What are the responsibilities and job description for the Excess Energy Underwriter, AVP/VP position at Berkley?
Company Details
Berkley Specialty Excess, a W. R. Berkley Company, is a wholesale-dedicated excess and surplus lines commercial insurance carrier. We specialize in underwriting difficult-to-place moderate to high-risk commercial business looking for creative solutions to new and unusual complex Environmental and Energy risks
Company URL: https://www.berkleyse.com/
The company is an equal opportunity employer.
Responsibilities
This role will focus on assisting with the development and implementation of a newly formed business for W.R. Berkley. Candidate will play a key role in the strategic direction of the underwriting platform, business development and marketing strategies for the unit’s book of business, managing to produce and retain key accounts, and maintaining an acceptable profit by keeping abreast of market trends. In addition, this role will provide a key supporting role in the development of products, processes, guidelines, and the underwriting audit process.
- Responsible for the overall management, business development, analysis and monitoring of an excess energy book of business.
- Production and underwriting of new and renewal accounts.
- Development and management of business and broker/agent relationships.
- Ensure compliance with underwriting documentation rules and guidelines.
- Maintains an acceptable underwriting profit.
- Adherence to Berkley Specialty Excess underwriting guidelines and referral compliance.
- Participates in internal company training and continuing education.
- Remains current on new product opportunities as it pertains to market trends, appetite, and risk.
- Stays abreast and knowledgeable on market trends in terms of forms, coverage, and appetite to maintain competitiveness.
- Leverage skills and expertise outside of desk responsibilities, including participation in marketing/public speaking events.
- Up to 25% travel.
Additional Responsibilities include:
- Provide support to the underwriting audit process.
- Support the drafting of policy language and coordinate with Claims and Legal to finalize wording.Act as a role model promoting company brand and culture.
- Assist with special projects and tasks, as directed by the President.
Qualifications
- Bachelor’s Degree or equivalent insurance experience required.
- Minimum of 10 years of commercial insurance underwriting experience, preferably in E&S markets.
- Technical knowledge of general casualty lines of coverage, other lines of experience a plus.
- Experience with excess energy contractual wording, rating methodologies, financial analysis, and policy structure.
- Research and project management experience.
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. 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
