AVP, Excess Casualty Binding Authority Broker

Responsibilities

• Analyze potential and existing customers by gathering and reviewing financial condition, loss and exposure history, and other relevant information to determine account acceptability.
• Assess economic acceptability of risks and other criteria affecting insurance coverage and premiums.
• Set rate and coverage levels under supervision.
• Develop and maintain relationships with peers, customers, and brokers/agents.
• Evaluate and analyze new and renewal book of business from evaluation to assessing, analyzing, and pricing risk.
• Manage and grow a high-quality excess casualty insurance portfolio through wholesale broker partners.
• Understand and manage the relationship between the brokerage community and company.
• Maintain producer/agency contact log information in electronic databases.
• Participate in agency visits with binding specialists, claims representatives, or loss control representatives to develop customer contacts.
• Travel to conduct broker marketing meetings and attend industry events as directed by management.
• Leverage industry relationships to grow portfolio using Berkley Custom’s proprietary playbook and broad appetite.
• Evaluate risk characteristics of submissions to determine business opportunities in line with guidelines and company philosophy.
• Review account documents for accuracy before releasing to brokers and/or company clients.
• Analyze and price business according to company guidelines.
• Assess risk quality and compliance within company guidelines and initiate appropriate loss prevention actions.
• Order and screen necessary reports for rating and account processes, such as loss history reports, credit checks, outside inspections, loss control, etc.
• Determine the acceptability, quality, and profitability of new and existing business based on company guidelines and objectives.
• Obtain required account approvals when necessary.
• Contribute to firm-wide development of Berkley Custom operations, marketing plans, product analysis, services, geographic focus, and broker intelligence.
• Communicate and collaborate effectively with other leaders at Berkley Custom to broaden knowledge of trends, opportunities, and technical pricing.

Qualifications

• Bachelor's degree (B. A.) from a four-year college or university, or 10+ years related experience and/or training, or equivalent combination of education and experience.
• 10+ years of experience in excess casualty.
• Excess casualty professional with strong relationships within the wholesale brokerage channel.
• Deep understanding of the market and a history of strong industry relationships.
• Strong written and verbal communication skills.
• The ability to manage multiple priorities and make independent judgments.
• A team player, willing and eager to learn, organized, detailed, and flexible.
• An unwavering demonstration of integrity, respect, and professionalism.
• Occasional travel, including overnight trips.