Sr. Underwriter

Berkley Healthcare

Do you want to be part of a dynamic and growing organization that encourages creativity, collaboration, innovation and individual expression? Are you an insurance professional who wants to think "outside the box" in creating products, underwriting and servicing customers? Berkley Healthcare is a dynamic company that encourages a pioneering mindset with the financial backing of a Fortune 500 company. At BHFL, everyone's voice counts and we expect to hear from everyone. If you want to work in a unique insurance company like no other, come explore career options with us.

As a member company of W. R. Berkley Corporation, Berkley Healthcare has assembled a unique team of multi-disciplinary insurance professionals to take a fresh look at healthcare organization insurance. We pride ourselves on our deep expertise in underwriting, claims and distribution in the healthcare industry insurance market. We understand that the healthcare industry is in a state of rapid evolution; shaped by emerging concepts in technology, law, public welfare and social economics, all with attendant enterprise risk unique to healthcare organizations. We apply cutting-edge insurance concepts to traditional healthcare insurance products. Concepts that embrace the current complexity of the healthcare industry. Concepts that give ultimate flexibility in managing enterprise risk.

Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance. Each of the Berkley companies, or operating units within Berkley, participates in a niche market requiring specialized knowledge about a territory or product.

Responsibilities

The Senior Underwriter is responsible for submission generation, underwriting and policy issuance of Directors and Officers Liability, Employment Practices Liability, Fiduciary Liability, Fidelity/Crime for large and complex private commercial and not-for-profit healthcare organizations. The underwriting position will be part of the Berkley Healthcare Financial Lines division of Berkley Healthcare. While our main offices are in West Hartford, CT, Chicago, IL and Chesterfield, MO we will consider candidates nationwide. The senior underwriter will be responsible for handling new and renewal, primary and excess business throughout the placement process from underwriting submission receipt to policy issuance.

Key functions include but are not limited to the following:

• Determine risk acceptability in accordance with underwriting risk appetite and guidelines
• Prepare thorough underwriting analyses with detailed exposure analysis and independent underwriter assessment
• Make pricing, coverage, terms and conditions determinations and recommendations within defined limits/authority and underwriting guidelines and authority parameters
• Develop, grow and maintain a profitable, diversified book of business aligned with company goals
• Ensure production and loss ratio goals are achieved for assigned book by reviewing, analyzing and evaluating information and taking appropriate action as necessary
• Develop positive agency relationships within assigned territory while maintaining a good rapport through responsive levels of service
• Coordinate marketing activities including travel in coordination with Distribution and Marketing Manager
• Foster growth of less experienced staff in a positive and growth-oriented environment
• Actively self-educate as to line of business, industry and insurance trends including exposures, claims, legal, legislative, healthcare, current events, self-improvement and innovation

Qualifications

• Bachelor's degree from an accredited university or college
• 5+ years of current financial lines underwriting experience, healthcare-specific experience preferred
• Healthcare financial lines underwriting experience highly preferred
• Technical underwriting support skills including submission in-take, new and renewal submission management, pricing preparation, risk analysis preparation, underwriting documentation expertise required
• Demonstrated capability of managing all aspects of the underwriting analyst responsibilities
• Knowledge of financial lines products, coverages and policy forms
• Strong organizational skills required to successfully manage underwriting files and workflow process
• Customer focused (You excel at relationship building and customer responsiveness)
• Strong written and oral communication skills (i.e. Your communication style is flexible and adapts to the situation)
• Ability to prioritize tasks and work on a daily basis in response to a dynamic work environment
• Strong sense of accountability (You can work independently and manage to multiple deadlines)
• The Company is an equal employment opportunity employer.

Additional Company Details

We do not accept any unsolicited resumes from external recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role include: • Base Salary Range: $100,000– $120,000 • Eligible to participate in annual discretionary bonus. • 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

Sponsorship not Offered for this Role