What are the responsibilities and job description for the Underwriting Technician, Healthcare position at Berkshire Hathaway Specialty Insurance?
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:
Berkshire Hathaway Specialty Insurance Company has an exciting opportunity for an Underwriting Technician to join our Healthcare team in our Chicago or New York office(s). The Underwriting Technician (UT) will work within and support the underwriting team and will perform tasks to directly support the underwriting process including pre-quote, pre-bind, bind and post bind transactions. The UT will also perform additional underwriting support activities associated with information gathering and rating for new business, renewals and midterm policy changes. Additionally, the UT will assist with electronic file preparation on behalf of the Underwriter. This role is four days in the office weekly.
Duties & Responsibilities:
- Support underwriters with all activities related to account development
- Build electronic files and ensure file integrity
- Coordinate policy issuance and liaise with Operations team
- Triage broker submissions and ensure all required underwriting data is accurate
- Draft quotes and binders and review with underwriters
- Correspond with brokers; follow up on outstanding information
- Act as a liaison between Underwriter and Operations Teams
Qualifications, Skills and Experience:
- 1-5 years relevant experience. Commercial insurance experience a plus
- Understanding of policy construction, regulatory requirements, rating and policy issuance
- Strong analytical and problem-solving skills
- Proven attention to detail
- Must be proactive and able to work within a team environment
- Ability to support and enhance workflow and process
- Strong communication skills; both verbal and written
- Strong willingness to learn
- BA/BS degree or equivalent experience
- Strong competency in MS Office applications
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 $60K - $80K along with annual bonus eligibility; a candidate’s salary is determined by their relevant skills, experience and location. 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 : $60,000 - $80,000