AVP, Underwriting

Berkley • Irvine, CA

84d • $170,000 - $205,000

About The Position

The Assistant Vice President - Underwriting will be responsible for engaging brokers to develop business submission opportunities. Meet with brokers and policyholders to present terms and address service opportunities, work with the Underwriting team to develop pricing on individual accounts, manage final audits, manage billing with brokers and policyholders, complete retrospective rating adjustments and present those results to brokers and policyholders, and work with the underwriting team to manage submission data. A key expectation of this role involves using data-driven customer sourcing and evaluation techniques to generate sustainable revenue and profit. The AVP of Underwriting must be a team player and exhibit expertise in workers compensation, must consistently exercise good judgment and be familiar with loss sensitive plans. The ideal candidate will have experience in strategic planning, product ownership, business operations, data analytics, underwriting decision-making and business development. Experience in California workers compensation insurance a definite plus.

Requirements

• Bachelor's degree.
• Minimum 7-10 years as a production underwriter.
• 5+ years of experience in California workers compensation insurance.
• Ability to work cross-functionally with technical, underwriting, marketing, sales and senior leaders.
• High-competency analytical skills using Excel, Power BI and other data evaluation tools.
• Strong time management skills for organizing, prioritizing and managing multiple projects.
• Effective written and oral communication skills.
• Data-driven and detail-oriented.
• Strategic thinker with a passion for getting things done.
• Self-starter, innovator and curious by nature.

Nice To Haves

• Industry designations such as CPCU, CIC, ARM, AU, WCIRB Essentials or similar designations.
• Experience in communicating product design, management and go-to-market strategies and plans.
• Familiarity with researching, learning and vetting new technology solutions.

Responsibilities

• Engage brokers to develop business submission opportunities.
• Meet with brokers and policyholders to present terms and address service opportunities.
• Work with the Underwriting team to develop pricing on individual accounts.
• Manage final audits and billing with brokers and policyholders.
• Complete retrospective rating adjustments and present results to brokers and policyholders.
• Manage submission data with the underwriting team.
• Use data-driven customer sourcing and evaluation techniques to generate sustainable revenue and profit.
• Operate as an independent thought leader with accountability to BERS' Vice President of Underwriting and BERS' President.
• Manage product segment KPIs to ensure achievement of productivity, profit and growth.
• Conduct analytical research to identify new business and renewal opportunities.
• Work closely with brokers to sell BERS' value proposition.
• Collaborate with departmental resources including Underwriting, Technical Underwriting, Data Science, and Actuarial on strategy and compliance.
• Participate in round table Underwriting meetings to assess opportunities, plans and pricing.
• Resolve policy audit issues and determine appropriate course of action for policy changes.
• Delegate tasks to underwriting and/or processing assistants as needed.
• Perform other duties and special projects as assigned.

Benefits

• Base Salary Range: $170,000 - $205,000.
• Annual Bonus Eligible.
• 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: Senior
• Industry: Administrative and Support Services
• Education Level: Bachelor's degree