Home Office Senior Underwriter â Casualty (GL)
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Job Location:
Burlington County, NJ - USA
Monthly Salary:
$ 120000 - 150000
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Company Details
What makes Admiral Insurance Group ADMIRABLE.
Since 1974 Admiral Insurance Group has been supporting business innovation and market growth through our wholesale-dedicated excess and surplus (E&S) lines of commercial insurance. We specialize in underwriting difficult-to-place moderate to high-risk commercial businesses that require creative solutions outside of the box thinking entrepreneurial spirit and astute business knowledge. As a member of the W. R. Berkley Corporation a Fortune 500 Company and one of the nations premier commercial lines property casualty insurance providers we have the resources support and industry data to provide exceptional service and exciting solutions for our clients and partners.
Unlock your insure- more about Careers at Admiral Insurance Group.
See what its like to work in Home Office Underwriting Admiral Insurance Group.
The Company is an equal employment opportunity employer.
Responsibilities
The Home Office Senior Underwriter Casualty (GL) role provides technical underwriting expertise and guidance on General Liability matters to the SVP Leaders and Underwriters and acts independently as a Technical Expert on the casualty lines of business in support of the achievement of business plans and product development.
- Provide support to the underwriting audit process.
- Function as referral authority to Associate Underwriters Underwriters and Senior Underwriters.
- Support the drafting of policy language and coordinate with Claims and Legal to finalize wording.
- Attend and participate in IT and Claims Committee meetings.
- Actively mentorship and participate in training (nationally) all Associate Underwriters Underwriters and Senior Underwriters.
- Participate in WRBC and other data calls as needed.
- Participate in research projects on trends impacting our Casualty business.
- Stay abreast and knowledgeable on market trends in terms of forms coverage and appetite to maintain competitiveness. Participate in the identification and development of viable new products.
- Recommend risk appetite changes and contribute to the development of technical standards controls and practices.
- Leading key aspects of portfolio management including analysis to monitor profitability and growth of specialty areas of business. Provide recommendations on aspects requiring change or remedial action.
- Support Underwriting initiatives as directed (i.e.- writing white papers and case studies for publication or presentations).
- Lead initiatives that have a high impact on the development of Underwriting Guidelines including developing and implementing best practices controls and procedures underwriting appetite forms forms usage terms and conditions.
- Collaborate with Product Management and coordinate with other departments as necessary.
- Assist with special projects and tasks as directed by the Chief Underwriting Officer.
Qualifications
- Bachelors Degree required.
- Minimum of 7-10 years commercial underwriting experience.
- Minimum of 5 years Underwriting profitable General Liability business in the E&S sector.
- Firm technical knowledge of all Casualty lines of coverage.
- Coursework toward applicable designation(s) for example CPCU or ASLI preferred
- Ability to multi-task.
- Proven ability to mentor and train personnel.
- Strong organizational research skills and project management expertise are required.
- Ability to manage deadlines effectively.
- Excellent verbal and written communication skills.
- Innovative Mindset
- Technical proficiency is required.
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Additional Company Details
The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes:
Base Salary Range: $120000 - $150000
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.
Eligible to participate in the annual discretionary bonus program.
Benefits: Health Dental Vision Life Disability Wellness Paid Time Off 401(k) and Profit-Sharing plans.
Sponsorship Details
Required Experience:
Senior IC
Key Skills
- Loan Processing
- Credit Analysis
- Fraud
- Math
- Risk Analysis
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Equity Research
- Underwriting
- negotiation
- RMF
About Company
Berkley is a leader in commercial lines insurance, with over 60+ specialized businesses - each with deep expertise in an industry, product, or regional niche.
