What are the responsibilities and job description for the Industry Specialist position at Berkshire Hathaway GUARD Insurance Companies?
Overview
Good things are happening at Berkshire Hathaway GUARD Insurance Companies. We provide Property & Casualty insurance products and services through a nationwide network of independent agents and brokers. Our companies are all rated A “Superior” by AM Best (the leading independent insurance rating organization) and ultimately owned by Warren Buffett’s Berkshire Hathaway group – one of the financially strongest organizations in the world! Headquartered in Wilkes-Barre, PA, we employ over 1,000 individuals (and growing) and have offices across the country. Our vision is to be a leading small business insurance provider nationwide.
Founded upon an exceptional culture and led by a collaborative and inclusive management team, our company’s success is grounded in our core values: accountability, service, integrity, empowerment, and diversity. We are always in search of talented individuals to join our team and embark on an exciting career path!
Benefits:
We are an equal opportunity employer that strives to maintain a work environment that is welcoming and enriching for all. You’ll be surprised by all we have to offer!
- Competitive compensation
- Healthcare benefits package that begins on first day of employment
- 401K retirement plan with company match
- Enjoy generous paid time off to support your work-life balance plus 9 ½ paid holidays
- Up to 6 weeks of parental and bonding leave
- Hybrid work schedule (3 days in the office, 2 days from home)
- Longevity awards (every 5 years of employment, receive a generous monetary award to be used toward a vacation)
- Tuition reimbursement after 6 months of employment
- Numerous opportunities for continued training and career advancement
- And much more!
Responsibilities
The Industry Analyst will support the Industry Managers and other members of the Home Office Underwriting team to analyze internal and external data to support our crossline underwriting strategies. This role requires a strong ability to contribute date-driven and experience -driven ideas, actively supporting the execution of strategic initiatives. The position can be located in either Wilkes-Barre, PA, New York, NY, Philadelphia, PA, Conshohocken, PA, Parsippany, NJ or Atlanta GA.
Key Responsibilities
- Leverages experience in product and/or underwriting to provide strategic input and make actionable recommendations pertaining to line of business focus, including the development of guidelines and product strategies for commercial lines
- Support portfolio analysis, accepting guidance from Industry Managers on KPIs. Support the design, development and implementation of system and process solutions that align with the line of business specific strategy.
- Collaborate with training and marketing to develop communication, training, and marketing materials in support of new or enhanced products and initiatives. May require delivery of training materials or content
- Outline post implementation monitoring and measurement mechanisms for line of business specific strategies in support of outlined success criteria.
- Conduct competitor intelligence research.
- Ensure alignment between underwriting guidelines and target appetite to maintain profitability.
- Document, maintain, and version control underwriting guidelines, strategies, and enhancements.
- Collaborate with Strategic Business Analysis Unit for the purposes of ad-hoc analysis to support strategies, guidelines, and initiatives
Qualifications
- 5 years of experience in commercial P&C insurance, with a background in underwriting, strategy, analytics, finance and/or consulting
- Working knowledge in underwriting property, general liability, auto, workers compensation and/or umbrella.
- Strong understanding of insurance product development, pricing strategy, and the insurance value chain.
- Excellent communication and problem-solving skills with a proven ability to influence others, including executive leadership, to achieve target outcomes
- Bachelor's degree in Business, Finance, Actuarial Science, or a related field
Salary Range
$65,000-$120,000.00 USD
The successful candidate is expected to work in one of our offices 3 days per week and also be available for travel as required.
The annual base salary range posted represents a broad range of salaries around the U.S. and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.
Salary : $65,000 - $120,000
