Renewal Underwriter

BerkleyGlen Allen, VA
$75,000 - $85,000Hybrid

About The Position

At Verus Specialty Insurance, a proud member of the esteemed W.R. Berkley Corporation (NYSE: WRB), we stand as a leading Excess and Surplus Lines provider delivering comprehensive solutions across the United States. Backed by the formidable strength of a Fortune 500 titan and operating with the agility of a nimble startup, we blend the best of both worlds to foster innovation and excellence in everything we do. Our nationwide operations are supported by a robust network of select wholesale producers, ensuring that our reach and capabilities are always close at hand. We are driven by a forward-thinking leadership that champions a dynamic culture where questioning the norm is not just welcomed but expected. This ethos empowers our team to consistently surpass customer expectations and drive the industry forward. At Verus, we are more than just a company; we are a community that thrives on collaboration, growth, and taking ownership of our actions. We are constantly on the lookout for exceptional talent who are eager to contribute, innovate, and grow with us. If you are passionate about making a mark in the insurance industry and align with our vision, we eagerly await your application. Join us and be a part of a team where your contributions are valued, and your potential fully realized! The Company is an equal employment opportunity employer.

Requirements

  • College degree or equivalent work experience with demonstrated involvement in insurance industry education.
  • Skill and knowledge of broker/agency management and relationship building.
  • Strong technical knowledge regarding underwriting, coverage and pricing within a particular product line.
  • Proven ability to build and maintain strong productive relationships with individual brokers.
  • Understanding of pricing and risk selection criteria.
  • Resourceful, analytical, with the ability to execute tasks through to resolution.
  • Strong oral/written communication skills with a positive attitude.
  • Detail-oriented with initiative and ability to work in fast-paced team environment.
  • A focus on delivering exceptional customer service.
  • Excellent communication and interpersonal skills.
  • Ability to work independently as well as part of a team.
  • High sense of urgency and need to identify and resolve issues.
  • Computer literate including use of Word, Excel and various project management tools.
  • Ability to travel, as needed.

Nice To Haves

  • Insurance designations are a plus.
  • Unsupported excess experience is preferred.
  • Working knowledge of and contacts within the wholesale agency distribution system strongly preferred.

Responsibilities

  • Underwriting risks in a book of business within limited authority, utilizing underwriting policies and guidelines, rating manual rules, and insurance laws and regulations.
  • Maintaining and developing broker relationships.
  • Uncovering, researching, and putting together new product line opportunities by applying appropriate underwriting strategies and standards to qualify risk acceptability.
  • Working effectively within an assigned level of underwriting authority.
  • Planning, orchestrating, and leading highly effective broker meetings.
  • Negotiating standard coverage issues, closing sales, and gauging customer satisfaction.
  • Meeting or exceeding designated LOB production metrics.
  • Providing timely, courteous, and efficient service to all internal and external clients.
  • Identifying and calling appropriate attention to broker performance issues.
  • Performing other duties as assigned.

Benefits

  • Health
  • Dental
  • Vision
  • Life
  • Disability
  • Wellness
  • Paid Time Off
  • 401(k)
  • Profit-Sharing plans
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