What are the responsibilities and job description for the Senior Commercial Lines Underwriter position at Berkley?
Company Details
Berkley North Pacific is rooted in the Pacific Northwest offering personalized commercial insurance solutions through collaborative efforts for ultimate customer experience. We do this by empowering our people and being 100% customer obsessed. Additionally, we offer the reassurance to our customers that their insurance investment is sound, as we are backed by the resources of a Fortune 500 company, W. R. Berkley Corporation.
At BNP we believe in our core values of Integrity, Ownership, Collaboration, and Innovation. We recognize our employees for their outstanding performance in establishing a workplace where employees can thrive, enjoy their work, and help our company grow.
This position would ideally be based in our Meridian, office which offers a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so. We'd be open to a fully remote candidate but they must be located within the BNP territory (OR, WA, ID, UT or WY state).
The Company is an equal employment opportunity employer. #LI-AV1 #LI-Remote
Responsibilities
As a Senior Commercial Underwriter, you'll directly impact the company’s growth and profitability goals within an assigned territory and book of business. You will underwrite commercial property and casualty accounts by determining risk acceptability and pricing in accordance with established underwriting guidelines and within established authority level. You'll be given the autonomy to manage a book of business in a fast-paced environment. We'll trust you to serve as the point of contact for assigned agencies and is responsible for the agency relationship.
What you can expect:
- Culture of innovation, teamwork, supportive colleagues and leaders willing to invest in talent
- Internal mobility opportunities
- Visibility to senior leaders and partnership with cross functional teams
- Opportunity to impact change
- Benefits – competitive compensation, paid time off, comprehensive wellness benefits and programs, employer funded health savings account, profit sharing, 401k, paid parental leave, employee stock purchase plan, tuition assistance and professional continuing education
We'll count on you to:
- Manage a book of business to make decisions achieving company strategies and goals
- Assess new Agribusiness insurance risks and determines accurate classification of business, policy contract forms and pricing of risk. Accept and price risk in accordance with established underwriting guidelines and within authority level.
- Review renewal accounts for acceptability by examining business operations, classification, contract forms and loss activity. Determine price in accordance with established underwriting guidelines and within authority level. Review endorsement requests and takes appropriate action.
- Maintain accurate underwriting documentation and information to meet quality review standards.
- Develop, expand and enhance agency relationships to promote profitability and growth of new business and the retention of existing business. Travel within or to assigned territory to meet with agents to enhance business relationships.
- Lead or participate in agency training sessions.
- Leverage agent relationships to drive new business opportunities via existing relationships as well as where there is no existing relationship; continually prospects for new opportunities through pipeline development.
- Achieve or surpass agency visibility goals to include both in person and virtual sales calls.
- Act as a business partner to agents. Uses strong negotiation skills and deep product knowledge to meet the needs of the customer.
- Collaborate with claims, risk management and other underwriting team members as needed to ensure prompt and professional underwriting service is provided.
- Participate in, and may lead, underwriting and agency meetings.
- Identify, innovate, and suggest new procedures, and opportunities to streamline department processes and workflows.
- Cultivate strong customer service skills including consistency, timeliness, and product knowledge.
Qualifications
What you need to have:
- Bachelor’s Degree from a 4-year college or university; or more than five years related experience and/or training; or equivalent combination of education and experience.
- 5 years experience rating and pricing commercial property & casualty insurance risks
- Effectively organize, prioritize and manage multiple priorities
- Communicate with a high level of professionalism with internal and external customers
- Develop and maintain strong business relationships; and travel on a regular basis, including overnight.
- Ability to work outside normal work schedule to fulfill responsibilities
What makes you stand out:
- Advanced insurance education desired, i.e., CPCU, AAI, CIC
- Familiarity with agricultural operations and corresponding insurance products
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
