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Assistant Underwriter

Company:
Berkley
Location:
Irving, TX
Posted:
April 19, 2024
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Description:

Company Details:

offers commercial property and casualty products and services through independent agents in Arizona, Arkansas, New Mexico, Oklahoma, and Texas. We maintain a strong local presence in each of our markets, keeping underwriting and support close to the customer.

Now more than ever, financial strength is critical to a successful, long term insurance relationship. Berkley Southwest is a member company of, a Fortune 500 company, whose insurance company subsidiaries are rated A+ (Superior) by A.M. Best.

This role will be based in one of our three offices:

Irving, TX

Little Rock, AR

San Antonio, TX

We offer a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.

The company is an equal opportunity employer.

Responsibilities:

As an Assistant Underwriter, you’ll play a critical role in our Company’s production objectives as you partner with the Underwriting and Sales account teams. Your responsibilities would include monitoring the renewal pipeline, underwriting renewal business, and processing endorsements within your established authority and in consideration of risk, appetite, and pricing guidelines.

What you can expect:

Culture of innovation, teamwork, supportive colleagues and leaders willing to invest in talent

Internal mobility opportunities

Visibility to senior leaders and partnership with cross functional teams

Opportunity to impact change

Benefits – competitive compensation, paid time off, comprehensive wellness benefits and programs, employer funded health savings account, profit sharing, 401k, paid parental leave, employee stock purchase plan, tuition assistance and professional continuing education

We'll count on you to:

Perform underwriting analysis on low complexity renewal accounts within authority by analyzing exposures, financial stability, historical loss data, and potential hazards. Refers renewals outside of assigned authority to Manager or Underwriter. Applies recommended pricing to underwritten accounts and discusses significant rate changes with the Underwriter and Regional Sales Director to determine the best approach for communication with the agent.

Serve as account team first point of contact with agent concerning missing information, service issues, billing questions, etc.

Review incoming account endorsement requests for acceptability. Approves endorsements for processing within assigned authority levels. Refers endorsements outside of authority or those with unique exposures to appropriate authority level.

Order loss control reports as required based upon underwriting guidelines or upon the request of the Underwriter. Will review and advise the Underwriter of any discrepancies so that appropriate endorsements can be applied. Reviews loss control reports for risks and follows up on open recommendations. Based upon authority level, may refer poor loss control reports to Underwriter.

Complete required filings.

Review premium audit changes and request updates to exposures, as directed.

Qualifications:

Bachelor’s degree in related field or equivalent combination of education and experience.

Commercial rating experience or experience in underwriting role preferred.

Advanced insurance education is desired, such as Associate in General Insurance, Kaplan Insurance courses, CPCU etc.

Verbal and written communication skills necessary to interact professionally with all internal and external contacts. Ability to articulate clearly, concisely, and deliver difficult messages thoughtfully.

Solid organizational skills with the ability to handle multiple tasks and priorities.

Strong computer skills with knowledge of MS Excel and Word.

Able to thrive in a fast-paced environment.

Learning agility – willing and able to learn from experiences and new situations.

Ability to project a warm and friendly manner in all business contacts and maintain a professional relationship with co-workers, agency contacts, and the general public.

Aligns and practices our C.A.R.I.N.G. Values (Collaboration, Accountability, Respect, Integrity, Nurturing Growth, Generosity)

Additional Company Details:

We do not accept any unsolicited resumes from external recruiting agencies or firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees.

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship Details:

Sponsorship not Offered for this Role

Permanent

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