W. R. Berkley

Regional Underwriting Manager

Posted on: 14 Mar 2021

Boston, MA

Job Description

Company Details

Formed in 2011 and headquartered in Minneapolis, MN, USA,Berkley Technology Underwriters provides a broad range of insurance programs to serve the unique and dynamic needs ofthe technology industry. As dedicated experts in technology underwriting, risk control and claims, we offer clients quality solutions and impeccable service. From information technology to digital media, we have specialized knowledge, skills and service not available frommost insurance providers. We understand the evolving needs of the technology industry and the speed at which it moves. We use this knowledge to keep pace within a rapidly changingenvironment.

Responsibilities

Serve as the strategic, operational, and motivational leader of Underwriting in support of delivering profitable growth and providing excellent community, employee, and customer relations.

Serve as the strategic, operational, and motivational leader of Underwriting in support of delivering profitable growth and providing excellent community, employee, and customer relations.

ESSENTIAL RESPONSIBILITIES/FUNCTIONS:

The essential functions include, but are not limited to the following:

Underwriting Management Leadership

* Lead underwriting contact within assigned region.
* Responsible for strategically building a territory.
* Manage profit, loss, growth, rate and retention results for assigned territory
* Create new agency relationships and maintain existing relationships.
* Lead agency distribution within assigned territory.
* Develop marketing strategies.
* Underwrite and manage assigned book of business.
* Manage and monitor overall pricing practices and targets.
* Sales and marketing efforts as needed to build assigned region to include product presentations, agency product training, etc.
* Delegate underwriting authority and monitor compliance within assigned region.
* Manage treaty reinsurance coverage placement and adequacy
* Provide leadership and direction on business opportunities, pricing, retention analysis, loss control needs, and account stewardship
* Conduct audits for quality control and conduct training where needed.
* Prepare, assign and conduct performance appraisals for direct reports.
* Establish development plans for individual team members and direct reports.
* Participate in Claim Review Meetings when applicable.

Additional Marketing-Related Functions

* Visit and develop rapport with key existing and prospective agents, as appropriate;
* 50% travel. Occasional overnight travel.

May perform other functions as assigned.

Qualifications

* Four-year college degree or equivalent experience. (CPCU, CIC, ARM etc. a plus)
* Minimum of 7 years of multi-line underwriting and marketing experience.
* Significant knowledge of ISO rating practices and coverage forms
* Strong decision-making skills.
* Strong verbal and written communication skills.
* Strong negotiation skills.
* Ability to supervise and motivate staff and significant experience and successful track record of doing the same.
* Strong interpersonal and leadership skills.
* Understanding of trending, development, and pricing and experience partnering with actuarial.
* Excellent PC skills and a working knowledge of Windows environment.
* Experience with paperless underwriting file workflow systems preferred but not required.
* Prior experience underwriting schools and non-profit business is not a requirement but is a plus.
* Must maintain a valid drivers license and carry vehicle insurance coverage.
* Strong decision-making skills.
* Strong verbal and written communication skills.
* Strong negotiation skills.
* Ability to supervise and motivate staff and significant experience and successful track record of doing the same.
* Strong interpersonal and leadership skills.
* Understanding of trending, development, and pricing and experience partnering with actuarial.
* Excellent PC skills and a working knowledge of Windows environment.
* Experience with paperless underwriting file workflow systems preferred but not required.
* Prior experience underwriting schools and non-profit business is not a requirement but is a plus.
* Must maintain a valid drivers license and carry vehicle insurance coverage.

W. R. Berkley

Greenwich, CT

Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance. Each of the Berkley companies, or operating units, within Berkley participates in a niche market requiring specialized knowledge about a territory or product.

Our competitive advantage lies in our long-term strategy of decentralized operations, allowing each of our Berkley companies to identify and respond quickly and effectively to changing market conditions and local customer needs. This decentralized structure provides financial accountability and incentives to local management and enables us to attract and retain the highest caliber professionals.

We have the expertise and resources to utilize our strengths in the present environment, and the flexibility to anticipate, innovate and respond to whatever opportunities and challenges the future may hold.

 

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