Underwriter II

Company Details 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 nation’s premier commercial lines property casualty insurance providers. W. R. Berkley Corporation (NYSE: WRB). Responsibilities 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 Select’s 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 Qualifications Bachelor’s 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 PC’s and other software programs (including Microsoft Word and Excel) Additional Company Details The position is based in Chicago; in-office four days per week. 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 which for this role includes: Base Salary Range: $115,000 - 125,000. 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. This role is eligible to participate in the annual discretionary bonus program. Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans. Sponsorship Details Sponsorship not Offered for this Role #J-18808-Ljbffr W. R. Berkley Corporation