Senior Underwriter

Preferred Employers Insurance, a Berkley Company, specializes in providing workers’ compensation insurance to California business owners across three segments: Small Business Owners, Mid-Larger Businesses, and Group Association Members. The company partners with 400+ agent and broker locations statewide, serving 10,000 policyholders with medical claims handling and management. Rated A+ Superior by AM Best & Company.

Responsibilities

• Risk Evaluation: Selection, retention, and pricing of new and existing business in accordance with the company’s underwriting philosophy and guidelines.
• Broker Relationships: Proactively develops and fosters positive, professional relationships with agency partners to promote the company’s products and services.
• Premium Growth: Works closely with Field Sales Managers in plan management of brokers, including generation of submissions, target quote and bind hit ratios, and co-working agency business plans and incentives.
• Underwriting Profit: Collaborates with Field Sales Managers to achieve pricing and commission targets to meet profitability objectives.
• Selects new business and evaluates renewal accounts in line with company underwriting philosophy, authority parameters, and written/verbal procedures.
• Demonstrates professionalism and courtesy with agents, responding quickly and ethically to requests and delivering on commitments.
• Provides accurate education to agents about the company’s risk selection philosophy and pricing guidelines.
• Monitors performance criteria such as premium and unit count goals, mix of business, written-to-quoted ratio, and declination ratio for assigned agencies and territory.
• Achieves growth objectives by seeking sales opportunities, soliciting desirable business, and following up on quoted business.
• Travels regularly to agencies for field underwriting and quoting as needed.
• Reviews claims activity, loss control surveys, and inspection reports for existing policies, handling as required.
• Collaborates with other departments to resolve policy issues.
• Determines appropriate action for policy changes, delegating to assistant underwriters or processing assistants when necessary.
• Provides mentoring and training to other staff members.

Requirements

• BA/BS degree from an accredited institution, or equivalent.
• 5+ years of experience in California workers’ compensation underwriting, or equivalent.
• Demonstrated ability to work in a fast-paced, decision-oriented environment.
• Excellent communication, negotiation, and analytical skills.
• Strong organizational skills and ability to manage multiple tasks.
• Proficiency in MS Office products and other automation tools.
• Ability to work independently and in a collaborative team environment.

Benefits

• Health, Dental, and Vision insurance.
• Life and Disability coverage.
• Wellness programs.
• Paid Time Off.
• 401(k) and Profit-Sharing plans.

Pay

Base Salary Range: $80,000 - $135,000 annually. The actual salary will be determined by factors including scope, complexity, location, skills, education, training, credentials, and experience.

Sponsorship is not offered for this role.