What are the responsibilities and job description for the AVP, Underwriting position at Berkley?
Company Details
From middle market to Fortune 500 companies, Berkley Custom’s team is committed to providing excellent service and a consistent approach to meet the needs of their brokers and their customers, bringing specific expertise in excess casualty as well as a variety of targeted primary and excess programs.
They seek to outperform competitors with focus and deep understanding of their client’s priorities and by developing creative risk solutions to meet their long-term needs. Their key differentiators include the following:
EXCLUSIVE PARTNERSHIPS – Berkley Custom works exclusively the wholesale brokerage community as well as their program partners, and continually builds upon long established relationships with a passion for superior service for their appointed producers.
INDUSTRY PROFESSIONALS – Berkley Custom attracts and retains professionals with significant experience in their field, many with over 25 years in the business. Their culture values and promotes deep industry knowledge, integrity, excellence, and respect.
LONG-TERM APPROACH TO ACCOUNTS – Berkley Custom continually seeks partners for the long term who share their values and risk management discipline.
Long-term relationships have been their management’s trademark in over 30 years of serving customers in the E&S and Program marketplace. Their team is dedicated to serving the varied casualty exposure needs of their brokers and their customers. By truly understanding risk exposures in a constantly changing global environment, they can better work with you to keep risk placement recommendations current and responsive.
The company is an equal opportunity employer.
Responsibilities
Berkely Custom Insurance Managers is seeking an experienced excess and umbrella underwriter to join their New York City based team as an Assistant Vice President.
In this role you will:
- Be responsible for analyses of potential and existing customers by gathering and reviewing information on the companies’ financial condition, loss and exposure history, and other relevant information to determine underwriting acceptability.
- Assess risk, set rate and coverage levels.
- Establish, support, and maintain effective relationships with peers, customers, and brokers/agents.
- Be responsible for broker management and participate in agency visitations with underwriters, claims representatives or loss control representatives to develop and maintain industry contacts.
Qualifications
- 10 years of underwriting experience that included umbrella and excess products.
- Deep understanding of the market and a history of strong industry relationships.
- Strong written and verbal communication skills are a must.
- Must be able to manage multiple priorities and possess the ability to make independent judgments.
- Must be a team player, willing and eager to learn, organized, detailed and flexible.
- Position requires occasional travel, including overnight trips.
- Bachelor’s degree with a major in Insurance or related field.
Additional Company Details
The Company is an equal employment opportunity employer. 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. • Base Salary Range: $175K to $225K. • Eligible to participate in annual discretionary bonus • Benefits include: Health, dental, vision, dental, 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.Salary : $175,000 - $225,000
