Sr. Casualty Underwriter

Berkley • Scottsdale, AZ

93d

About The Position

The Senior Casualty Underwriter independently manages a diverse portfolio of complex and high-risk casualty accounts. With minimal direction, this role utilizes your expertise to make informed decisions within your assigned authority. This role demands a deep understanding of the excess and surplus lines market, the ability to build strong broker relationships, and a strategic approach to risk selection and pricing. Your contributions will be key to driving the company's growth and ensuring profitability.

Requirements

• Minimum of 5 years of relevant industry experience, with a strong focus on excess and surplus lines and complex risk underwriting.
• Deep understanding of the surplus lines marketplace, including peers, competitors, and market cycles.
• Bachelor's degree in insurance, business, finance, or a related field.
• Professional designations such as CPCU, RPLU, or ARM are highly desirable.
• Strong analytical and decision-making skills, with the ability to assess risk and profitability in complex scenarios.
• Excellent verbal and written communication skills, with the ability to articulate underwriting decisions and rationale to brokers and internal stakeholders.
• Proven ability to build and maintain strong relationships with brokers, insureds, and colleagues.
• Ability to thrive in a fast-paced, dynamic environment with a high degree of autonomy.
• Proficiency in Microsoft Office Suite and underwriting software.
• Willingness to travel as needed, including a minimum of 7 broker visits per year.

Nice To Haves

• Professional designations such as CPCU, RPLU, or ARM.

Responsibilities

• Independently underwrite larger and more complex casualty risks, including general liability, product liability, and other specialty lines.
• Develop, manage, and strengthen relationships with wholesale brokers, ensuring a steady flow of business and staying ahead of market trends.
• Plan, orchestrate, and lead highly effective broker meetings to strengthen relationships, address performance issues, and explore new business opportunities.
• Proactively identify and address broker performance issues, ensuring alignment with company standards and fostering strong broker relationships.
• Stay informed on industry developments, regulatory changes, and emerging trends, leveraging this knowledge to enhance underwriting decisions and drive business growth.
• Make autonomous decisions on risk acceptance, coverage terms, and pricing within your assigned level of authority.
• Consistently meet or exceed designated line of business (LOB) production metrics, contributing to the overall success of the underwriting team.
• Apply strong technical knowledge in underwriting, coverage, and pricing to manage complex risks and optimize profitability.
• Demonstrate a comprehensive understanding of pricing and risk selection criteria, ensuring underwriting decisions are both profitable and competitive.
• Conduct a minimum of 7 trips per year to visit brokers, build relationships, and represent Verus at industry events.
• Provide guidance and support to junior underwriters, handling referrals and ensuring consistent underwriting quality across the team.
• Collaborate with senior leadership to identify and develop new product lines and market opportunities.
• Deliver exceptional service to brokers and insureds, ensuring timely and clear communication throughout the underwriting process.
• Ensure all underwriting activities comply with company guidelines, regulatory requirements, and industry best practices.
• Perform other duties as assigned, contributing to the overall success of the team and the company.

Benefits

• Competitive compensation plan
• Robust benefits package for full time regular employees

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Administrative and Support Services
• Education Level: Bachelor's degree