Senior Brokerage Assistant

Berkley • Walnut Creek, CA

6d • $38 - $50

About The Position

The Senior Brokerage Assistant is responsible for the development and implementation of the account evaluation and binding strategy at Berkley Specialty Property. The position reports to the AVP – Binding Authority Broker & Director of Specialty Property and works with both Field and Staff functional areas. S/he executes, binds, and monitors accounts for BSP Specialty business and is in regular contact and communication with BSP Underwriting based in London. Key functions include but are not limited to: Daily management of the workload to ensure the effective solicitation, selection, pricing, and retention of profitable business. Helps to develop and implement best practices in line with the London Commercial Property Team Aids in the development and management of appetite, guidelines, forms, forms usage, terms and conditions, training, and communications Engages with IT, Operations, Actuary, Finance, Marketing and Claims functions and works to develop and/or strengthen interdepartmental relationships with these other disciplines. Adheres to account quality and compliance processes and controls, including peer reviews, self-audit reviews, management reviews, coordination of WRBC reviews. Adheres to established authority for all market segments and exercises sound judgment in risk selection, exposure analysis, pricing and coverage in evaluating and approving or rejecting individual-risk submissions from brokers. Collaborates with team members and other departments regarding regulatory issues. Monitors and communicates emerging issues that are relevant to BSP future planned strategies and processes.

Requirements

• Bachelor's degree required, advanced degrees and/or industry certifications preferred.
• 2+ years of commercial P&C experience with deep understanding of Property exposures and coverages.
• Holds a California Property & Casualty broker license as an individual or would be willing to acquire.
• Knowledge in the insurance field, preferrably in Commercial Property lines of business, and a broad understanding of the critical issues in other related areas
• Successful experience evidenced by quantifiable results.
• Knowledge of the insurance regulatory environment
• Strong written and verbal communication, negotiation, and interpersonal skills.
• Competent analytical and problem-solving skills, ability to multi-task and to independently prioritize competing demands/requests within given time constraints.
• Ability to exercise independent judgment and effectively make sound business decisions.
• Ability to creatively resolve unique and challenging business problems.

Responsibilities

• Daily management of the workload to ensure the effective solicitation, selection, pricing, and retention of profitable business.
• Helps to develop and implement best practices in line with the London Commercial Property Team
• Aids in the development and management of appetite, guidelines, forms, forms usage, terms and conditions, training, and communications
• Engages with IT, Operations, Actuary, Finance, Marketing and Claims functions and works to develop and/or strengthen interdepartmental relationships with these other disciplines.
• Adheres to account quality and compliance processes and controls, including peer reviews, self-audit reviews, management reviews, coordination of WRBC reviews.
• Adheres to established authority for all market segments and exercises sound judgment in risk selection, exposure analysis, pricing and coverage in evaluating and approving or rejecting individual-risk submissions from brokers.
• Collaborates with team members and other departments regarding regulatory issues.
• Monitors and communicates emerging issues that are relevant to BSP future planned strategies and processes.

What This Job Offers

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