Demo

Middle Market Underwriter

Berkley
Charlotte, NC Other
POSTED ON 3/28/2024 CLOSED ON 5/13/2024

What are the responsibilities and job description for the Middle Market Underwriter position at Berkley?

Company Details

 

Berkley Southeast Insurance Group (BSIG) is a member company of W. R. Berkley Corporation, a Fortune 500 Company, whose insurance company subsidiaries are rated A (Superior) by A. M. Best Company. BSIG provides local underwriting, risk services, claim, marketing and audit services for agents and policyholders in Alabama, Georgia, Mississippi, South Carolina, North Carolina and Tennessee. We take a broad approach to underwriting for ‘best in class’ businesses, primarily in: construction, light manufacturing, wholesale, distribution and business service industries.

 

The Company is an equal employment opportunity employer.  

Responsibilities

As a Middle Market Underwiter, you'll evaluate and maintain risk acceptability and profitability within the company’s underwriting guidelines and procedures for commercial risks. You'll partner with agents to manage a challenging and/or complex book of commercial business or agency relationships. We'll trust you to make complex decisions, recommend quality exceptions where appropriate to maximize profitability and meet business plans. You'll also support marketing activities to agents and actively participates in the agency management process. You will also have the opportunity to serve as a mentor providing technical support and problem solving for other underwriters. 

 

What you can expect:

  • Culture of innovation, teamwork, supportive colleagues and leaders willing to invest in talent
  • Internal mobility opportunities 
  • Visibility to senior leaders and partnership with cross functional teams
  • Opportunity to impact change
  • Benefits – competitive compensation, paid time off, comprehensive wellness benefits and programs, employer funded health savings account, profit sharing, 401k, paid parental leave, employee stock purchase plan, tuition assistance and professional continuing education

We'll count on you to:

  • Analyze commercial lines accounts to make decisions based on individual risk characteristics, exposure analysis, hazard recognition and control.  Utilizes underwriting guidelines to ensure compliance with state regulations.  Within delegated authority levels, accepts, rejects or modifies new and/or renewal business to ensure a profitable book of business. 
  • Price business according to Company underwriting and pricing guidelines.  Assist less experienced underwriters in the handling of high hazard or more complex accounts.  Ability to use creativity and underwriting knowledge to write risks and retain business.
  • Partner with Territory Managers to support marketing activities by developing ongoing relationships with agents to discuss market appetite, quality and profitability of submissions, service standards, and underwriting and/or product changes.  Communicate with agents on underwriting issues including decisions on cancellations, declinations, exposure concerns, and survey results.
  • Partner with Territory Managers to identify issues or patterns and works to resolve or improve them; participate in agency planning and review processes; and may identify sales and marketing opportunities.   Take a lead role relative to Key Account review and recommendations.
  • Travel, with or without Territory Manager, to assigned agent locations to develop agency partnerships.
  • Train and educate agency staff on Company products, services, processes, and underwriting philosophy. 
  • Assist in training and serves as a technical resource to other underwriters as needed.
  • Attend industry workshops/meetings each year.  

Qualifications

What you need to have:

  • Four-year college degree or equivalent combination of education and work experience.
  • Minimum of 2-5 years commercial lines underwriting experience, including but not limited to Commercial General Liability, Property, Packages, BOP, Commercial Auto, Crime, Inland Marine, Umbrella and/or Workers Compensation
  • Comprehensive knowledge of commercial lines products and contract knowledge including regulatory and policy differences among applicable states. 
  • Demonstrated ability to develop and maintain relationships with agents and other departments and must also exemplify superior teamwork
  • Strong proficency with MS Office and the ability to work with multi-faceted systems

What makes you stand out:

  • CPCU Designation or other equivalent coursework preferred 
  • Demonstrated depth in negotiation, analytical and problem solving skills
  • Excellent organizational skills, ability to handle multiple tasks, effectively prioritize while also exhibiting sound judgment
  • Excellent written and verbal communication skills  #propertyandcasualtyinsurance #commercialautoinsurance #commerciallinesunderwriter

Additional Company Details

We do not accept any unsolicited resumes from external recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees. 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.

Sponsorship Details

Sponsorship not Offered for this Role
Middle Market Banker
First Horizon -
Charlotte, NC

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