Underwriter II D&O

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 is a part of the D&O underwriting segment for Berkley Select. This role evaluates risk characteristics to drive potential business opportunities within the team philosophy and guidelines.

Our work environment is one of a collaborative and supported team that offersprofessional development and career advancement as we grow. Self-starters can thrive with Berkley Select with access to data and tech that helps them drive business decisions.

Key responsibilities include:

Broker Management

• Manage key and/or target broker relationships and expectations.
• Manage the expectations of and communicate underwriting decisions requirements and philosophies to brokerage community.
• Maintain producer / agency contact log in electronic databases.
• Quarterly travel required (when permitted by WR Berkley)

Underwriting Duties

• Assist in distributing business opportunities to underwriting team members to achieve efficient and effective underwriting (based on work flow ability and priority).
• Provide final approval and guidance on risk analysis presented by members of the underwriting department in accordance with authority levels.
• Evaluate risk characteristics of submissions to determine business opportunities in accordance with guidelines and company philosophy.
• Price design and recommend policy format for quoted submissions.
• Review underwriting documents for accuracy prior to their release to brokers and/or company clients.
• Discuss analyze and interpret Berkley Select policy forms and coverage issues.

Product Development

• Suggest and/or develop policy endorsements to improve Berkley Selects competitive advantage in the market.
• Provide research assistance in analyzing competitor forms.
• Discuss analyze and interpret changes to competitor forms and underwriting appetites.

Leadership Duties

• Assist with training junior members of the underwriting and/or support staff on underwriting procedures.
• Provide assistance to management with training and education of the underwriting staff

• Bachelors degree and 4-8 years of management liability underwriting experience.
• Must have knowledge of management liability insurance policy forms applicability and issues.
• Must be able to conceptualize and analyze financial statements at a college level.
• Good written and oral communications skills including the ability to compose various types of business correspondence.
• 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.
• Working knowledge of PCs and other software programs (including Microsoft Word and Excel)