VP, Underwriting

Location Name NY, New York - 757 Third Ave - 10th Floor
Date Posted
2 months ago(4/29/2024 2:11 PM)
Berkley Professional Liab
Primary Location
US-NY-New York

Company Details


Berkley Professional was founded in October 2008 as an operating unit of W. R. Berkley Corporation, one of the nation’s premier commercial property casualty insurance providers, by a team of management liability professionals with a combined total of over fifty years of experience in insurance and financial services. Backed by superior financial strength, Berkley Professional brings fresh capacity, underwriting acumen, claims handling expertise, and extensive relationships with insureds and brokers to the management liability marketplace.

Since then, Berkley Professional has enjoyed calculated and consistent growth, while exceeding the needs of our business partners. We provide customized coverage solutions with fairness, responsibility and superior claims servicing. Berkley Professional continues to expand its product capabilities as well as geographic reach in order to better serve the dynamic management liability environment. This growth includes the addition of a dedicated Financial Institutions team as well as an experienced group of Transactional Liability underwriters furthering Berkley Professional’s capabilities.


The Company is an equal employment opportunity employer. 


The AVP, Underwriting develops and maintains relationships with key brokers in the Region that allow him/her to analyze existing and prospective accounts in the Financial Services and Real Estate Sectors who are seeking Directors and Officers, Employment Practices, Fiduciary Liability and various FI Professional liability coverages such as Investment Management, Bankers Professional and Insurance Company Professional insurance coverage.


Duties and responsibilities include but are not limited to:

  • Marketing to retail and wholesale national and regional brokers and to end customers both in NY and in assigned regions.
  • Preparing thorough underwriting work-ups that contain a detailed financial analysis, claims/legal history, and a review of significant recent corporate events for each new business and renewal account. 
  • Communicating with brokers during the renewal process to ascertain the client’s renewal expectations and on new business accounts to find the best opportunity for successfully winning the business. 
  • Participating in client meetings designed to address each account’s risk factors and mitigation approach.
  • Working with senior managers to rate and price new/renewal accounts and draft all quote/binder letters and issue the policy.
  • Maintaining the underwriting files on all in-force and lost/declined accounts.
  • Developing forms, coverages, and pricing models as needed to support the business. 
  • Coordinating with Senior Management team, Claim, Legal, Regulatory, Finance, Actuarial, and Reinsurance functions in support of the business segment.
  • Accurately forecasting and managing to the business plan
  • Supporting branding and awareness efforts through trade and industry association events and sponsorship


  • 7+ years of progressive experience underwriting financial institutions D&O and Professional liability
  • Industry designations such as RPLU ideal
  • Fluent in policy terms/conditions and how changes to the basic terms/conditions can change the assumed risk.
  • Ability to explain underwriting positions to key brokers on a specific insured or in general to generate submissions.
  • Financial literacy – analyze income statement, balance sheet, cash flow statement in order to identify risk factors.
  • Strong analytical skillset and ability to manage multiple projects and business processes
  • Organized, detail oriented and flexible. Maintain thorough and orderly underwriting files that present an accurate representation of a deal that has been bound or a lost/declined opportunity that follows the internal underwriting guidelines and state specific requirements.
  • Working knowledge of PCs and other software programs including Microsoft Word and Excel



  • BA/BS degree in a related course of study

Additional Company Details

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

The company offers a competitive compensation plan and robust benefits package for full time regular employees including:
• Base Salary Range: $154k-240K
• Eligible to participate in annual discretionary bonus
• Benefits include: Health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plans

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.

Sponsorship Details

Sponsorship not Offered for this Role

Job Description


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