Senior Broker Specialist
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Job Location:
Scottsdale, AZ - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Company Details
Vela Insurance Services provides specialized Excess and Surplus Lines Casualty and Professional Liability insurance solutions in the following four market segments.: Construction Specialty Casualty Velocity Small Business & Professional Liability. We offer national service and local knowledge to our exclusive wholesale broker network and the businesses they serve.
The Company is an equal employment opportunity employer.
Responsibilities
The Senior Broker Specialist will evaluate (selection and pricing) and maintain (control) risk acceptability and profitability within the companys underwriting guidelines and procedures for commercial risks with a focus on non-admitted General Liability for products and products related risks.
Particular focus will be on Manufacturing and Products Liability and managing and maintaining strong wholesale Broker relationships.
The Senior Broker Specialist will meet and maintain the production profitability and service standards established for the company and assist in building appetite and risk selection guidelines for new classes of business to be added according to market place changes and opportunities.
In addition this role will:
- Adhere to underwriting authority level as per on file with Manager.
- Gather underwriting information to properly evaluate commercial risks for acceptability within company guidelines. Underwrite for profit.
- Meet/Exceed production profitability and service targets.
- Ability to research and solve more complicated problems and make decisions.
- Determine final coverages and pricing for commercial risks.
- Review claims and loss information on individual risks. Use this information to identify and re-evaluate accounts and develop strategy for dealing with exposures and frequency issues.
- Maintain quality and time standards as established.
- Be informed/knowledgeable of industry issues and activities through formal educational processes to develop underwriting skills.
- Identify and cultivate brokers with new business opportunities.
- Perform other duties as assigned.
- This role will travel 20-25% of the time.
Regular and predictable attendance
Qualifications
- Four (4) year College Degree or commensurate experience and training
- Preferred industry designations such as CPCU ASLI ARM etc.
- Minimum of 10 years commercial lines underwriting experience
- Strong experience in Excess & Surplus Lines and Wholesale Brokerage Distribution
- Strong sales acumen and drive
Sponsorship Details
Required Experience:
Senior IC
Key Skills
- Sales Experience
- B2B Sales
- Business Management
- Pricing
- Securities Law
- Service-Oriented Architecture
- Inside Sales
- Market Research
- Outside Sales
- Telemarketing
- WebSphere
- negotiation
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.
