Sr. Production Underwriter
Job Location:
Walnut Creek, CA - USA
Yearly Salary:
Posted on:
Vacancies:
Job Summary
Company Details
Preferred Employers Insurance A Berkley Company specializes in providing workers compensation insurance to California business owners. The company serves three major client segments: Small Business Owners Mid-Larger Businesses and Group Association Members (Programs). The companys distribution partners (agents & brokers) number 400 locations throughout the state. Preferred serves 10000 policyholders and provides medical claims handling and claims management for policyholders as needed to care for injured workers. The company is rated A Superior by industry-rating organization AM Best & Company.
The company is an equal opportunity employer.
Responsibilities
In this highimpact role youll combine analytical expertise with strong business instinctsevaluating risk shaping profitable portfolios and partnering with top-tier brokers to fuel premium growth. Youll serve as both a trusted advisor and a proactive problemsolver helping agency partners win more business while ensuring underwriting integrity and long-term profitability.
The Senior Production Underwriter is primarily responsible for:
Risk Evaluation:
Selection retention and pricing of new and existing business in accordance with the companys underwriting philosophy and guidelines.
Broker Relationships:
Proactively develops and fosters positive professional relationships with the companys agency partners to promote the companys products and services.
Premium Growth:
Works closely with Field Sales Managers on broker plan management (e.g. generation of submissions target quote and bind ratios codeveloping agency business plans and incentives).
Underwriting Profit:
Collaborates with Field Sales Managers to achieve pricing and commission targets that support the companys profitability objectives.
Key functions include but are not limited to:
- Underwrite new and renewal business in alignment with company guidelines authority levels and riskselection philosophy.
- Build and maintain strong professional relationships with agency partners providing timely ethical and solutionsfocused support.
- Educate agents on underwriting appetite pricing expectations and submission requirements.
- Monitor key performance metrics for assigned agencies including premium goals business mix and quote-to-bind ratios.
- Drive growth by actively seeking quality new business opportunities and following up on quoted accounts.
- Travel to agency locations as needed to provide field underwriting quoting and relationship management.
- Review claims activity inspection reports and loss control recommendations taking appropriate action on inforce policies.
- Collaborate with internal departments to resolve policy issues and ensure smooth account handling.
- Oversee policy changes and delegate tasks to underwriting support staff as appropriate.
- Mentor and provide training to junior team members.
Qualifications
- BA/BS degree from an accredited institution or equivalent
- 5 years of experience in California workers compensation underwriting or equivalent
- Demonstrated ability to work in a fast paced decision-oriented environment
- Excellent communication negotiation and analytical skills
- Strong organizational skills and ability to manage multiple tasks
- Strong automation skills including MS Office products
- Ability to work independently and in a collaborative team environment
Additional Company Details
The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role include:
Base Salary Range: $80000 - 140000 annually
Benefits: Health Dental Vision 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
Required Experience:
Senior IC
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.
