What are the responsibilities and job description for the Insurance Risk Manager position at Berkley?
Company Overview
Berkley Accident and Health is a leading risk management company that designs innovative solutions to address the unique challenges of each client. With its entrepreneurial culture and strong emphasis on analytics, we can help employers better manage their risk.
We offer a broad range of products, including employer stop loss, benefit captives, provider stop loss, HMO reinsurance, and specialty accident insurance coverages. Our key to success is our nimble approach to risk, our ability to quickly understand, think through, and devise a plan that addresses each client's challenges, coupled with the strong backing of a Fortune 500 company.
We are an equal employment opportunity employer.
Job Description
- We have an exciting opportunity for an Insurance Risk Manager to join our Berkley Accident and Health team. You will be responsible for soliciting, writing, and retaining a profitable book of managed care/reinsurance business and providing support to specialty accident inter-collegiate sports (ICS) and K-12 business.
- You will contribute to the achievement of Berkley Accident and Health's financial plans by meeting established premium growth and profitability goals.
Key Functions
- Assess risk to ensure that the risk meets established underwriting criteria.
- Evaluate, price, and propose rates based on established underwriting guidelines while meeting profitability standards set by management.
- Manage assigned workload to meet productivity and time service standards, ensuring that appropriate action is taken within the requested due date.
- Develop and maintain successful relationships with producer sources.
Estimated Salary: $120,000 - $150,000 per year, depending on experience and location.
Required Skills and Qualifications
- Bachelor's Degree.
- 5 years in underwriting HMO Reinsurance and Provider Excess Loss insurance coverages or first-dollar underwriting experience.
- Experience in underwriting ICS and K-12 business is preferred (as well as any other experience-rated A&H product).
- Strong knowledge of risk evaluation and the rating of targeted business, as well as current industry terminology, trends, and markets.
- Strong knowledge of available products.
- Excellent communication and negotiation skills with internal and external customers.
- Ability to be productive independently, yet work in a team environment.
- Strong organizational, planning, and time management skills.
- Creativity and problem-solving skills.
- Establish and maintain positive working relationships with management and staff to further the company's mission.
Benefits
We offer a competitive compensation package and robust benefits, including health insurance, retirement plans, and paid time off.
Salary : $120,000 - $150,000
