Associate Underwriter

Berkley • Hartford, CT

10d • $44,000 - $68,000

About The Position

The Associate Underwriter is responsible for submission generation, underwriting and policy issuance of Directors and Officers Liability, Employment Practices Liability, Fiduciary Liability, Fidelity/Crime for large and complex private commercial and not-for-profit healthcare organizations. The underwriting position will be part of the Berkley Healthcare Financial Lines division of Berkley Healthcare. While our main offices are in West Hartford, CT, Chicago and Los Angeles we will consider candidates nationwide. The Associate Underwriter will be responsible for handling new and renewal, primary and excess business throughout the placement process from underwriting submission receipt to policy issuance.

Requirements

• Bachelor's degree from an accredited university or college
• 1-2 years of current financial lines underwriting experience, healthcare-specific experience preferred

Nice To Haves

• Healthcare financial lines underwriting experience highly preferred

Responsibilities

• Determine risk acceptability in accordance with underwriting risk appetite and guidelines
• Prepare thorough underwriting analyses with detailed exposure analysis and independent underwriter assessment
• Make pricing, coverage, terms and conditions determinations and recommendations within defined limits/authority and underwriting guidelines and authority parameters
• Develop, grow and maintain a profitable, diversified book of business aligned with company goals
• Ensure production and loss ratio goals are achieved for assigned book by reviewing, analyzing and evaluating information and taking appropriate action as necessary
• Develop positive agency relationships within assigned territory while maintaining a good rapport through responsive levels of service
• Coordinate marketing activities including travel in coordination with Distribution and Marketing Manager
• Foster growth of less experienced staff in a positive and growth-oriented environment
• Actively self-educate as to line of business, industry and insurance trends including exposures, claims, legal, legislative, healthcare, current events, self-improvement and innovation

Benefits

• Base Salary Range: $44,000-$68,000
• Eligible to participate in annual discretionary bonus.
• Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level