Berkley Public Entity (BPE) was founded in 2012 as a member company of W.R. Berkley Corporation.  BPE is a growing, dynamic company with the vision of being the preeminent carrier in our marketplace.  As our name implies, BPE is 100% focused on providing innovative insurance and reinsurance solutions to public entities.

 

The company is an equal opportunity employer.  #LI-AV1

 

This role will be based in our Morristown or Ewing, NJ office.  We offer a hybrid work schedule with 3 days in the office; and 2 days remote where it makes sense to do so.  #LI-Hybrid

At BPE, we recognize that our success is driven by the hard work and dedication of our employees. As an Underwriter Trainee, you'll play a critical role in helping us provide exceptional service to our clients and achieve our business objectives. You'll be supporting our experienced underwriters in the production, underwriting and servicing of new and renewal accounts developing tailored coverage solutions that meet the specific needs (and retention of) our Public Entity clients (i.e. municipalities, schools, fire and  police departments, etc.).

• Perform reserving and processing of new business accounts 
• Provide underwriters with assistance managing the underwriting file by organizing and aggregating loss and exposure information into pricing models
• Be knowledgeable of compliance regulations, underwriting documentation rules and guidelines, adheres to policies accordingly
• Remain current on product releases as it pertains to BPE lines of business as well as provide assistance during the product development process
• Attend strategic marketing calls and events with key brokers
• When necessary, assist with the issuance of policies, endorsements and billing, process reinsurance transactions, complete account transactions as required, and assist with the processing of new business/renewals and endorsements for assigned accounts and perform underwriting analysis for some routine new and renewal business applications.
• Assists with ad hoc projects as required

 

What you need to have: 

• Bachelors degree required (or equivalent work experience)
• 0-2 years prior work experience in Financial Services, Risk Management or Insurance industry(s) preferable, including internships
• Ability to travel, as needed

What makes you stand out:

• Completed coursework toward a Risk Management, and Insurance Degree
• Excellent verbal and written communication skills
• Strong organization skills
• Ability to manage deadlines effectively
• Technical proficiency 
• Coursework toward applicable designation (including but not limited to CPCU, RPLU, etc.) 

 

The company offers a competitive compensation plan and robust benefits package for full time regular employees.
We do not accept unsolicited resumes from third party recruiting agencies or firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees.