Senior Underwriter Management Liability

Berkley Select delivers professional liability insurance solutions to individuals businesses professional services firms and nonprofit organizations. As a Berkley company Berkley Select is staffed with a team of experts with a specific focus on Professional Liability. Berkley Select utilizes individual risk underwriting loss control and claims practices providing superior products and services to its customers.

Berkley Select is a Berkley Company. W. R. Berkley founded in 1967 is one of the nations premier commercial lines property casualty insurance providers. W. R. Berkley Corporation (NYSE: WRB).

The Senior Underwriter will evaluate (selection and pricing) and maintain (control) risk acceptability and profitability within the companys underwriting guidelines and procedures for Professional Liability with a focus on Management Liability.

This individual will maintain and develop good wholesale and brokerage relationships and/or program relationships when necessary and critically analyze risk characteristics to reach sound underwriting decisions while meeting and maintaining the production profitability and service standards established for the company.

• Work to achieve company goals to advance profitable written premium growth.
• Adhere to underwriting authority level and guidelines in place.
• Gather underwriting information to properly evaluate commercial risks for acceptability within company guidelines. Underwrite to acceptable profitability metrics
• Meet/Exceed production profitability retention and service targets.
• Ability to research and solve more complicated problems and make decisions.
• Understand rate development and ability to price underwriting exposures correctly.
• Determine final coverage and pricing for professional liability risks. Recommend policy form enhancements and endorsements to advance the business.
• Knowledge of competitor form and coverages.
• Work in both a collaborative team environment but also be able to work independently.
• Review claims and loss information on individual risks. Use this information to identify and re-evaluate accounts and develop a strategy for dealing with exposures and frequency issues.
• As a team with the Manager manage the portfolio profitability and identify favorable and unfavorable classes of business.
• Adhere to pricing metrics for sustained book performance and favorable loss history.
• Maintain quality and performance standards as established such as turnaround and response time.
• Be informed/knowledgeable of industry issues and activities through formal educational processes to develop underwriting skills. PLUS membership or involvement is preferred.
• Identify and cultivate brokers with new business opportunities and build renewal relationships.
• Regular and predictable attendance at meetings with willingness to occasionally travel.
• Assist with training and educating junior level employees.
• Regular and predictable attendance.
• Other duties and special projects as assigned.

• Four (4) year college degree or equivalent proven product line experience. Insurance designations such as an RPLU are a plus.
• Must be able to conceptualize and analyze financials at a college level as required by product line.
• Must be able to analyze professional liability risk characteristics.
• Good written and oral communications skills including the ability to compose various types of business correspondence.
• Knowledge of E&O underwriting coverages and policy form terms and conditions. Must have prior experience
• Must be able to manage multiple priorities have good analytical skills and the ability to exercise independent judgment.
• Must be customer service oriented; a team player; willing to learn; organized; detail oriented and flexible.
• Focus on building broker relationships and proven development of those relationships.
• Working knowledge of PCs and other software programs (including Microsoft Word and Excel).
• Knowledge of Accountants Professional Liability a plus.
• Knowledge of P.L. programs a plus.