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We have an opportunity for an Underwriter to join our Berkley One team! You will be responsible for transactional underwriting and functions associated with underwriting risks on behalf of our high net worth clients. We have four openings available (due to growth - very exciting!). These roles can be based in our offices in either: Chicago, IL or Morristown, NJ
We have a welcoming culture valuing our employees – we trademarked the phrase Everything Counts, Everyone Matters® to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important and every accomplishment makes a difference in our results. Come join us!
Key functions include but are not limited to:
- In our rapidly growing environment, new business is the focus of the underwriter’s day at Berkley One; you will use your excellent experience and decision-making skills to seek the most profitable business
- Protect our portfolio by collaborating with risk management to identify and recommend solutions that ultimately make the risk better than when it started
- Innovate with the team and larger organization to effect the changes you want to see whether it be in the day to day or larger organization priorities
- Partner with a designated group of agents with focus on individuals and creating Berkley One champions by building strong relationships, coaching on new business solutions, and taking time to understand what’s most important to the agent and client
- Consult and help agents understand our appetite and apply that knowledge to risk selection
- Utilize our cutting-edge technology tools that help you monitor the quality of your book of business and use the knowledge in your individual decisions
- Collaborate with Distribution and Marketing colleagues to co-create plans that drive the business
Drives distribution partner acquisition and profitable new business growth within assigned territory. Collaborates with Executive Portfolio Underwriter and Portfolio Underwriting team partners in alignment with retention goals and to ensure coordinated communication with distribution partners. Applies advanced level Underwriting, Sales, and Distribution Management skills to support overall book management.
• Responsible for identifying, evaluating, and recommending new distribution partners and ensures that partner goals and strategies are in line with the company's overarching objectives.
• Oversees the initial training and ongoing education of agency partners on systems, processes, appetite, and underwriting criteria.
• Facilitates comprehensive performance evaluations and book reviews with distribution partners, focusing on key metrics such as sales targets, risk quality, profitability, and compliance.
• Analyzes new business submissions, determines acceptability of renewal risk in accordance with Company guidelines and practices in order to make profitable underwriting decisions. Applies underwriting guidelines and appetite to risk selection and pricing. Consults and negotiates with agents to package appropriate solutions to meet the needs of the insured while ensuring profitable outcomes for BFM.
• Collaborates with Portfolio Underwriters to maintain a healthy book of business consisting of varied inland marine and property classes, risk size, and complexity. Evaluates underwriting performance based on financial analysis. Includes rate, reserve adequacy, operational execution, planning and product reviews.
• Prepares reports to management concerning quality, quantity, and profitability of risks renewed and non-renewals.
• Serves as consultant to less experienced Portfolio and Sales Underwriters in areas of subject matter expertise.
• Consults with management on risks exceeding authority level or requiring special handling.
We have an opportunity for an Underwriting Technician to join our team! You will be responsible for supporting all Underwriting functions at Berkley One. We have two openings available. These roles can be based in our offices in either: Morristown, NJ or Chicago, IL.
We have a welcoming culture valuing our employees – we trademarked the phrase Everything Counts, Everyone Matters® to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important and every accomplishment makes a difference in our results. Come join us!
Key functions include but are not limited to:
- Manage accounts post issuance, involving the Underwriter as needed
- Conduct primary underwriting review of select new business opportunities with focus on optimizing our competitive position or gathering pertinent underwriting information and then responding to agents or involving the underwriter as needed
- Process renewal and endorsement transactions within authority and engage underwriters with thoughtful reviews for items exceeding granted authority
- Support overall underwriting book, ensuring timely processing of work and focus on retention of profitable accounts
- Other work and projects as assigned
We have an opportunity for an Underwriter to join our Berkley One team! You will be responsible for transactional underwriting and functions associated with underwriting risks on behalf of our high net worth clients. We have four openings available (due to growth - very exciting!). These roles can be based in our offices in either: Morristown, NJ or Chicago, IL.
We have a welcoming culture valuing our employees – we trademarked the phrase Everything Counts, Everyone Matters® to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important and every accomplishment makes a difference in our results. Come join us!
Key functions include but are not limited to:
- In our rapidly growing environment, new business is the focus of the underwriter’s day at Berkley One; you will use your excellent experience and decision-making skills to seek the most profitable business
- Protect our portfolio by collaborating with risk management to identify and recommend solutions that ultimately make the risk better than when it started
- Innovate with the team and larger organization to effect the changes you want to see whether it be in the day to day or larger organization priorities
- Partner with a designated group of agents with focus on individuals and creating Berkley One champions by building strong relationships, coaching on new business solutions, and taking time to understand what’s most important to the agent and client
- Consult and help agents understand our appetite and apply that knowledge to risk selection
- Utilize our cutting-edge technology tools that help you monitor the quality of your book of business and use the knowledge in your individual decisions
- Collaborate with Distribution and Marketing colleagues to co-create plans that drive the business
Nautilus Insurance is seeking an experienced casualty underwriter for the Light Brokerage business. This role will be located in our Scottsdale headquarters, or potentially remotely for a highly qualified candidate.
The Underwriting Consultant, Light Brokerage primary job function includes [1] developing a comprehensive knowledge of the company’s appetite in this product space and an industry awareness in relation to opportunities and threats, [2] underwriting, including communicating appetite, rate and underwriting information to assigned agents, and [3] support the underwriting process through training of new hires or through developing associates.
Specific duties:
- Underwrites select risks in accordance with company guidelines for acceptability and rate.
- Markets, builds, and strengthens relationships with key producers within agencies that can produce a flow of preferred business to meet targets.
- Maintains profitable book of business including monitoring book for trends, profitability, and growth.
- Assess agent performance based on profitability, growth, quality of submissions, bind ratios, and other key performance indicators.
- Analyzes market conditions and provide suggestions for needed changes in forms, endorsements, and rates including opportunities for market or product expansion or enhancement.
- Collaborates with Contract Bind production underwriting teams along with Light Brokerage teammates to ensure proper placement of a risk and communicate market/agent trends and issues between divisions.
- Communicates product, rate, and form changes as appropriate with external customers.
- Corresponds or consults with agents, brokers, and other interested persons to determine feasibility and marketability of new products to meet competition and increase sales.
- Contributes to the development and maintenance of E-Guide, enhancements on web portal and other electronic products that may arise including notification of changes to internal and external customers.
- Provides guidance and support to less experienced team members within the department.
- Develops and implements, with the help of the Product Development team, new opportunities for product expansion to drive more profitable business to the portfolio
- Reviews industry publications and monitors pending legislation and regulations to determine impact of new developments on company insurance products.
- Proficient at creating manuscript policy language with the help of Forms and Legal teams.
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When you join our team as a Senior Commercial Lines Underwriter, you'll be a key member of our organization and play a pivotal role in managing and expanding our existing book of business while actively pursuing new opportunities for growth.
What you can expect:
- Supportive leaders who prioritize you, the Underwriter, coupled with highly colleagial network of peers who encourage collaboration across the enterprise
- Internal mobility opportunities, growth and learning
- Visibility to senior leaders and partnership with cross functional teams
- Culture of innovation
- Benefits – competitive salary, paid time off, comprehensive wellness benefits and programs, employer funded health savings account, profit sharing, 401k, paid parental leave, employee stock purchase plan, tuition assistance and professional continuing education
We'll count on you to:
- Manage and grow assigned book of business, leveraging your extensive experience to evaluate risks and determine optimal terms, conditions, and pricing to meet company profit objectives.
- Collaborate with agents and brokers to foster productive and profitable relationships, ensuring adherence to company underwriting guidelines.
- Underwrite new business and renewals within established authority, while adhering to company reinsurance treaties and corresponding effectively with agencies to gather necessary information.
- Contribute to the development of new products, pricing strategies, and coverage enhancements in collaboration with the Commercial Lines Vice President.
- Maintain an established loss ratio and meet production goals while delivering exceptional service in a timely manner.
- Foster customer development and relationships through proactive agency visitation and prospect calls within the assigned territory.
- Participate in ongoing education and training opportunities to stay abreast of industry developments and further enhance your expertise.
- Serve as a knowledgeable resource for staff, disseminating updates on industry trends and best practices. Assist in the training and development of other personnel as directed, contributing to the overall success and growth of the team. Provide mentorship and guidance to less experienced underwriters, serving as an informal leader within the branch.
Our Berkley Mid-Atlantic Executive Sales Underwriter maintains responsibility for underwriting, including growth and profitability, for an individual book of business while also maintaining the sales and territory management functions for that same book of business. They will oversee new business as well as manage a renewal book, including risk selection, pricing, setting terms and conditions as well as handle endorsements, agency requests, loss control, audits, etc.
Detailed Areas of Focus
Underwriting
- Demonstrate broad knowledge of the business, the marketplace and the company’s overall goals, objectives and performance measures through effective deliver of all products and services
- Act as a referral source, within assigned authority, on coverage and pricing
- Achieve profitable growth through effective use of underwriting and business skills in assigned territory
- Gather and analyze information to determine risk acceptability
- Recognize and advocate certain expectations to underwriting standards and create viable options
- Identify critical exposures, trends, and opportunities and develop strategies to address them
- Assess rate adequacy relative to exposure
- Recognize and negotiate advanced coverage and pricing issues
- Demonstrate advanced selling skills
Territory Management – for Assigned Territory, Participate in:
- Development of territory game plan and overall strategy in unison with BMAG vision (current and future)
- Agency reviews (at least quarterly)
- Organize incentives (monetary or NYC events, super producer events)
- Facilitate profit sharing delivery
Agency Management – for Assigned Territory, Complete:
- Profit sharing updates throughout the year, with focus on next level achievement (maximize revenue)
- Progress reports to plan and other incentives, monitor joint business plan
- Find a niche, questioning and developing agents’ books and matching with our UW appetite
- Schedule virtual and in person visits with pre-call agenda, inviting pertinent internal (and external) people
- Leveraging who we are, what we do to gain elite partnership with agency and perpetuate agency to top 3 of their carrier line up
Marketing
- Communication of target appetite
- Distribute marketing messages that are developed and tailored to the agency
- Facilitate leads and marketing to agents and/or producers
Resolution of
- Product, Billing, Pricing, Relationship, Service, Claims and Automation issues by vetting problem and then bringing in the applicable partners to resolve
Internal Partnering with BMAG and other WRB companies
- Provide competitor/market intel for product development
- Collaborate with Sales Peers across the Berkley family of companies
- Offer Solutions with everything Berkley
Embark on an exciting journey as an Underwriter Trainee with Acadia Insurance! This is your chance to be part of a structured training program that combines coursework, classroom learning, and hands-on experience that will provide the foundation for a career in insurance. Immerse yourself in the world of property and casualty products, risk management, underwriting philosophy, and cutting-edge strategies that define our industry leadership. Key functions will include but are not limited to:
- Participate in a 4–6-month formal training program to learn fundamentals of property & casualty insurance.
- Complete work and reading projects and pass required exams.
- Establish good working relationships with colleagues and management staff.
- Attain a basic working knowledge of state regulatory requirements for each line of business.
- Under direct supervision, perform the basic functions of underwriting for the Specialty Marine line of business.
- Participate in job-shadow arrangements in various departments.
- Participate in agency visitations with underwriters, claim representatives or loss control representatives to begin developing customer contacts.
- Occasional travel, including overnights, may be required.
- Participate in a 4–6-month formal training program to learn fundamentals of property & casualty insurance.
- Complete work and reading projects and pass required exams.
- Establish good working relationships with colleagues and management staff.
- Attain a basic working knowledge of state regulatory requirements for each line of business.
- Under direct supervision, perform the basic functions of underwriting for the Specialty Marine line of business.
- Participate in job-shadow arrangements in various departments.
- Participate in agency visitations with underwriters, claim representatives or loss control representatives to begin developing customer contacts.
- Occasional travel, including overnights, may be required.
Design, develop and implement enterprise database, data warehouse and business intelligence solutions including the requisite ETL procedures and functions leveraging the Microsoft analytics and business intelligence framework and toolsets; Leverage complex quantitative, qualitative, & technical analytic methods to support management decision-making & implement multi-department business solutions within the property and casualty insurance environment; Ensure stability, integrity, and efficient collection of data within on-line systems as well as the data warehouse; ensure on-time data availability for business processing.
Key functions include but are not limited to:
- Collaborate with IT Management, decision-makers, and stakeholders to understand business requirements, and perform data analysis, estimation, database programming, testing and implementation.
- Ensure smooth and reliable operation of data systems for fulfilling business objectives and processes
- Design, develop and implement operational databases required for business intelligence applications
- Gauge the effectiveness and efficiency of the systems through the development and implementation of analytics to support continuous improvement
- Assist in researching key business issues, direct the collecting and analyzing of quantitative and qualitative data
- Gather and document business data requirements into conceptual, logical and physical data models and database designs
- Design and deploy new applications and enhancements to existing applications, software, and operating systems
- Propose and create system design models, specifications, diagrams, and charts to provide direction to development teams
- Work with project leads in analyzing system requirements and specifications and translating those requirements into database designs
- Design complex databases, database synonyms, views, cube queries
- Develop physical database designs
- Apply data design standards and guidelines
- Create and maintain documentation as it relates to data/system configuration, mapping, and processes
- Provide support and point of contact for department clients requesting routine information, data summaries, and reports
- Perform production and daily operations support for the systems
- Manage data redundancy, identify performance issues and optimize solutions as needed
- Design, create and maintain reporting solutions and dashboards as needed
- Coordinate with business departments to define system problems and enhancements
- Analyze existing workflow for efficiency; recommend and implement needed changes; balance procedures for current and future systems as assigned
- Employ specified analytical methods and tools to access data to provide reportable information from information systems
- Provide in-house education for end-user systems, as needed
- Provide direction for assigned components of project work
- Coordinate team/project activities & schedules
The Underwriter builds dynamic relationships, maintains a strong distribution channel, drives written premium growth, and maximizes renewal rate and retention while delivering a high degree of customer satisfaction within our footprint of Independent Agencies. Manage all related underwriting tasks required in assigned territory to promote written premium growth and favorable loss ratio results. Key functions will include but are not limited to:
- Strengthens relationships and educates agents within agency plan to maximize opportunities and achieve profitable growth.
- Achieves new business premium, renewal premium rate retention and rate change objectives.
- Demonstrated success in developing and maintaining positive relationships.
- Coordinate loss control and claims services as needed.
- Excellent communication skills, including listening for solutions.
- Demonstrates a willingness to collaborate with colleagues and present in a way that influences others.
- An ability to think analytically about business problems, make recommendations and propose solutions.
- High energy self-starter, who is resilient and has an entrepreneurial spirit.
- Ability to sell and influence others.
- Goal-oriented achiever who delivers results.
- Refer items exceeding your authority level to Director in a timely manner to provide an analysis.
- Maintain a workflow for your assigned territory which meets all the standards and expectations of the department and consistency to strive to improve workflow.
- Basic knowledge of computer programs in a windows environment, including Word, Excel and Email is mandatory.
Underwriting Assistant employees will be responsible to assist and support underwriters with the administration of quoting, rating and issuance of new business, quotes, renewals and endorsements.
- Policy rating (all states, multi-line).
- Obtain necessary information from Underwriters to complete tasks as needed.
- Work within established guidelines for processing quotes and issuing policies in our policy issuance system.
- Misc admin duties such as scanning documents, pulling posting notices and Proof of Coverage (POC) entry.
- Responsible for the administration of policy issuance from quote through issuance.
- Ensure that endorsements and policies are processed accurately and remitted back to the broker timely.
- Clear accounts in Underwriting System.
- Ensure electronic files are organized and setup for reviewing.
- Solicit renewal applications from the broker.
- Respond to Bureau Crits as necessary.
- Pull from the system or from other sources Loss runs and MVR’s as necessary.
- Process Audits
- Other Underwriting Assistant duties as deemed by the Environmental Regional VP.
Berkley Environmental is looking for an enthusiastic, experienced Project Manager responsible for leading, and ensuring cross-team coordination for projects encompassing multiple teams and applications. The individual in this role will be expected to collaborate with and lead projects that span various groups across Operations, Technology, Business Management through leadership, organization, communication, and execution on key deliverables and milestones.
- Creation and management of thorough project plans, delivering on project objectives and milestones
- Plan and proactively communicate all aspects of the project including risk management and change control
- Transparency with the project team and stakeholders to ensure understanding and agreement with the project scope, deliverables value and timeline
- Facilitates the engagement of the project team, stakeholder and subject matter experts in development of project items including project schedules based on scope, plan for deliverables and team member assignments
- Manage risk management plans to identify, document, escalate and mitigate risks
- Assure deliverables adhere to the defined quality assurance process
- Facilitates regular status meetings and distributes project status updates to stakeholders
- Obtain all required approvals prior to deliverables being delivered
Embark on an exciting journey as an Underwriter Trainee with Acadia Insurance! This is your chance to be part of a structured training program that combines coursework, classroom learning, and hands-on experience that will provide the foundation for a career in insurance. Immerse yourself in the world of property and casualty products, risk management, underwriting philosophy, and cutting-edge strategies that define our industry leadership. Key functions will include but are not limited to:
- Complete work and reading projects and pass required exams.
- Establish good working relationships with colleagues and management staff.
- Attain a basic working knowledge of state regulatory requirements for each line of business.
- Under direct supervision, perform the basic functions of loss control.
- Participate in job-shadow arrangements in various departments.
- Participate in agency visitations with underwriters, claim representatives and/or loss control representatives to begin developing customer contacts.
- Frequent travel, including overnights, is required.
- Analyze both internal and external data to adapt and develop rating methodologies for existing company products.
- Use techniques to incorporate new variables in pursuit of a competitive advantage and improved underwriting results.
- Utilizes loss development and other methods to participate in the determination of incurred but not reported reserve estimates to be used in profitability analyses.
- Produce regular monthly reports and/or analyses used to complete the financial close process and/or used to improve underwriting results of the company.
- Represent the needs of the actuarial department on cross functional projects.
- Constantly seek to improve current reporting and actuarial processes.
- Participate in planning ultimate loss and loss adjustment ratios based on underwriting leadership plans and changes to underwriting guidelines.
Review, evaluate, negotiate and processes WC Claims of moderate/severe/catastrophic complexity, provide recommendations and strategies for resolution, and litigation management as appropriate. Collaborate with internal and external clients, and often interact with agents, claimants, and policyholders. The position is in either our Jersey City, NJ or our Irving, TX Offices.
- Analyze and process workers’ compensation claims by investigating and gathering information to determine compensability and exposure on claims, handling multiple jurisdictions.
- Calculate and assign timely and appropriate reserves on claims and monitor reserve adequacy throughout the life of the claim.
- Develop and manage claims updating action plans as the claim progresses and bring the claim to an appropriate and timely resolution.
- Accurately calculate and timely pay benefits due pertaining to the jurisdictional guidelines.
- Operate within designated authority level and time constraints pertaining to payments and settlements.
- File appropriate forms per jurisdictional protocol, within statutory limits.
- Actively manage and guide the litigation process, ensuring timely and cost-effective claims resolution.
- Participate in claim reviews, which may require limited travel, and timely production of claim reports.
- Coordinate vendor referrals for additional investigation and/or litigation management.
- Use appropriate cost containment techniques including strategic vendor partnerships to mitigate overall cost of claims.
- Manage claim recoveries of all types, including but not limited to subrogation, Second Injury Fund recoveries, and Social Security offsets.
- Frequently collaborate with all appropriate parties involved with the claim, and clearly document that collaboration.
- Maintain professional internal and external client relationships.
- Actively execute timely and appropriate claims activities to ensure consistent delivery of quality claims services.
- Proactively manage all litigated claims by clearly documenting the litigation plan and budget, retaining competent counsel, communicating with counsel on a regular basis and clearly documenting the litigation action plan and strategy.
Must be capable of working under limited supervision and working with a remote manager. In this role, the claims professional investigates, evaluates, negotiates, and resolves litigated and non-litigated property damage, personal and advertising injury, and claims of high exposure and complexity with significant experience/Focus on specialized claims in the area of construction defect with complex coverage and litigated claims.
- Analyze coverage, identify coverage issues, and prepare coverage letters for supervisor approval.
- Investigate and evaluate liability.
- Investigate and evaluate damages.
- Manage litigation by assigning counsel from the approved panel where applicable, establish litigation plan and budget, coordinate with defense counsel, and continuously review the potential for resolution.
- Establish timely reserves within authority and re-evaluate throughout the life of the claim.
- Maintain up-to-date, appropriate file documentation and written file notes.
- Maintain an active diary and productive file inventory.
- Timely completion of all required large loss reporting.
- Negotiate settlements within authority limit granted, and attend mediations, Mandatory Settlement Conferences, and/or Alternative Dispute Resolutions.
- Proactively control the work product and expense of outside vendors.
- Develop and maintain positive customer relationships and provide superior customer service.
- Timely identify all potential opportunities for co-insurance, transfer of risk and/or subrogation.
- Ability to Work with designated assigned accounts.
- Recognize and investigate fraud.
The Assistant Underwriter will be responsible for providing Underwriters with the information necessary to make prudent underwriting decision and to support the underwriting life cycle from pre-submission through policy issuance and renewal.
Key functions include but are not limited to:
- Clear new submissions and maintain clearance system
- Collect, organize and save new and renewal broker submission data
- Manage due dates for quotes, binders, file set-up and policy issuance and keep underwrite apprised
- Assist in setting up policies for issuance as directed by the underwriter
- Review policies to ensure they are issued based upon the terms and conditions outlined by the Underwriter
- Produce endorsements accurately as directed by underwriter
- Examine and evaluate policy documents including declarations, applications, signed forms for proper formatting, spelling and grammar and accuracy
- Interpret and analyze underwriting manuals/guidelines, rating manuals, forms, and workflows
- Assemble and maintain insurance policy files (paper copy and/or electronic) as directed
- Maintain knowledge of technical underwriting process and/or research information if needed; participate in ongoing training as necessary
- Handle various requests and/or inquiries from producers and/or Underwriters through phone, in person, and written correspondence
- Provide routine servicing of policies as needs arise including issuing of endorsements
- Order various underwriting reports to compile data for the Underwriters
- Inform Underwriters of any underwriting issues immediately
- Perform administrative duties for the department including writing reports and business correspondence
Nautilus Insurance Group is seeking a Renewal Underwriter dedicated to excess products. This role will be located in our Scottsdale office. We may also consider remote candidates.
The Renewal Underwriter provides support to the underwriting process, manages their assigned renewal book of business, and reviews insurance applications on renewal accounts and makes the determination of appropriate terms to be offered.
Specific duties:
- Processes prerenewals by generating monthly reports and compiling/analyzing required information.
- Responsible for monitoring renewal production, profitability, and maintaining agency relationships.
- Utilize underwriting expertise and authority guidelines to independently make decisions within granted letter of authority on renewal accounts. Establishes types and limits of coverage to be provided. Issues quote and negotiates terms with wholesale agents.
- Utilize coverage understanding to assess potential exposure and make judgements regarding appropriate form attachment and fill-in form verbiage on renewal accounts.
- Reviews renewal accounts to assess acceptability and compliance with Underwriting Guidelines, addresses discrepancies as needed, and documents action in appropriate systems.
- Consults directly with agency staff to obtain additional information and/or address concerns on existing accounts. Also responds to agent-initiated mid-term coverage requests within granted letter of authority.
- Maintains current territorial expertise regarding market conditions, trends and state-specific nuances that impact may exposure.
- Creates, analyzes and interprets data from various systems and underwriting resources.
- Promotes consistency amongst Underwriting Team by contributing knowledge and soliciting feedback relative to underwriting philosophy and company goals. May also collaborate cross-departmentally, as requested.
- Effectively communicates (written/verbal) information to both internal and external customers to ensure our standards of excellence are maintained.
- Help develop new processes and procedures within newly developed Commercial Excess division to streamline work and increase efficiency.
- Maintains confidentiality with discretion and integrity with both internal and external information.
- Performs other duties as assigned.
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Enterprise Risk Management (ERM) Team:
Our key risk management aim is to maximize Berkley’s return on capital over the long term for an acceptable level of risk. This requires regular interaction with senior management both in corporate and our business units. The ERM team comprises ERM actuaries and catastrophe modelers responsible for identification, quantification and reporting on insurance, investment, credit, and operational risks. The ERM team is a corporate function at Berkley’s headquarters in Greenwich, CT.
The Role:
The successful candidate will collaborate with other ERM team members on a variety of projects with a focus on casualty accumulation, catastrophe modeling, cyber insurance, and emerging risks. The candidate is expected to demonstrate expertise in handling both quantitative and qualitative information. The candidate will participate in discussions with leaders from business units as well as senior executives from other corporation functions.
Actuarial exam support will be provided for candidates who wish to pursue an actuarial designation.
Casualty Accumulation
• Support the development of the casualty data ETL process.
• Analyze and visualize casualty accumulations by insureds, lines, and industries to deliver valuable insight to business leaders.
• Help create casualty catastrophe scenarios by studying historical events and emerging risks.
• Model complex casualty reinsurance protections.
Cyber, Climate Change and Other Emerging Risks
• Assist with monitoring of cyber insurance exposures and modeling of cyber catastrophe events.
• Perform research on emerging risks, including climate change, and quantify their impact on property and casualty lines, invested assets as well as general business operations.
Other Risk Assessment and Reporting
• Measure and monitor property and workers compensation risk aggregation.
• Aid in ERM reporting routines, including deliverables to senior management as well as rating agencies and regulators.
• Assist with automation and management of key risk processes and projects.
• Support the implementation and maintenance of the risk assessment processes across the domestic and international business units.
Please provide a one-page resume when applying.
The Senior Underwriter will be responsible for evaluating and determining risk acceptability, pricing and coverage for excess liability insurance within company underwriting guidelines and profitability goals. Meet and maintain the production, profitability, and service standards established for the company. Manage and maintain good Wholesale Broker relationships.
Key functions include but are not limited to:
- Review new and renewal commercial insurance risks and determine accurate classification of business, policy contract forms and pricing of risk
- Review operations, exposures and controls, claims and loss information on individual risks. Use this information to evaluate accounts and develop pertinent attachment, limits, pricing and coverage solutions
- Responsible for achieving predetermined premium goals and profitability objectives, effectively executing the company underwriting philosophy and assuring compliance of underwriting best practices
- Assist in developing new products, coverage enhancements, and procedures that drive production and processing efficiency
- Maintain quality and time standards as established
- Cultivate effective broker relationships; conduct broker visits, communicate expectations and make recommendations for proper action(s) when appropriate
- Identify and cultivate brokers with new business opportunities
- Develop presentations to be delivered to the broker, retail agent and/or insured detailing coverages, pricing and services
- Build and maintain productive relationships with internal service teams including Claims, Finance, and Actuarial to develop best practices and deliver world class service both internally and externally
- Maintain current knowledge of the regulatory environment (state/federal rules and regulations) pertaining to the industry; exhibit desire to continue education in the insurance field
- Display positive image in the marketplace with all clients, including broker contacts; maintain positive, professional appearance
- Exhibit high level of technical underwriting expertise, leadership and professionalism