Underwriter

Berkley•Hamilton Township, NJ

20h•$90,000 - $110,000•Hybrid

About The Position

The Underwriter will seek profitable growth of the company’s portfolio of stop loss business by analyzing and selecting risks based on qualified underwriting criteria that adhere to the company’s established underwriting guidelines. The Underwriter will work closely with more seasoned underwriting staff to develop more advanced underwriting acumen over time. Additionally, the Underwriter will be responsible for gaining a more thorough understanding of the Company’s clinical, actuarial, claims and distribution departments, all of which will advance the Underwriter’s experience and judgement levels. This role is an individual contributor role, working under the supervision of the Underwriting Manager and/or AVP, Underwriting. In this capacity, the Underwriter will manage his/her workload with a sense of urgency around quote deadlines and production targets. This role will require proactive collaboration with underwriting management to review more complex cases requiring a higher degree of underwriting authority.

Requirements

3+ years of progressive Stop Loss Underwriting experience or equivalent combination of education and experience.
A basic understanding of stop loss market dynamics, risk management strategies, and a strong desire to stay ahead of emerging risks in the market.
A basic skillset in the areas of math, communication and negotiation, with a strong desire to grow these skillsets under the direction and training of more seasoned staff.
Strong time management skills and self-discipline to effectively manage a large case load volume during peak production cycles.
Proficiency in Microsoft applications including Word, Excel and Outlook.
Must exhibit professional behavior at all times while representing or being identified as an employee of the company
Establish and maintain positive working relationships with all operational areas, management and staff to further the company’s mission
Strong consulting and interpersonal skills with an ability to interact with brokers, clients and service vendors.

Nice To Haves

Experience with David Young System (preferred)

Responsibilities

Write and retain profitable stop loss cases adhering to the company’s guidelines and within assigned letter of authority.
Establish the basics of medical underwriting by training with and learning from the Company’s internal Clinical Underwriting staff.
Properly complete and clearly articulate thought process around risk selection and pricing for efficient reviews with underwriting management and clinical staff.
Become acquainted with target production sources as well as BAH Sales and Account Management teams and begin establishing his/her own relationships using effective forms of communication.
Accurately document underwriting thought process and authority reviews through company journal and filing system.