Executive Technology Underwriter

About the Company

Berkley Technology Underwriters is a global insurance provider offering property, casualty, professional, and cyber insurance coverage for technology companies.

Responsibilities

• Manage and grow an Illinois book of business while acquiring new business focused on Technology Middle Market insurance customers.
• Analyze customers’ business information and claims history, and monitor clients’ activities to adjust policies as risks evolve.
• Evaluate acceptability of individual risks and determine overall acceptability of risk, coverage terms, and pricing to achieve company profit objectives.
• Work with agents/brokers to develop productive and profitable relationships while ensuring compliance with company underwriting guidelines and insurance regulators.
• Maintain profitable results by achieving high premium retention ratios.
• Handle new and renewal submissions and endorsement requests from agents/producers.
• Document underwriting files to support analysis, coverage terms, and pricing.
• Operate according to underwriting authority as delegated by manager.
• Lead renewal business initiatives for territory, including pricing, premium retention, coverage analysis, loss control, claim service needs, and account stewardship.
• Provide clear instruction and guidance to underwriting support and operations staff.
• Develop sales and marketing skills and strategies to meet financial goals.
• Follow established pricing, underwriting, and documentation protocols set by underwriting management.
• Mentor and coach junior underwriters and underwriting support staff.
• Perform other functions as assigned.

Qualifications

• 3 to 5 years of commercial underwriting experience.
• Knowledge of commercial lines underwriting standards, practices, and rating/pricing methods.
• Experience interpreting coverage forms.
• Negotiation skills.
• Experience selling and/or marketing insurance products and services.
• 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 and presentation skills.
• Excellent PC skills and working knowledge of Windows environment.
• A valid driver’s license and vehicle insurance coverage.

Education Requirement: Four-year college degree or equivalent experience.

Benefits

• Health, dental, and vision insurance.
• Life and disability insurance.
• Wellness programs.
• Paid time off.
• 401(k) and profit-sharing plans.

Pay

Base Salary Range: $120,000–$150,000. Eligible to participate in an annual discretionary bonus. The actual salary will be determined by factors including scope, complexity, location, skills, education, training, credentials, and experience.

Additional Requirements

• Travel: 25%–50%.
• For highly qualified candidates with established relationships within the Illinois Territory, remote work arrangements may be considered. Candidates must be willing and able to travel throughout the territory as needed.