What are the responsibilities and job description for the Senior Underwriter, Express position at Berkley?
Company Details
Intrepid Direct Insurance (IDI) is a rapidly growing direct to consumer Property and Casualty insurance company. A member of the W. R. Berkley Corporation, a fortune 500 company, rated A (Superior) by A.M. Best, Intrepid Direct’s vision is to make life better for business. The insurance industry has not evolved with innovation like other major industries. We’re here to change that. We are making life better for our customers, shareholders, and our team members by leveraging data and technology as insurance experts for our targeted customers. You will be part of a highly collaborative team of talented and focused professionals. Join a group that enjoys working together, trusts each other, and takes pride in our hard-earned success.
https://intrepiddirect.com/
The Company is an equal employment opportunity employer.
Responsibilities
The Senior Express Underwriter is a member of our Express Account underwriting team. Our Express Account team underwrites accounts on the lower end of our premium range with moderate technical complexity. Our industry focus includes, but is not limited to, Restaurants, Last Mile Delivery, Auto Aftermarket, and Fitness.
This role’s primary responsibility will be to manage their assigned book of business. In addition, you will contribute to our underwriting direction, evaluate individual account profitability, collaborate with our staff underwriting team on product enhancements, and work on projects that help drive the Underwriting department forward. You will also have the opportunity to contribute and explore new insurance products and new business segments as Intrepid continues to grow and evolve.
Key functions include but are not limited to:
- Underwrite accounts per letter of authority, new and renewal, with minimal direction.
- Profitably underwrite assigned book of business.
- Utilize various underwriting tools to determine acceptable risk characteristics, accurate classifications, insurance to value, develop pricing, etc.
- Contribute to the refinement of underwriting processes and workflows.
- Gain deep expertise in our targeted business segments.
- Support underwriting team on projects as needed.
- Collaborate with our sales, client services, and actuarial teams.
- Execute underwriting strategy and follow established underwriting guidelines.
- Meets or exceeds performance requirements on UW File Review Audits.
- Interact continuously with all levels of employees of various departments.
Qualifications
- Bachelor’s degree or equivalent experience.
- Underwriting experience – minimum of 2 years as a company underwriter specifically in commercial property and casualty underwriting.
- CPCU, AU, and/or other related professional designations preferred/current progress underway.
- Has underwritten new and renewal business with success in achieving growth and profitability.
- Background using data analysis to guide underwriting philosophy and decisions.
- Multi-line commercial background including Property, Liability, Automobile, Umbrella, Workers Compensation, and BOPs.
- Knowledge underwriting “main street” classes of business.
- Build sustainable relationships of trust through open and interactive communication.
- Large account underwriting experience or line of business expertise a plus.
Additional Company Details
We do not accept any unsolicited resumes from external recruiting agencies or firms. 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.
