What are the responsibilities and job description for the Small Business Production E&S Underwriter position at Berkley?
Company Details
Berkley Aspire is an excess & surplus lines insurer of commercial risks unable to find a home in the standard markets. We are an operating unit of WR Berkley, a publicly traded (NYSE “WRB”) global insurer founded in 1967.
We make excess & surplus lines easy – easy for our distribution partners, easy for the businesses they represent, and easy to navigate. The lines of coverage we underwrite include general liability, property, and excess liability. Our model is different than our competitors – we do the premium billing and do not add interest/ finance percentage, we offer enhanced commissions, and we handle the stamping, affidavit filings, and other behind-the-scenes paperwork.
Our company culture is entrepreneurial, employee centric, and focused on sustainable growth. Aspire teammates work either remotely or on a hybrid schedule from offices in Scottsdale, Cincinnati, and Richmond. If you are looking for a company that offers room for advancement, great benefits, and positive vibes, then Aspire may be the place for you!
www.berkleyaspire.com
Responsibilities
The Small Business Production Underwriter will produce new business as part of an assigned territory underwriting team(s). The SBU will help manage the assigned underwriting territory(s) to achieve profitable grown, including underwriting new business and marketing to our Agent partners. Identify new business opportunities and manage agency relationships.
This role services agents in Arizona, and will be located in our Scottsdale, AZ office location.
Specific Duties:
- Review and underwrite new business submissions for acceptability according to authority granted.
- Evaluate, accept, reject, or modify risks within established underwriting guidelines and authority. Comply with company policies, procedures and rating plans when evaluating and managing risk.
- Make sound risk and pricing decisions that achieve profitable loss ratios.
- Achieve designated customer service standards with a focus on fast turn-around time.
- Participate in territory team marketing calls, video conferences, and agency visits. Some travel may be required.
- Provide detailed issuance instructions to ensure policy is delivered consistent with quoted terms and conditions and in accordance with established guidelines relative to policy construction.
- Utilize various underwriting tools to determine acceptable risk characteristics, accurate classifications, insurance to value, calculate rates, etc.
- Recognize and create cross-selling opportunities for other company products.
- Actively market small commercial product to agents and travel within assigned territory, as necessary.
- Reinforce our “ease of doing business” model by meeting or exceeding expectations and service standards on a consistent basis.
- Continues to increase underwriting knowledge and skills. This may be done through formal education (AINS, ASLI, CPCU, CIC).
- Operates according to underwriting authority as granted by Berkley Aspire.
May perform other functions as assigned.
Qualifications
- Bachelor’s degree and two plus years related insurance experience; or equivalent combination of education and experience.
- Minimum of two years of experience in E&S underwriting.
- Must have strong customer service background in a professional environment.
- Have obtained or be actively working on obtaining insurance designations relevant to our field (AINS, ASLI, CPCU, CIC) id preferred.
- Strong customer focus and the ability to respond with a sense of urgency.
- Entrepreneurial qualities, such as trying innovative solutions, resiliency to change and recognizing what is most important to get done.
- Teamwork, providing and welcoming open, honest, respectful, and constructive feedback.
- Ability to work independently and in a team environment.
- Ability to communicate effectively.
- Demonstrated strong written and verbal communication skills.
Berkley Core Competencies:
- Accountability
- Communication
- Customer Focus and Teamwork
- Flexibility
- Innovation and Initiative
Additional Company Details
We do not accept any unsolicited resumes from external recruiting firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes: Eligible to participate in the annual discretionary bonus program Benefits: Health, Dental, Vision, 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.
