Stop Loss Underwriter

Berkley•Towamencin Township, PA

10d•$90,000 - $110,000•Remote

About The Position

Berkley Accident and Health is seeking a Stop Loss Underwriter focused on its Captives business. The role supports profitable growth of the company’s stop loss portfolio by analyzing and selecting risks in accordance with qualified underwriting criteria and established guidelines. The Underwriter works with experienced underwriting staff to build underwriting expertise and develops a broader understanding of the company’s clinical, actuarial, claims, and distribution departments. The role reports to the Underwriting Manager and collaborates with underwriting management on complex cases that require higher underwriting authority. The position may be fully remote for candidates outside commuting distance of the office, or based at the Hamilton, New Jersey office on a hybrid schedule of four days in the office and one remote day where appropriate. The role offers competitive compensation and benefits, as well as opportunities for learning, cross-functional collaboration, and internal mobility.

Requirements

At least 3 years of progressive Stop Loss Underwriting experience, or an equivalent combination of education and experience.
Basic understanding of stop loss market dynamics and risk management strategies, and interest in emerging market risks.
Foundational math, communication, and negotiation skills, with willingness to develop them through training and direction from experienced staff.
Strong time-management skills and self-discipline to manage a large caseload during peak production cycles.
Proficiency with Microsoft Word, Excel, and Outlook.
Ability to establish and maintain positive working relationships with operational areas, management, and staff.
Consulting and interpersonal skills to interact with brokers, clients, and service vendors.

Nice To Haves

Bachelor’s degree or equivalent experience.
Experience with Connexure or David Young System.

Responsibilities

Write and retain profitable stop loss cases in accordance with company guidelines and assigned letter of authority.
Develop foundational medical underwriting skills through training with the company’s Clinical Underwriting staff.
Complete and clearly explain risk-selection and pricing analyses for efficient reviews with underwriting management and clinical staff.
Become familiar with target production sources and the Sales and Account Management teams, and begin building relationships through effective communication.
Document underwriting rationale and authority reviews accurately in the company’s journal and filing system.
Collaborate with underwriting management on complex cases requiring a higher degree of underwriting authority.