Associate Underwriter I

Berkley Environmental (A Berkley Company) • Philadelphia, PA

314d

About The Position

Berkley Environmental is hiring 5-7 candidates to participate in our Associate training program, anticipated to begin in June 2025. The associate program is a 12-month program. The expectation upon successful completion of the program is to be assigned as an entry-level underwriter or entry-level claims adjuster. Open to all office locations for underwriting (Boston, Jersey City, Philadelphia, Dallas, Chicago, Walnut Creek & Los Angeles) and NJ or Texas for claims. Candidates will be pre-selected for either a Claims Associate position or an Underwriting Associate position. Each Associate will complete a rotation in our Underwriting and Claims Department with exposure to our other teams including Finance, Premium Audit, Sales and Marketing, among others. Associates work under direct supervision. As an associate, you will participate in a training program that will combine coursework and on-the-job training. Associates will actively learn about property, casualty and environmental products, underwriting and claims philosophies, strategies, processes and procedures. Associates will establish relationships within the Company and industry and develop entry-level sales and marketing skills.

Requirements

• Work for Berkley Environmental in their current position for a minimum of 6 months
• College degree or equivalent
• Demonstrated an interest in either claims and/or underwriting in their prior position
• Exhibit strong oral and written communication skills
• Demonstrated an ability to learn on multiple technology platforms
• Be detail oriented
• Demonstrate excellence in customer service
• Capable of working in a 'paperless' work environment
• Proficient in Excel, Word, Spreadsheets, PowerPoint and email systems
• Exhibit an ability to work independently & collaboratively, while handling multiple tasks in a dynamic fast-paced environment
• Be self-reliant & motivated

Nice To Haves

• Bachelor's degree or higher (Prefer in Risk Management, Business, Finance or Environmental Sciences)

Responsibilities

• Obtain a thorough understanding of the insurance industry
• Learn the property, casualty and environmental products underwritten by Berkley Environmental
• Learn the workflows, guidelines and processing steps within the business units
• Learn to interact and collaborate with colleagues within the business units
• Learn to underwrite Berkley Environmental products (risk assessment, regulatory compliance, financial analysis and develop decision making skills)
• Assist in underwriting and pricing accounts in accordance with business strategies
• Formulate and communicate recommendations based on learned underwriting skills
• Learn how to perform a financial analysis on the audited/reviewed financials or other financial information of insurers using appropriate tools
• Create and solicit renewal applications from the broker after reviewing the expiring policy and loss information
• Communicate with the broker what is needed for the renewal and any changes to the terms and conditions of the policy
• Underwrite endorsement requests from brokers and forward to the underwriting assistant to issue
• Develop marketing skills with our agents, brokers and clients
• Complete INS21, INS 22, & INS 23 courses

Benefits

• Competitive compensation plan
• Robust benefits package for full-time regular employees

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree