AVP, Underwriting

Company Details

Berkley Healthcare is a dynamic company within W. R. Berkley Corporation, a Fortune 500 company known for its innovative approach to commercial lines insurance. Our team of multi-disciplinary professionals focuses on healthcare organization insurance, offering cutting-edge solutions tailored to the evolving needs of the industry.

About the role

The successful candidate will join the Berkley Healthcare Financial Lines division, contributing to the underwriting and policy issuance of Directors and Officers Liability, Employment Practices Liability, Fiduciary Liability, and Fidelity/Crime policies for large and complex private commercial and not-for-profit healthcare organizations. This role requires a strong background in financial lines underwriting, particularly in the healthcare sector.

Responsibilities

• Determine risk acceptability in accordance with underwriting risk appetite and guidelines
• Prepare thorough underwriting analyses with detailed exposure analysis and independent underwriter assessment
• Make pricing, coverage, terms and conditions determinations and recommendations within defined limits/authority and underwriting guidelines and authority parameters
• Develop, grow and maintain a profitable, diversified book of business aligned with company goals
• Ensure production and loss ratio goals are achieved for assigned book by reviewing, analyzing and evaluating information and taking appropriate action as necessary
• Handle new and renewal, primary and excess business throughout the placement process from underwriting submission receipt to policy issuance
• Develop, grow and maintain positive agency relationships within assigned territory while maintaining a good rapport through responsive levels of service
• Coordinate marketing activities including travel in coordination with Distribution and Marketing Manager
• Foster growth of less experienced staff in a positive and growth-oriented environment
• Actively self-educate as to line of business, industry and insurance trends including exposures, claims, legal, legislative, healthcare, current events, self-improvement and innovation

Qualifications

• Bachelor’s degree from an accredited university or college
• 5+ years of current financial lines underwriting experience, healthcare-specific experience preferred
• Healthcare financial lines underwriting experience highly preferred
• Technical underwriting support skills including submission in-take, new and renewal submission management, pricing preparation, risk analysis preparation, underwriting documentation expertise required
• Demonstrated capability of managing all aspects of the underwriting analyst responsibilities
• Knowledge of financial lines products, coverages and policy forms
• Strong organizational skills required to successfully manage underwriting files and workflow process
• Customer focused (You excel at relationship building and customer responsiveness)
• Strong written and oral communication skills (i.e. Your communication style is flexible and adapts to the situation)
• Ability to prioritize tasks and work on a daily basis in response to a dynamic work environment
• Strong sense of accountability (You can work independently and manage to multiple deadlines)

Benefits

The company offers a competitive compensation plan and a robust benefits package for full-time regular employees, including:

• Base Salary Range: $130,000– $150,000
• Eligible to participate in annual discretionary bonus
• Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans

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