Assistant Underwriter
Assistant Underwriter
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Salary Not Disclosed
1 Vacancy
Job Description
Company Details
Now more than ever financial strength is critical to a successful long term insurance relationship. Berkley Southwest is a member company of W. R. Berkley Corporation a Fortune 500 company whose insurance company subsidiaries are rated A (Superior) by A.M. Best.
This position will be based in one of our offices:
- San Antonio TX office
- Little Rock AR
- Irving TX
We offer a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so. LI-hybrid
The company is an equal opportunity employer.
Responsibilities
As an Assistant Underwriter youll contribute to BSWs financial objectives in partnership with their Underwriting and Sales account teams. Responsibilities include monitoring renewal pipeline underwriting renewal business and processing endorsements within established authority and in consideration of risk appetite and pricing guidelines.
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
Well count on you to:
- Perform underwriting analysis on low complexity renewal accounts within authority by analyzing exposures financial stability historical loss data and potential hazards. Refer renewals outside of assigned authority to Manager or Underwriter. Apply recommended pricing to underwritten accounts and discusses significant rate changes with the Underwriter and Regional Sales Director to determine the best approach for communication with the agent.
- When requested complete cursory of new business for acceptability gather key underwriting reports and required information.
- Serve as account team first point of contact with agent concerning missing information service issues billing questions etc.
- Review incoming account endorsement requests for acceptability. Approve endorsements for processing within assigned authority levels. Refers endorsements outside of authority or those with unique exposures to appropriate authority level.
- Order loss control reports as required based upon underwriting guidelines or upon the request of the Underwriter. Will review and advise the Underwriter of any discrepancies so that appropriate endorsements can be applied. Reviews loss control reports for risks and follows up on open recommendations. Based upon authority level may refer poor loss control reports to Underwriter.
- Approve or reject new business rules as provided by assigned authority.
- Completes required filings.
- Reviews premium audit changes and request updates to exposures as directed.
- Evaluate incoming account correspondence. Based on the data presented the AU will work autonomously to decide within assigned authority level refer to underwriter or leadership when needed.
- Communicate and interact with agents in a professional manner be the first point of contact on missing information service issues billing questions etc.
- Establish and maintain regular communication channels with all teams stay updated on relevant account developments and industry trends.
- Other duties and projects as assigned.
Qualifications
- Bachelors degree in related field or equivalent combination of education and experience.
- Commercial rating experience or experience in underwriting role preferred.
- Advanced insurance education is desired such as Associate in General Insurance Kaplan Insurance courses CPCU etc.
- Verbal and written communication skills necessary to interact professionally with all internal and external contacts. Ability to articulate clearly concisely and deliver difficult messages thoughtfully.
- Solid organizational skills with the ability to handle multiple tasks and priorities.
- Strong computer skills with knowledge of MS Excel and Word.
- Able to thrive in a fast-paced environment.
- Learning agility willing and able to learn from experiences and new situations.
- Ability to project a warm and friendly manner in all business contacts and maintain a professional relationship with co-workers agency contacts and the general public.
- Aligns and practices our C.A.R.I.N.G. Values (Collaboration Accountability Respect Integrity Nurturing Growth Generosity)
Additional Company Details
The company offers a competitive compensation plan and robust benefits package for full time regular employees.
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
Employment Type
Unclear
