Broker Specialist / E&S Underwriting - Manufacturing & Products Liability
Vela Insurance Services (a Berkley Company) · Scottsdale, AZ · 2 wk ago
ManagementFull-time
Responsibilities
- Serve as the lead underwriter for new business opportunities within the assigned market segment.
- Evaluate risk, determine pricing, and structure competitive and profitable coverage solutions.
- Negotiate terms, conditions, and pricing directly with broker partners.
- Maintain a robust pipeline to meet or exceed new business production targets.
- Monitor rate adequacy and ensure alignment with underwriting guidelines and profitability benchmarks.
- Contribute insights toward portfolio management strategies.
Broker Relationship Management
- Develop and execute broker engagement strategies to build long-term, productive partnerships.
- Act as the primary point of contact for assigned wholesale brokers.
- Provide timely, responsive service and strategic underwriting guidance.
- Conduct regular in-person and virtual broker visits to strengthen relationships and drive submissions.
- Represent the company at industry events, broker meetings, and conferences.
Collaboration & Execution
- Partner with internal underwriting, actuarial, and support teams to deliver competitive quotes and solutions.
- Support renewal retention efforts across assigned broker accounts.
- Provide market feedback to inform underwriting strategy and product development.
- Recommend enhancements to underwriting guidelines and product offerings based on emerging trends.
Operational Excellence
- Maintain accurate, complete documentation in underwriting systems.
- Leverage technology, including AI-enabled tools, to drive efficiency and productivity.
- Adhere to established productivity standards and performance metrics.
- Monitor market trends, competitive positioning, and broker feedback.
Qualifications
- Bachelor’s degree in Business, Insurance, Risk Management, or a related field preferred.
- 3–5+ years of experience in E&S underwriting or broker-facing insurance sales.
- Demonstrated success in new business production and broker relationship management.
- Strong negotiation, communication, and presentation skills.
- In-depth knowledge of E&S market dynamics and wholesale distribution channels.
- Ability to work both independently and collaboratively in a fast-paced, production-driven environment.
- Proficiency in underwriting systems and Microsoft Office Suite.
Additional Requirements
- Willingness and ability to travel regularly for broker engagement and marketing visits.
- Consistent, reliable attendance and professional presence.
Benefits
- Eligible to participate in annual discretionary bonus.
- Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.