Sr. Underwriter
About The Position
The Senior Underwriter handles submission generation, underwriting, and policy issuance for Directors and Officers Liability, Employment Practices Liability, Fiduciary Liability, and Fidelity/Crime coverage for large and complex private commercial and not-for-profit healthcare organizations. The role is part of Berkley Healthcare’s Financial Lines division and manages new and renewal, primary and excess business throughout the placement process, from receipt of an underwriting submission through policy issuance. The position may be based nationwide, with primary offices in West Hartford, Connecticut; Chicago, Illinois; and Chesterfield, Missouri. National travel of up to 35% is expected. The Senior Underwriter develops and maintains a profitable, diversified book aligned with company goals, evaluates risk and determines pricing and coverage within assigned authority, and builds agency relationships through responsive service. The role also coordinates marketing activities, supports the development of less experienced staff, keeps current on insurance and healthcare trends, and works with the Medical Professional underwriting team and other Berkley operating units to identify cross-selling opportunities. The underwriter also serves as a market-facing resource for brokers and internal partners, providing product expertise, market intelligence, and feedback to support distribution strategy and business development.
Requirements
- BA, BS, or BBA degree from an accredited university or college.
- At least 5 years of recent financial lines underwriting experience, with a proven track record of success.
- Comprehensive knowledge of financial lines products, including coverages, policy forms, and industry standards.
- Exceptional organizational skills and ability to manage complex underwriting files and efficient workflow processes.
- Strong customer service orientation and commitment to high-quality client experiences.
- Excellent written and verbal communication skills, including the ability to convey complex information clearly and professionally.
- Effective desk management skills, including prioritization, time management, and attention to detail.
- Self-motivated and able to work independently while remaining accountable to team objectives and company goals.
- Ability to take calculated risks and apply sound business judgment in underwriting decisions.
- Strategic mindset, understanding of business drivers, and ability to contribute to bottom-line results.
Nice To Haves
- Specialized experience in healthcare financial lines underwriting is highly preferred.
Responsibilities
- Determine risk acceptability in accordance with underwriting risk appetite and guidelines.
- Prepare thorough underwriting analyses, including detailed exposure analysis and independent underwriter assessment.
- Make pricing, coverage, terms, and conditions determinations and recommendations within defined limits, authority, and underwriting guidelines.
- Develop, grow, and maintain a profitable, diversified book of business aligned with company goals.
- Meet production and loss ratio goals for the assigned book by reviewing, analyzing, and evaluating information and taking appropriate action.
- Develop positive agency relationships within the assigned territory and maintain rapport through responsive service.
- Coordinate marketing activities, including travel, with colleagues.
- Travel nationally up to 35% of the time.
- Foster the growth of less experienced staff in a positive, growth-oriented environment.
- Stay informed about lines of business, industry and insurance trends, exposures, claims, legal and legislative developments, healthcare, current events, self-improvement, and innovation.
- Partner with the Medical Professional underwriting team and other Berkley operating units to identify and execute cross-selling opportunities supporting strategic growth objectives.
- Serve as a market-facing resource for brokers and internal partners by providing product expertise, market intelligence, and feedback to support distribution strategy and business development.
Benefits
- Health insurance
- Dental insurance
- Vision insurance
- Life insurance
- Disability coverage
- Wellness benefits
- Paid time off
- 401(k) plan
- Profit-sharing plan
- Eligible to participate in an annual discretionary bonus
- Competitive compensation plan and robust benefits package for full-time regular employees
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
