E&S Small Business Underwriter

Berkley • Glen Allen, VA

271d • $80,000 - $110,000

About The Position

The Small Business Underwriter will produce new business as part of an assigned territory underwriting team(s). The SBU will help manage the assigned underwriting territory(s) to achieve profitable growth, including underwriting new business and marketing to our Agent partners. This role services agents in the DMV area covering Washington, DC, Virginia (VA) and Maryland (MD).

Requirements

• Bachelor's degree and two plus years related insurance experience; or equivalent combination of education and experience.
• Minimum of two years of experience in E&S underwriting.
• Must have strong customer service background in a professional environment.
• Have obtained or be actively working on obtaining insurance designations relevant to our field (AINS, ASLI, CPCU, CIC) is preferred.
• Strong customer focus and the ability to respond with a sense of urgency.
• Entrepreneurial qualities, such as trying innovative solutions, resiliency to change and recognizing what is most important to get done.
• Teamwork, providing and welcoming open, honest, respectful, and constructive feedback.
• Ability to work independently and in a team environment.
• Ability to communicate effectively.
• Demonstrated strong written and verbal communication skills.

Responsibilities

• Review and underwrite new business submissions for acceptability according to authority granted.
• Evaluate, accept, reject, or modify risks within established underwriting guidelines and authority.
• Comply with company policies, procedures and rating plans when evaluating and managing risk.
• Make sound risk and pricing decisions that achieve profitable loss ratios.
• Achieve designated customer service standards with a focus on fast turn-around time.
• Participate in territory team marketing calls, video conferences, and agency visits.
• Provide detailed issuance instructions to ensure policy is delivered consistent with quoted terms and conditions and in accordance with established guidelines relative to policy construction.
• Utilize various underwriting tools to determine acceptable risk characteristics, accurate classifications, insurance to value, calculate rates, etc.
• Recognize and create cross-selling opportunities for other company products.
• Actively market small commercial product to agents and travel within assigned territory, as necessary.
• Reinforce our 'ease of doing business' model by meeting or exceeding expectations and service standards on a consistent basis.
• Continue to increase underwriting knowledge and skills through formal education (AINS, ASLI, CPCU, CIC).
• Operate according to underwriting authority as granted by Berkley Aspire.
• May perform other functions as assigned.

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: Mid Level
• Industry: Administrative and Support Services
• Education Level: Bachelor's degree