What are the responsibilities and job description for the Sr. Underwriter - Small Commercial position at Berkley Mid-Atlantic Insurance Group (a Berkley Company)?
Company Details
Berkley Mid-Atlantic Insurance Group is a member of W. R. Berkley Corporation, a Fortune 500 company that is listed on the New York Stock Exchange and is part of the S&P 500.
W. R. Berkley Corporation’s insurance company subsidiaries are rated A (Superior), Financial Size Category XV by A.M. Best Company and A (Strong) by Standard & Poor’s. Berkley’s competitive advantage lies in its long-term strategy of decentralized operations. This structure provides each Berkley business the agility of a small business and the strength and resources of a Fortune 500 organization, as well as the financial accountability and incentives to attract and retain the highest-caliber professionals.
Berkley Mid-Atlantic Insurance Group works with a small and select number of appointed agents to deliver customized coverage for our clients’ unique insurance needs. We focus of small and middle market commercial accounts within the Service, Manufacturing, Retail, Constructions, Wholesale, Finance and Real Estate industries.
Company URL: https://www.wrbmag.com/
The company is an equal opportunity employer.
Responsibilities
As a Senior Underwriter, you will obtain and evaluate information needed to underwrite and price new business, renewals and service endorsements on individual policies within your delegated level of authority. This role works with an underwriting team and our agency partners and offers the opportunity to learn and grow within commercial underwriting.
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.
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 Mid-Atlantic Insurance Group is a member of W. R. Berkley Corporation, a Fortune 500 company that is listed on the New York Stock Exchange and is part of the S&P 500.
W. R. Berkley Corporation’s insurance company subsidiaries are rated A (Superior), Financial Size Category XV by A.M. Best Company and A (Strong) by Standard & Poor’s. Berkley’s competitive advantage lies in its long-term strategy of decentralized operations. This structure provides each Berkley business the agility of a small business and the strength and resources of a Fortune 500 organization, as well as the financial accountability and incentives to attract and retain the highest-caliber professionals.
Berkley Mid-Atlantic Insurance Group works with a small and select number of appointed agents to deliver customized coverage for our clients’ unique insurance needs. We focus of small and middle market commercial accounts within the Service, Manufacturing, Retail, Constructions, Wholesale, Finance and Real Estate industries.
Company URL: https://www.wrbmag.com/
The company is an equal opportunity employer.
Responsibilities
As a Senior Underwriter, you will obtain and evaluate information needed to underwrite and price new business, renewals and service endorsements on individual policies within your delegated level of authority. This role works with an underwriting team and our agency partners and offers the opportunity to learn and grow within commercial underwriting.
- Manage a territory of select, independent agents. Berkley Mid-Atlantic Group strives to build strong, deep relationships with a limited number of agencies in each territory.
- Develop and maintain positive agency relationships.
- Partner with assigns territory sales managers to support customer needs and drive value.
- Examine new business to determine if risk meets established eligibility guidelines
- Stay abreast of competitor actions and pricing in assigned territory, make recommendations to ensure BMAG’s Small Commercial product offering continues to be relevant and differentiated in the market.
- Evaluate prospective profitability of potential business submissions and make justifiable pre-qualification decisions
- Train, and advocate for BMAG agency collaboration tools like our quote systems, agency portal and online endorsement capabilities
- Utilize various underwriting tools to determine acceptable risk characteristics, determine accurate exposure classifications, set adequate property limits to accomplish appropriate insurance to value, and rate and quote business agents.
- Other duties as required
- Bachelor’s degree in business or equivalent combination of education and work experience
- Experience in Insurance Sales, Underwriting, and Marketing
- Experience and demonstrated ability to manage multi-state marketing territory.
- Willingness to travel as territory requires.
- Demonstrated ability to influence internal and external customers
- Demonstrated ability to develop and build a book of business
- Ability to effectively communicate with all levels of employees and management
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.
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
