Sr. Underwriter

Berkley

  • Philadelphia, PA
  • $70,000-123,000 per year
  • Permanent
  • Full-time
  • 2 months ago
Company Details:W. R. Berkley Corporation, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. Founded in 2004, Berkley Environmental has underwriting and account executive units in seven regions. Berkley Environmental offers an array of coverages for virtually all classes traditionally known to have environmental liability exposures on both an admitted and non-admitted basis. We provide a comprehensive portfolio of commercial property casualty insurance, automobile liability and workers’ compensation, along with claim services, providing expertise to meet the unique business needs of our customers.Company URL:The company is an equal opportunity employer. Responsibilities:Within authority, the incumbent will manage assigned brokers to underwrite and process environmental and/or casualty lines for the Environmental Services Industry and/or Environmental lines for any industry segment.Key functions include but are not limited to the following:
  • Work with assigned brokers to underwrite Pollution, Professional Liability, General Liability, Automobile, Worker Compensation and Excess lines focused on the Environmental industry.
  • Visit existing and potential new brokers to discuss our products and procedures such as; underwriting appetite, premium collection policy, profitability issues, pricing and coverage issues.
  • Possess the capability to handle all lines of business and all types of rating programs
  • Capable of looking beyond individual account transactions; managing a book of business to achieve new business, renewal retention and ROE objectives in support of the Division.
  • Handle all aspects of processing the Broker accounts.
  • Perform financial analysis on the audited/reviewed financials or other financial information of insures using appropriate tools.
  • Create and solicit renewal applications from the broker after reviewing the expiring policy and loss information.
  • Underwrite endorsement requests from brokers and sign-off where required.
  • May assist other underwriters in processing renewals, new business and endorsements.
Qualifications:
  • Bachelor’s degree (Prefer in Risk Management or Environmental Sciences)
  • 5-10 years of commercial underwriting experience as well as multi-line rating experience.
  • Capable of working in a “paperless” work environment.
  • Proficient in Excel, Word, Spreadsheets, PowerPoint and email systems.
  • Experience with utilizing available tools in risk selection, pricing and account management.
  • 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: $70,000-$123,000 • 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

Berkley