The AVP, Executive Underwriter- Financial Lines is responsible for submission generation, underwriting and policy issuance of Directors and Officers Liability, Employment Practices Liability, Fiduciary Liability, Fidelity/Crime for large private commercial and not-for-profit healthcare organizations. The underwriting position will be part of the Berkley Healthcare Financial Lines (Management Liability) division of Berkley Healthcare. S/he will be responsible for handling new and renewal, primary and excess business throughout the placement process from underwriting submission receipt to policy issuance.
What you can expect:
- Culture of innovation, teamwork, supportive colleagues and leaders willing to invest in talent
- Internal mobility opportunities
- Visibility to senior leaders and partnership with cross functional teams
- Opportunity to impact change
- Benefits – competitive compensation, 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:
- Determine risk acceptability in accordance with underwriting risk appetite and guidelines
- Prepare thorough underwriting analyses with detailed exposure analysis and independent underwriter assessment
- Make pricing, coverage, terms and conditions determinations and recommendations within defined limits/authority and underwriting guidelines and authority parameters
- Develop, grow and maintain a profitable, diversified book of business aligned with company goals
- Ensure production and loss ratio goals are achieved for assigned book by reviewing, analyzing and evaluating information and taking appropriate action as necessary
- Develop positive agency relationships within assigned territory while maintaining a good rapport through responsive levels of service
- Coordinate marketing activities including travel in coordination with Distribution and Marketing Manager
- Foster growth of less experienced staff in a positive and growth-oriented environment
- Actively self-educate as to line of business, industry and insurance trends including exposures, claims, legal, legislative, healthcare, current events, self-improvement and innovation