Duties and Responsibilites:
- Gather appropriate information to profitably underwrite a variety of Middle Market commercial risks.
- Research, formulate and implement solutions for complex issues and accounts.
- Determine final coverages and pricing for commercial risks within assigned authority level.
- Review claims and loss information on individual risks. Use this information to identify and re-evaluate accounts and develop strategy for dealing with exposures and frequency issues.
- Take a lead role relative to Key Account review and recommendations.
- Take ownership of your underwriting territory through strong book management skills.
- Work to develop and maintain agency relationships with a focus on long-term profitability and growth.
- Work in collaboration with Loss Control partners to focus on controlling exposures and maintaining controls. Join Loss Control on visits with individual accounts.
- Maintain established quality and service standards.
- Establish strong working relationships with key producers.
- Mentor less experienced underwriters and serve as a resource for others within the department as needed.
- Successfully build, manage and execute a New Business Pipeline.
- Perform other duties as assigned.
- Keeps abreast of industry developments, particularly those which impact his or her area(s) of responsibility.
- Understands Berkley Mid-Atlantic’s business and the factors that affect its success.
- Communicates regularly and effectively.
ID
2019-2331
Primary Location
US-OH-Columbus
Company
Berkley Mid-Atlantic Group
Location Name
VA, Glen Allen - 4820 Lake Brook - Suite 300
Position Summary
The Pricing Actuary will work closely with the Chief Actuary and be the primary liaison with Underwriting. Collaboration and communication are critical so that meaningful insights can be formed and solutions implemented with our business partners, positioning the company for profitable growth.
Responsibilities
- Work independently to obtain and organize data from various sources
- Perform advanced actuarial analysis, inclusive of advanced analytics and modeling, resulting in suggestions for actions
- Translate the needs of business leaders into insightful exhibits, analyses, and/or tools
- Manage priorities to meet mandated deadlines and keep discretionary projects moving with a sense of urgency
- Lead processes for the department such as Rate Reviews, Modeling Project, Budget, Price Monitoring, etc.
- Support the monthly and quarter financial close with reporting requirements
- Automate routine processes for greater efficiencies
- Assist Underwriting in identifying segments with profitable growth potential; identify under-performing segments and propose corrective actions to improve profitability
- Provide assistance in the development of rating methodologies concerning both existing and new company products
- In all aspects, share the results of actuarial analyses with non-actuarial peers and executives through effective verbal and written communication and effective exhibits
ID
2019-2249
Primary Location
US-VA-Glen Allen
Company
Berkley Mid-Atlantic Group
Location Name
VA, Glen Allen - 4820 Lake Brook - Suite 300
Duties and Responsibilities:
- Manage a territory of select, independent agents. The Berkley Mid-Atlantic Group strives to build strong, deep relationships with a limited number of agencies in each geography.
- Build and maintain proactive agency relationships to increase production in small commercial.
- Cultivate and underwrite new business opportunities through personal meetings (proactive, planned calls) with agents
- Grow premium volume in assigned territory through existing relationships as well as new agency relationships
- Proactively develop marketing plans and new business generation opportunities with partnered agencies
- Proactively seek competitor intelligence and pricing in assigned territory and make recommendations to ensure BMAG’s product offering continues to be relevant and differentiated in the market
- Evaluate prospective profitability of potential business submissions in agents’ offices and make justifiable pre-qualification decisions
- Underwrite agency submissions and deliver win-win outcomes for BMAG and our agency partners
- Train, and advocate for BMAG agency collaboration tools like our quote systems, agency portal and online endorsement capabilities
- Other duties as required
ID
2019-2231
Primary Location
US-VA-Glen Allen
Loc2
PA, Harrisburg - 4811 Jonestown Road
Loc3
OH, Columbus - 4449 Easton Way
Company
Berkley Mid-Atlantic Group
Location Name
VA, Glen Allen - 4820 Lake Brook - Suite 300
Duties and responsibilities:
- Department liaison with Corporate Underwriting
- Occasional drafting of Small Commercial specific underwriting position papers (guidelines)
- Participation in regional company projects dedicated to improving online underwriting questions and rules
- Underwrites business (new or renewal)
- Gather appropriate information to profitably underwrite a variety of commercial risks.
- Determine final coverages and pricing for commercial risks within assigned authority level.
- Review claims and loss information on individual risks. Use this information to identify and re-evaluate accounts and develop strategy for dealing with exposures and frequency issues.
- Maintain established quality and service standards.
- Work collaboratively with assigned Small Commercial Sales-Underwriter to set strategy and growth goal with co-assigned agents, inclusive of identifying and cultivating new business opportunities with assigned agents, and managing renewals
- Identify and execute on cross-sell and up-sell opportunities on both new submissions and existent accounts
- Be a trusted advisor to both our agents and Sales-Underwriters
- Educate our agents on differentiated product offerings, and ease of doing business systems
- Perform other duties as assigned.
ID
2019-2230
Primary Location
US-VA-Glen Allen
Loc2
PA, Harrisburg - 4811 Jonestown Road
Loc3
OH, Columbus - 4449 Easton Way
Company
Berkley Mid-Atlantic Group
Location Name
VA, Glen Allen - 4820 Lake Brook - Suite 300
Duties and Responsibilites:
- Gather appropriate information to profitably underwrite a variety of Middle Market commercial risks.
- Research, formulate and implement solutions for complex issues and accounts.
- Determine final coverages and pricing for commercial risks within assigned authority level.
- Review claims and loss information on individual risks. Use this information to identify and re-evaluate accounts and develop strategy for dealing with exposures and frequency issues.
- Take a lead role relative to Key Account review and recommendations.
- Take ownership of your underwriting territory through strong book management skills.
- Work to develop and maintain agency relationships with a focus on long-term profitability and growth.
- Work in collaboration with Loss Control partners to focus on controlling exposures and maintaining controls. Join Loss Control on visits with individual accounts.
- Maintain established quality and service standards.
- Establish strong working relationships with key producers.
- Mentor less experienced underwriters and serve as a resource for others within the department as needed.
- Successfully build, manage and execute a New Business Pipeline.
- Perform other duties as assigned.
- Keeps abreast of industry developments, particularly those which impact his or her area(s) of responsibility.
- Understands Berkley Mid-Atlantic’s business and the factors that affect its success.
- Communicates regularly and effectively.
ID
2019-2229
Primary Location
US-VA-Glen Allen
Loc2
OH, Columbus - 4449 Easton Way
Loc3
PA, Harrisburg - 4811 Jonestown Road
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