Underwriter Trainee Casualty and Professional Lines

Berkley Edge offers solutions for hard-to-place and distressed risks for both professional and casualty lines of will focus on small to mid-sized risks through awholesale onlydistribution model.

Founded in 1967 W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States. Along the way we have been listed on the New York Stock Exchange seen our revenue soar well past$10 billion and become a well-respected Fortune 500 Company.

This is an entry level positionwithin insurance underwriting. The Underwriter Trainee will be focused on learningtheunderwritingpracticesandthe application of building and growing theEdgebusiness.In this role trainees willparticipatein formal or on-the-job training developing a working knowledge of product language underwriting practicespoliciesand guidelines. This position has adefined career path and is a great first step in the insurance industry. Key functions will include but are not limited to:

Industry/Practice/Knowledge

• Links line of business policies and practices to company strategies
• Identifiesand acts on opportunities to share knowledge with clients and customers
• Networks with peers and outside resources to exchange ideas and information

Product Skills

• Compares company coverages to competitors and differentiates our company from others
• Identifiesnew product opportunities
• Explains company service capability and applies to specific client needs including coordination of standard service delivery to customers

Book Management/Pricing Skills

• Applies standard pricing to exposures
• Applies individual loss and expense factors when applicable
• Utilizes internal information systems to measure results
• Analyzes and evaluates impact of producer performance on assigned book
• Applies key expense components influencing controllable elements according to plans and strategies
• Identifiesand evaluates influence of competitor strategies in local territory or line of business and its effects on the companys business

Consulting

• Providesappropriate inputfor written premium and expense budget planning
• Offers creative solutions that contribute to the achievement of business results

Risk Selection

• Applies underwriting strategies and standards to pre-qualify risk acceptability
• Identifiesand assesses exposures for each risk
• Performs detail analysisutilizingappropriate information(exposure/rate/financial & loss) todetermineaccount acceptability taking customer needs into consideration
• Assesses rate adequacyrelativeto exposure

Client Management

• Identifiesclients needs and recommends solutions
• Handles or refers asappropriate crossselling opportunities
• Negotiates standard coverage issues closes sale and gauges customer satisfaction
• Identifiesand accesses basic underwriting/service resources and associated cost benefit
• Demonstrates knowledge of competitors products strategies strengths weaknesses position within agencies/in marketplace financial picture
• Develops and pursues prospective clients
• Follows-up on prospective and incumbent clients needs

• Bachelors degree in business Risk Management Insurance or a related field (or equivalentexperience)
• Prior experience in insurancea plus.
• Strong analytical organizational and communication skills.
• Proficiencyin Microsoft Office Suite (Excel Word Outlook).
• Eagernessto learn and grow within the insurance industry.
• Abilityto work both independently and collaboratively in a fast-paced environment.
• Computer literate including use of WordExceland various project management tools
• Flexible and open tochangeand enhancements to helpevolvingin a competitive market
• Adaptive to adjusting priorities and/or work on multiple tasks
• Strong senseof ownership and accountabilityas a result ofbeing highly motivated

The Company is an Equal Employment Opportunity Employer