Director, Excess Casualty E&S Underwriter
W. R. Berkley Corporation · Stamford, CT · 1 mo ago
Accounting$130k–$170k/yrFull-time
Responsibilities
- Analyze potential and existing customers by gathering and reviewing financial condition, loss and exposure history, and other relevant information to determine underwriting acceptability.
- Assess economic acceptability of risks and other important criteria affecting insurance coverage and premiums.
- Assess risk quality and compliance within company guidelines and initiate appropriate loss prevention actions.
- Order and screen necessary reports for the rating and underwriting processes, such as loss history reports, credit checks, outside inspections, loss control, etc.
- Evaluate risk characteristics of submissions to determine business opportunities in accordance with guidelines and company philosophy.
- Review underwriting documents for accuracy before releasing to brokers and/or company clients.
- Analyze coverage and limit requests to determine terms to offer.
- Price business in accordance with company guidelines.
- Assist with the input of preliminary underwriting information; gather third party reports and information on submissions, according to priority ranking by the underwriting team.
- Assist with pre-underwriting on renewals prior to the policy expiration date to determine whether notice of non-renewal or change in risk letters are required.
- Utilize judgment to assist in determining the extent of pre-underwriting or non-renewal for renewals.
- Receive, accept, and follow up for additional information on submissions on hold status.
- Follow up with producers to collect accurate lost quotation information.
- Receive, accept, and evaluate binder conditions.
- Other duties and special projects as assigned.
Qualifications
- Bachelor’s degree in Insurance or related field.
- Ability to conceptualize and analyze financials at a college level, as required by product line.
- Strong written and verbal communication skills.
- Able to manage multiple priorities and make independent judgments.
- Able to be a team player, willing and eager to learn, organized, detailed, and flexible.
- Occasional travel, including overnight trips, may be required.