Responsible for account solicitation, risk selection, research and analysis including the corresponding documentation and pricing of BTU insurance products and services for new and existing customers.
  • Analyze, assess and select risks in accordance with BTU for account rounding goals.
  • Responds accurately and timely to coverage inquiries from producers.
  • Stay current with all compliance, procedural and workflow changes.
  • Work collaboratively and effectively with underwriting team, operations staff, risk management, claims, regulatory, premium audit and BTU corporate management.

Qualifications

  • Minimum of 2-4 years of rating and/or underwriting experience including property, general liability, workers compensation and automobile insurance.
  • Experience handling Commercial Technology Companies/exposures is a plus, but not required.
  • Exceptional oral and written communication skills.
  • Excellent organizational skills, integrity, and great follow-through on tasks.
  • Comfortable challenging norms while working collaboratively with colleagues at all levels of the organization.
  • Ability to work independently as well as part of a team.
  • Proven track record of building and maintaining strong business relationships with insureds, agents & brokers.
  • Strong customer service skills, strive to respond to the customers and ensure timeliness.
  • An analytical mind, diving into the details of an account in order to craft pricing and coverage that meet underwriting guidelines, profitability models and customer needs.
  • Advanced proficiency with the Microsoft suite of products
  • West Coast Time Zone preferred but not required.

 

Berkley Core Competencies

Communication

Customer Focus and Teamwork

Flexibility

Delivers Results

Technical & Job Excellence

Accountability

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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