Jobs · Finance · Illinois

VP, Underwriting - Excess Casualty

W. R. Berkley Corporation · Chicago, IL · 3 wk ago
HybridFinance$200k–$250k/yrFull-time

About the Company

Berkley Custom serves middle market to Fortune 500 companies, providing excellent service and a consistent approach to meet the needs of brokers and their customers. They bring specific expertise in excess casualty as well as a variety of targeted primary and excess programs. Their differentiators include exclusive partnerships with the wholesale brokerage community, industry professionals with significant experience, and a long-term approach to accounts and risk management.

Responsibilities

  • Manage and grow a high-quality excess casualty insurance portfolio working through a network of wholesale broker partners
  • Leverage industry relationships and grow portfolio utilizing Berkley Custom's proprietary playbook and broad underwriting appetite
  • Ensure achievement of continued improved profitability, growth and operational efficiencies through assessment of risk tolerance, market appetite and emerging risk issues
  • Determine acceptability, quality and profitability of new and existing business based on company underwriting guidelines and objectives
  • Develop insurance proposals, prepare policies and endorsements, obtain required underwriting approvals where needed
  • Travel to conduct broker marketing meetings and attend industry events as determined by management
  • Contribute to firmwide development of underwriting operations, marketing plans, product analysis, services, geographic focus and broker intelligence
  • Effectively communicate and collaborate with other leaders to broaden knowledge of trends, opportunities, and technical knowledge of pricing

Qualifications

  • Bachelor's degree (B.A.) from a four-year college or university; or 5-7 years related experience and/or training; or equivalent combination of education and experience
  • Successful, production-oriented excess casualty underwriting executive with strong go-to relationships within the wholesale brokerage channel
  • Demonstrated success within a matrix reporting environment: ability to lead and influence across the organization by producing high quality business
  • Strong technical knowledge of excess casualty underwriting theories and practices, broad understanding of the specialty insurance market and operations (Risk Control, Actuarial, Claim, Finance and Compliance)
  • Established network of wholesale brokers ready to work with you and find creative solutions
  • Strong independent initiative and drive for high quality results
  • Ability and desire to effectively interact and communicate with all levels of external and internal business partners
  • Demonstrated success building consensus and influencing business partners
  • Strong presentation, leadership, and project management skills
  • Unwavering demonstration of integrity, respect and professionalism
  • Ability to drive results by identifying and resolving issues, as well as developing and executing strategies for taking advantage of opportunities
  • Well-defined analytical skills and data analysis ability

Pay

Base Salary Range: $200,000 - $250,000. Eligible to participate in the annual discretionary bonus program. The actual salary will be determined by factors including scope, complexity and location of the role; skills, education, training, credentials and experience; and other conditions of employment.

Benefits

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

Sponsorship not offered for this role.

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