Demo

Small Business Underwriting, AVP or Vice President

Berkshire Hathaway Specialty Insurance
Chicago, IL Full Time
POSTED ON 3/4/2025
AVAILABLE BEFORE 5/27/2025

Job Description

Job Description

Who are we?

A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.

We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized. Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?

Learn more about our unique culture and history.

Job Opportunity :

BHSI has an incredible opportunity for an Underwriting Leader to join and help build our Excess & Surplus Lines Small Business platform. It is an exciting time to join, as we launch a new business, with tremendous potential for upside and growth in 2025 and beyond. You will be joining a small, yet mighty team with the opportunity to make an immediate impact that drives further growth at BHSI.

This new position can be based in our Atlanta, Boston, New York City or Chicago office and would report to the Head of Excess & Surplus Lines Small Business.

Duties & Responsibilities :

  • Support the development and build-out of the Excess & Surplus Lines Small Business book of business.
  • Collaborate with the team to set the business strategy contemplating desired industry sectors and lines of business.
  • Assist with product development, underwriting appetite, guidelines and policy forms.
  • Identify and develop new business pipelines and manage renewal retention to meet and exceed financial plans.
  • Proactively interact and maintain relationships with intermediaries.
  • Actively manage the evaluation, selection and pricing of small business accounts.
  • Work with the actuarial team to construct tools used for the assessment of new opportunities and the monitoring of the portfolio.
  • Collaborate with the claims and legal teams to evaluate and build coverage forms.
  • Create, evaluate, and interpret data from various reports and adjust the portfolio accordingly.
  • Be a positive reflection on the company by demonstrating integrity and leadership in the marketplace.

Qualifications, Skills and Experience :

  • A minimum of 10 years of prior Small Business insurance experience with an insurance carrier or insurance broking firm.
  • Technical underwriting skill set with expertise in property, casualty, and professional lines.
  • Strong portfolio management skills, good understanding of profit & loss statement, and deep external broker relationships.
  • Experience and understanding of policy forms.
  • Strong verbal and written communication skills.
  • Excellent analytical and organizational skills.
  • Advanced Excel skills, including familiarity with Lookup and PivotTable functions.
  • BHSI Offers :

  • A competitive package and exciting growth opportunities for career-oriented teammates.
  • A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and our other stakeholders.
  • A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.
  • Benefits that support your life and well-being, which include :
  • Comprehensive Health, Dental and Vision benefits.

  • Disability Insurance (both short-term and long-term).
  • Life Insurance (for you and your family).
  • Accidental Death & Dismemberment Insurance (for you and your family).
  • Flexible Spending Accounts.
  • Health Reimbursement Account.
  • Employee Assistance Program.
  • Retirement Savings 401(k) Plan with Company Match.
  • Generous holiday and Paid Time Off.
  • Tuition Reimbursement.
  • Paid Parental Leave.
  • The base salary range for this position is from $155,000 to $225,000 along with annual bonus eligibility; a candidate’s actual salary is commensurate with their relevant experience and skills. We value our teammates – both their capabilities and character – as demonstrated by our amazing culture.

    NOTE : Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization.

    Salary : $155,000 - $225,000

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