Manager, Regional Underwriting

Berkley • New York, NY

123d • $95,000 - $160,000

About The Position

Berkley Professional Liability is seeking a Senior Underwriter to be located in our New York City headquarters. The Sr Underwriter is responsible for analyzing and underwriting new and renewal accounts for public companies seeking Directors and Officers (D&O), Employment Practices, and Fiduciary Liability insurance coverage. This role involves evaluating complex risk profiles, developing broker relationships, and contributing to the profitability and growth of the portfolio. Conduct comprehensive underwriting analysis and prepare thorough work-ups that contain a detailed financial analysis, claims/legal history, and a review of significant recent corporate developments for each new business and renewal account. Communicate with brokers during the renewal process to ascertain the client's renewal expectations and on new business accounts to find the best opportunity for successfully winning the business. Participate in client meetings designed to address each account's risk factors and mitigation approach. Work closely with senior managers to rate and price new/renewal accounts and draft all quote/binder letters. Issue policies in accordance with underwriting guidelines and regulatory requirements. Maintain accurate and organized underwriting files for all in-force and lost/declined accounts. Monitor market trends and competitor activity to inform underwriting decisions.

Requirements

• BA/BS degree in Business, Finance, Risk Management, or a related field of study.
• Minimum of 3+ years of underwriting experience - public company management liability experience preferred.
• Strong technical and marketing expertise; proven ability to build and maintain productive relationships with brokers and clients.
• Insurance industry knowledge.
• Computer proficiency - skilled in Microsoft Office Suite and underwriting systems; comfortable using digital tools for analysis and documentation.
• Organization skills - maintain detailed and orderly underwriting files that present an accurate representation of a deal that has been bound or a lost/declined opportunity.
• Financial literacy - ability to analyze income statement, balance sheet, cash flow statement to identify risk factors.
• Strong verbal and written communication skills necessary to present account synopsis to senior managers for pricing consideration.
• Ability to interact with senior managers (CEO, CFO, GC, Treasurer) of existing or potential insureds during underwriting client meetings.
• Ability to explain underwriting positions to key brokers.

Responsibilities

• Analyze and underwrite new and renewal accounts for public companies seeking D&O, Employment Practices, and Fiduciary Liability insurance coverage.
• Evaluate complex risk profiles and develop broker relationships.
• Conduct comprehensive underwriting analysis and prepare thorough work-ups including financial analysis and claims/legal history.
• Communicate with brokers during the renewal process to ascertain client's renewal expectations.
• Participate in client meetings to address risk factors and mitigation approaches.
• Work closely with senior managers to rate and price new/renewal accounts and draft quote/binder letters.
• Issue policies in accordance with underwriting guidelines and regulatory requirements.
• Maintain accurate and organized underwriting files for all in-force and lost/declined accounts.
• Monitor market trends and competitor activity to inform underwriting decisions.

Benefits

• Health insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• Wellness programs
• Paid time off
• 401(k)
• 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