Technology Underwriter

Berkley•Minneapolis, MN
•$75,000 - $100,000

About The Position

BTU, a member company of W. R. Berkley Corporation, provides property, casualty, professional and cyber insurance coverage for technology firms and businesses with technology exposure. The Technology Underwriter manages and retains an assigned book of Technology Middle Market renewal business. The role evaluates renewal risks, coverage, terms and pricing; provides timely quote-to-bind service; and works with producers and internal teams to support profitable retention and consistent customer service. The underwriter also develops productive relationships with agents and brokers and ensures compliance with company underwriting guidelines and insurance regulations.

Requirements

  • At least 3 years of commercial underwriting or commercial underwriting support experience.
  • Knowledge of commercial lines underwriting standards and practices, rating and pricing methods, coverage forms and documentation requirements.
  • Strong analytical, decision-making and negotiation skills.
  • Strong customer service, interpersonal, written and verbal communication skills.
  • Ability to work independently and collaboratively across underwriting, operations, claims and risk control.
  • Proficiency with Microsoft Office and relevant underwriting systems.
  • Valid driver’s license and ability to maintain required vehicle insurance coverage.
  • Four-year college degree or equivalent experience.

Responsibilities

  • Manage an assigned book of renewal business and support profitable results through risk selection, pricing, coverage terms and premium retention.
  • Review renewal applications, exposure information and loss history to determine risk acceptability and eligibility.
  • Underwrite within individual authority level and refer accounts that exceed authority or require additional review.
  • Generate renewal quote proposals, negotiate final terms and support binding and policy issuance.
  • Ensure renewals, endorsements and account documentation are processed accurately and on time.
  • Maintain clear underwriting files documenting analysis, pricing rationale, terms, conditions and decisions.
  • Partner with producers and internal teams to resolve renewal issues and deliver service commitments.
  • Follow established underwriting guidelines, regulatory requirements and documentation standards.
  • Perform other functions as assigned.

Benefits

  • Competitive compensation plan.
  • Eligible to participate in an annual discretionary bonus.
  • Health, dental, vision, life and disability benefits.
  • Wellness benefits.
  • Paid time off.
  • 401(k) plan.
  • Profit-sharing plan.
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