Underwriting Analyst 1

Berkley

Not Interested
Bookmark
Report This Job

profile Job Location:

West Hartford, CT - USA

profile Monthly Salary: Not Disclosed
Posted on: 20 hours ago
Vacancies: 1 Vacancy

Job Summary

Company Details

Berkley Accident and Health is a risk management company that designs innovative solutions to address the unique challenges of each client. With our entrepreneurial culture and a strong emphasis on analytics we can help employers better manage their risk. We offer a broad range of products including employer stop loss benefit captives provider stop loss HMO reinsurance and specialty accident. The key to Berkleys success is our nimble approach to risk our ability to quickly understand think through and devise a plan that addresses each clients challenges coupled with the strong backing of a Fortune 500 company. Our parent company W. R. Berkley Corporation is one of the largest and best managed property/casualty insurers in the United States.

#LI-AV1 #LI-HYBRID

This position will be based in our West Hartford CT office. We offer a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.

The company is an equal employment opportunity employer.

Responsibilities

The Underwriting Analyst is an entry-level position designed for individuals seeking to build a career in medical stop loss insurance underwriting. This role provides foundational exposure to underwriting principles risk assessment and policy evaluation. The analyst supports the underwriting team by gathering data performing preliminary risk analysis and assisting in the preparation of quotes and role is specific to our Captive Underwriting team and presents a unique opportunity for individuals to learn the foundational principles of stop loss underwriting for employers that join a group captive model.

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:

  • Assist in the review and analysis of employer group health data including census information claims experience and plan designs.
  • Support the underwriting team in preparing stop loss quotes and renewal proposals.
  • Enter and maintain accurate data in underwriting systems and tools.
  • Collaborate with internal departments such as sales actuarial clinical and claims to ensure timely and accurate quote delivery.
  • Monitor and track quote activity ensuring deadlines are met and documentation is complete.
  • Learn and apply underwriting guidelines policies and procedures.
  • Participate in training and development programs to build underwriting knowledge and skills.
  • Contribute to continuous improvement initiatives within the underwriting process.

Qualifications

What you need to have:

  • Bachelors degree in business finance mathematics healthcare administration or a related field.
  • Candidates with 2 years in a related insurance industry will also be considered.
  • Strong analytical and problem-solving skills.
  • Excellent attention to detail and organizational abilities.
  • Effective written and verbal communication skills.
  • Proficiency in Microsoft Excel and other data analysis tools.
  • Ability to work independently and as part of a team in a fast-paced high-volume environment.
  • Interest in pursuing a long-term career in stop loss insurance underwriting.

What makes you stand out:

  • Prior experience working in ESL Office (Connexure system)
  • Ability to be productive independently yet work in a team environment
  • Strong organizational planning and time management skills
  • Creativity and problem-solving skills a plus
  • Penchant for innovation and continuous improvement

Additional Company Details

We do not accept any unsolicited resumes from external recruiting firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees including:

Base Salary Range: $60000 - $70000
Eligible to participate in annual discretionary bonus
Benefits include: Health dental vision dental life disability wellness paid time off 401(k) and profit-sharing plans

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

Sponsorship not Offered for this Role

Required Experience:

IC

Company DetailsBerkley Accident and Health is a risk management company that designs innovative solutions to address the unique challenges of each client. With our entrepreneurial culture and a strong emphasis on analytics we can help employers better manage their risk. We offer a broad range of pro...
View more view more

Key Skills

  • C#
  • Apache Web Server
  • Credit
  • Food & Beverage
  • Biology

About Company

Company Logo

Berkley is a leader in commercial lines insurance, with over 60+ specialized businesses - each with deep expertise in an industry, product, or regional niche.

View Profile View Profile