W. R. Berkley

Senior Underwriter

Posted on: 5 Apr 2021

San Diego, CA

Job Description

Company Details

Preferred Employers Insurance Company began operations in San Diego, California in 1998. The company provides workers compensation insurance for a wide variety of industries. Our goal is to provide our customers with a stable and reliable workers compensation insurance product regardless of market cycles. We are dedicated to being the preferred workers compensation insurance solution for California businesses.

Responsibilities

The Senior Underwriter is primarily responsible for risk evaluation and pricing for new and existing business in accordance with the companys underwriting approach and guidelines. The Senior Underwriter develops and fosters positive, professional, and effective relationships with the companys broker partners, as well as achieves company growth and profitability objectives. This position is expected to exhibit a high level of technical expertise, while exercising sound judgment, and delivering consistent results. The Senior Underwriter is also expected to be a leader and role model within the department, helping to train and mentor less experienced staff. The Senior Underwriter is expected to be solution oriented and exhibit a strong customer experience mindset.

Responsibilities include but are not limited to the following:

* Selects new business and evaluates renewal accounts in accordance with company underwriting philosophy and guidelines.
* Works within established authority parameters and adheres to written/verbal processes and procedures.
* Demonstrates a professional, courteous attitude with brokers and other company staff. Responds quickly and ethically to all requests/issues. Assists in issue resolution and will coordinate with other departments when necessary.
* Provides accurate and thorough guidance to brokers regarding the companys appetite philosophy and pricing guidelines.
* Monitors performance criteria, including premium and unit count goals, mix of business, production ratios for assigned brokers/product segments.
* Achieves company growth objectives by recognizing sales opportunities, soliciting desirable business, supporting company rate strategy and diligent follow-up on quoted business.
* Travels to brokers providing field underwriting and quoting as needed.
* Reviews claims activity, loss control surveys, and inspection reports for existing policies, handling as required.
* Collaborates with colleagues in Marketing/Sales to achieve shared objectives and execute company strategy.
* Determines the appropriate course of action for policy changes, delegating as appropriate to processing assistants for handling.
* Provides mentoring and training to less experienced staff members.
* Embraces the importance of the customer experience and is execution oriented.
* Uses an innovative mindset to improve the department function and achieve strategic objectives.
* Handles other projects or initiatives as assigned

Qualifications

* BA/BS degree from an accredited institution, or equivalent preferred.
* 5+ years experience in California workers compensation underwriting or equivalent.
* Demonstrated ability to work in a fast paced, decision oriented environment.
* Excellent communication, negotiation and analytical skills.
* Strong organizational skills and ability to manage multiple tasks.
* Strong PC literacy (i.e. Excel, Word, Policy System etc).
* Ability to work independently and in a collaborative team environment.

Preferred location is San Diego but open to Walnut Creek as well.

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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