Senior Underwriter - D&O

Responsibilities

• Manage key and/or target broker relationships and expectations.
• Manage the expectations of, and communicate underwriting decisions, requirements, and philosophies to brokerage community.
• Maintain producer / agency contact log in electronic databases.
• Quarterly travel required (when permitted by WR Berkley).

Underwriting Duties

• Assist in distributing business opportunities to underwriting team members to achieve efficient and effective underwriting (based on work flow, ability and priority).
• Provide final approval and guidance on risk analysis presented by members of the underwriting department in accordance with authority levels.
• Evaluate risk characteristics of submissions to determine business opportunities in accordance with guidelines and company philosophy.
• Price, design and recommend policy format for quoted submissions.
• Review underwriting documents for accuracy prior to their release to brokers and/or company clients.
• Discuss, analyze and interpret Berkley Select policy forms and coverage issues.
• Suggest and/or develop policy endorsements to improve Berkley Select’s competitive advantage in the market.
• Provide research assistance in analyzing competitor forms.
• Discuss, analyze and interpret changes to competitor forms and underwriting appetites.

Leadership Duties

• Assist with training junior members of the underwriting and/or support staff on underwriting procedures.
• Provide assistance to management with training and education of the underwriting staff.

Qualifications

• Bachelor’s degree and 4-8 years of management liability underwriting experience.
• Knowledge of management liability insurance policy forms, applicability and issues.
• Ability to conceptualize and analyze financial statements at a college level.
• Good written and oral communications skills, including the ability to compose various types of business correspondence.
• Ability to manage multiple priorities, have good analytical skills and the ability to exercise independent judgment.
• Customer service oriented; a team player; willing to learn; organized; detail oriented and flexible.
• Working knowledge of PC’s and other software programs (including Microsoft Word and Excel).

Additional Company Details

The position is based in Chicago; in-office four days per week. We do not accept any unsolicited resumes from external recruiting firms.

Benefits

• Base Salary Range: $115,000 - 125,000.
• Competitive compensation plan and robust benefits package for full time regular employees which includes:
• Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.

Sponsorship Details

Sponsorship not Offered for this Role.