Sr. Commercial Underwriter
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Job Location:
Meridian, ID - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Company Details
Our mission is to provide financial protection to our customers by offering premier insurance solutions products and services through our select independent agents. BNP is a proud member ofW. R. Berkley Corporation a Fortune 500 company. While we are regionally focused we have the security and financial backing of one of the largest commercial lines writers in the United States.
This role will be based in any one of our footprint states as a remote opportunity. If you are based near our office in Meridian ID we offer a hybrid work schedule with four days in the office; and one day remote where it makes sense to do so.
The company is an equal opportunity employer. #LI-LD1 #LI-Hybrid
Responsibilities
As a Senior Commercial Underwriter you will directly impact the companys growth and profitability goals within an assigned territory and book of business. You will underwrite commercial property and casualty accounts by determining risk acceptability and pricing in accordance with established underwriting guidelines and within established authority level. Youll also maintain autonomy in work and management of book of business in a fast-paced environment as well as serve as the point of contact for assigned agencies and be responsible for the agency relationship.
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:
Manage a book of business with autonomy to make decisions within authority level consistently achieving company strategies and goals.
Assess new middle marketcommercial insurance risks and determine accurate classification of business policy contract forms and pricing of risk. Accept and price risk in accordance with established underwriting guidelines and within authority level.
Review renewal accounts for acceptability by examining business operations classification contract forms and loss activity. Determine price in accordance with established underwriting guidelines and within authority level. Review endorsement requests and take appropriate actions.
Maintain accurate underwriting documentation and information to meet quality review standards.
Develop expand and enhance agency relationships to promote profitability and growth of new business and the retention of existing business. Travel within or to assigned territory to meet with agents to enhance business relationships.
Leverage agent relationships to drive new business opportunities via existing relationships as well as where there is no existing relationship; continually prospect for new opportunities through pipeline development.
Achieve or surpass agency visibility goals to include both in-person and virtual sales calls.
Act as a business partner to agents. Use strong negotiation skills and deep product knowledge to meet the needs of the customer.
Collaborate with claims risk management and other underwriting team members as needed to ensure prompt and professional underwriting service is provided.
Participate in and may lead underwriting and agency meetings/trainings.
Identifiy innovate and suggest new procedures and opportunities to streamline department processes and workflows.
Cultivate strong customer service skills including consistency timeliness and product knowledge.
Qualifications
What you need to have:
- Bachelors Degree from a 4-year college or university; 5 years related experience and/or training.
- Ability to represent Berkley North Pacific to external customers in a positive and effective manner.
- Thrive in a highly competitive and results-driven environment.
- Effectively organize prioritize and manage multiple priorities.
- Communicate with a high level of professionalism with internal and external customers.
- Develop and maintain strong business relationships; and travel on a regular basis including overnight.
- Ability to work outside normal work schedule to fulfill responsibilities.
- Reasonable regular predictable attendance is essential.
- Familiarity with middle market commercial operations and corresponding insurance products.
What makes you stand out:
- Advanced insurance education desired i.e. CPCU AAI CIC
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
Required Experience:
Senior IC
Key Skills
- Loan Processing
- Computer Skills
- Fraud
- Math
- Banking
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Underwriting
- Financial Analysis
- negotiation
- Phone Etiquette
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.
