Berkley

AVP, Excess Casualty Underwriting

Location Name IL, Chicago - 550 W Jackson Blvd - 5th Floor
ID
2022-6705
Date Posted
2 months ago(7/28/2023 10:18 AM)
Company
Berkley Custom Insurance Managers
Primary Location
US-IL-Chicago
Loc2
IL, Chicago - 550 W Jackson Blvd - 5th Floor
Category
Underwriting

Company Details

Berkley_Custom_Logo

 

From middle market to Fortune 500 companies, at Berkley Custom our Excess Casualty team is committed to providing excellent service and a consistent approach to meet the needs of our brokers and their customers.
We seek to outperform our competitors with a focus on understanding client’s priorities and developing creative risk solutions to meet their long-term needs. Our key differentiators include the following:

 

EXCLUSIVE WHOLESALE MARKET – We are committed to the wholesale brokerage community and continually build upon long established relationships with a passion for superior service for our appointed producers.

 

OUR PROFESSIONALS – We attract and retain professionals with significant excess insurance experience, many over 25 years, with a culture that promotes integrity, excellence and respect.

 

LONG-TERM APPROACH TO ACCOUNTS – We continually seek partners for the long term who share our values and our risk management discipline.

 

Long-term relationships have been Berkley’s trademark in over 30 years of serving customers in the Excess & Surplus marketplace. Berkley Custom has attracted and retained a team of production oriented excess casualty underwriting professionals who thrive within a culture that promotes integrity, excellence, and respect.

 

Responsibilities

Production-oriented underwriting position responsible for all aspects of growing and managing a profitable book of excess casualty business. Success comes from a dedication to the underwriting trade and a long-term approach to every aspect of the business, including relationship and risk management discipline.

 

  • Manage and grow a high-quality excess casualty insurance portfolio working through your network of wholesale broker partners.
    • Position requires the ability to leverage your network of industry relationships and grow portfolio utilizing Berkley Custom’s proprietary playbook and broad underwriting appetite.
    • Ensures the achievement of continued improved profitability, growth and/or operational efficiencies for the portfolio through assessment of risk tolerance, market appetite and emerging risk issues.
    • Determines the acceptability, quality and profitability of new and existing business based on company underwriting guidelines and objectives.
    • Develop insurance proposals, prepare policies and endorsements, obtain required underwriting approvals where needed.
    • Travel to conduct broker marketing meetings and attend industry events as determined by management.
    • Contribute to the firmwide development of underwriting operations, marketing plans, product analysis, services, geographic focus and broker intelligence.
    • Effectively communicate and collaborate with other leaders with Berkley Custom to broaden knowledge of trends, opportunities, and technical knowledge of pricing.

Qualifications

  • Must be a successful, production oriented, excess casualty underwriting executive with strong go-to relationships within the wholesale brokerage channel.
  • Demonstrated success within a matrix reporting environment: the ability to lead and influence across the organization by virtue of your ability to produce high quality business.
  • Strong technical knowledge of excess casualty underwriting theories and practices, broad understanding of the specialty insurance market and operations (Risk Control, Actuarial, Claim, Finance and Compliance).
  • Established network of wholesale brokers ready to work with you and find creative solutions.
  • Strong independent initiative and drive for high quality results
  • Ability and desire to effectively interact and communicate with all levels of external and/or internal business partners – this will be a highly visible role.
  • Demonstrated success building consensus and influencing business partners.
  • Strong natural presentation, leadership, and project management skills.
  • Unwavering demonstration of integrity, respect and professionalism.
  • Ability to drive results by identifying and resolving issues, as well as developing and executing strategies for taking advantage of opportunities.
  • Well-defined analytical skills and data analysis ability

 

Education Requirement

 

  • Bachelor's degree (B. A.) from a four-year college or university; or 10-15 years related experience and/or training; or equivalent combination of education and experience.

Additional Company Details

The Company is an equal employment opportunity employer.

We do not accept any unsolicited resumes from external recruiting agencies or firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees.

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

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