Sr. Production Underwriter

BerkleyAtlanta, GA
1dRemote

About The Position

Berkley Luxury is seeking a Senior Producton Underwriter to join their team. This role will be located on a remote basis in the Atlanta Metropolitan Area. The Senior Production Underwriter is a key member of the underwriting team reporting to the Director of Underwriting. The primary goal of this position is to profitably grow a book of business by actively partnering with brokers and working effectively with colleagues throughout the organization. This person will plan and budget for the book of business, develop and maintain agency relationships, and execute underwriting decisions using underwriting rules, designated authority and will have strong knowledge of insurance laws and regulations.

Requirements

  • Bachelor’s Degree or equivalent job-related experience
  • Minimum of 5 years underwriting experience
  • Demonstrated technical underwriting expertise and product specific knowledge (Property, Liability, Auto, and Umbrella).
  • Strong analytical and problem-solving skills in addition to strong interpersonal, communication & negotiation skills
  • Demonstrated proficiency in sales and marketing
  • Solid knowledge of underwriting and insurance industry theories and practices.
  • Strong written and verbal communication, negotiation and interpersonal skills and the ability to effectively interact with all levels of internal and external business partners.
  • Ability to multi-task and to independently prioritize competing demands/requests within given time constraints.
  • Ability to work independently.
  • Ability to exercise independent judgment and effectively make sound business decisions.
  • Proficiency in Microsoft Office Suite.

Responsibilities

  • Responsible for new and renewal underwriting execution, including selecting risks in line with BLG’s strategy and underwriting guidelines, operating within authority and documentation guidelines, following up on accounts and closing new business.
  • Planning and budgeting for the book of business, tracking and reporting performance to plan, and developing a clear view of market conditions and competitive landscape.
  • Provides guidance and assistance to other underwriters and to other functional areas.
  • Monitors production, hit ratios, renewal retention ratios, spread of risk and other production and quality measures.
  • Keeps current on state/territory issues, regulations and trends.
  • Develop trusted, respected and lasting relationships with agent partners through visitations and regular connections
  • Accountable for tracking of progress and positioning BLG within an agency
  • Evaluate the performance of assigned agencies on an ongoing basis to ensure company and agency goals are met. Participates in review and evaluation of agencies and makes recommendations on agency management issues. Communicates corporate goals, programs, underwriting policies, procedures, best practices and guidelines to agents.
  • Prepares quotes and answers questions from agencies, policyholders or other external contacts and escalates issues as necessary. Negotiates with agents to reach positive and profitable outcomes.
  • Deliver exceptional, timely, complete and accurate service
  • Work with agents to craft best solutions for their clients
  • Notify brokers of adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations and underwrite empathetically at all times

Benefits

  • The company offers a competitive compensation plan and robust benefits package for full time regular employees.
  • The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
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