AVP, Technology E&O Underwriter
Berkley Technology Underwriters (a Berkley Company) · Minneapolis, MN · 2 wk ago
Information Technology$190k/yrFull-time
Responsibilities
- Analyze customers’ business information and claims history
- Monitor clients’ activities to change policies as risks evolve
- Evaluate acceptability of individual risks and determine overall acceptability of risk, coverage terms and pricing
- Work with agents/brokers to develop productive and profitable relationships
- Ensure compliance with company underwriting guidelines and insurance regulators
- Utilize sales, marketing and negotiating skills to grow the book and enhance producer relationships
- Manage growth, profit and loss for assigned region
- Manage agency/producer relationships for assigned region
- Handle new and renewal submissions and endorsement requests from agents/ producers
- Document underwriting files to support analysis, coverage terms and pricing
- Operate in accordance with underwriting authority as delegated by manager
- Lead business initiatives for territory including execution of pricing, premium retention, coverage analysis, loss control needs, claim service needs and account stewardship
- Provide clear instruction and guidance to underwriting support staff and operations staff
- Apply sales and marketing skills and strategies to meet financial goals
- Follow established pricing, underwriting and documentation protocol as set forth by underwriting management
- Mentor & coach underwriters and underwriting support staff
Qualifications
- May perform other functions as assigned
- Four-year college degree or equivalent experience
- 5+ years of experience in commercial underwriting
- Knowledge of commercial lines underwriting standards and practices along with rating/pricing methods
- Travel: Travel 25% - overnight travel required
- Knowledge of interpreting coverage forms
- Negotiation skills
- Experience selling and/or marketing insurance products & services
- Producer management – driving results and managing agency/producer relationships
- Strong customer service skills
- Strong oral and written communication skills
- Strong analytical and decision-making skills
- Ability to work independently as well as in a team environment
- Strong interpersonal skills
- Presentation skills
- Excellent PC skills and a working knowledge of Windows environment
- A valid driver’s license and carry vehicle insurance coverage