Stop Loss Underwriter

Berkley•Harleysville, PA

About The Position

Berkley Accident and Health is hiring a Stop Loss Underwriter focused on its Captives business. The role supports profitable growth of the stop loss portfolio by analyzing and selecting risks under the company’s underwriting criteria and guidelines. The Underwriter will work with more experienced underwriting staff to build advanced underwriting expertise and develop a broader understanding of the company’s clinical, actuarial, claims, and distribution departments. Reporting to the Underwriting Manager, the Underwriter will collaborate with underwriting management on complex cases that require greater underwriting authority. The position may be fully remote for candidates outside commuting distance to the office, or based in Hamilton, New Jersey, with a hybrid schedule of four days in the office and one remote day where appropriate.

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.
Basic skills in math, communication, and negotiation, with a desire to develop these skills through training.
Strong time-management skills and self-discipline to manage a large caseload during peak production cycles.
Proficiency in Microsoft Word, Excel, and Outlook.

Nice To Haves

Bachelor’s degree or equivalent experience.
Experience with Connexure or David Young System.
Ability to establish and maintain positive working relationships with operational areas, management, and staff.
Strong consulting and interpersonal skills, including the ability to interact with brokers, clients, and service vendors.

Responsibilities

Write and retain profitable stop loss cases in accordance with company guidelines and assigned letter of authority.
Learn the fundamentals of medical underwriting through training with the company’s Clinical Underwriting staff.
Clearly document and communicate the reasoning behind risk selection and pricing for efficient reviews with underwriting management and clinical staff.
Become familiar with target production sources and the BAH Sales and Account Management teams, and begin building relationships through effective communication.
Accurately record underwriting analysis and authority reviews in the company journal and filing system.