W. R. Berkley

Commercial Lines Underwriter

Posted on: 10 Apr 2021

Little Rock, AR

Job Description

Company Details

Union Standard Insurance Group offers commercial property and casualty products and services through independent agents in Arizona, Arkansas, New Mexico, Oklahoma and Texas. We maintain a strong local presence in each of our markets, keeping underwriting and support close to the customer.Now more than ever, financial strength is critical to a successful, long term insurance relationship. Union Standard is a member company of W. R. Berkley Corporation, a Fortune 500 company, whose insurance company subsidiaries are rated A+ (Superior) by A.M. Best Company.

Responsibilities

Join our team as a Middle Market Underwriter evaluating acceptability of individual risks and determining terms, conditions and pricing to achieve company profit and growth objectives. Work with agents/brokers to develop productive and profitable relationships and to ensure compliance with company underwriting guidelines.

Be a part of a high energy team with an entrepreneurial spirited company and have a meaningful impact in our organization!

Essential Duties and Responsibilities:

* Underwrites new business by reviewing the application for acceptability, requesting additional information, if necessary, and accepting or rejecting risks in conformance with company guidelines.
* Underwrites within authority set forth by Commercial Lines Vice President and within confines of company's reinsurance treaties and corresponds with agency to collect additional information.
* Underwrites renewal business by reviewing insured's file, producing agency's experience, nature and frequency of losses, loss control surveys, motor vehicle reports, and prior carrier loss experience.
* Assists Commercial Lines Vice President in development of new products, pricing, or coverage's needed.
* Develops productive and profitable relationships with agents.
* Maintains an established loss ratio.
* Meets established production goals and delivers timely service.
* Serves as the staff liaison for the assigned line in disseminating line updates and developing staff.
* Travels within the assigned territory to facilitate customer development and relationship through agency visitation and prospect calls.
* Pursues a program of continuing education by participating in industry sponsored and company sponsored educational courses.
* Assists in training of other personnel as directed.

Qualifications

* Bachelor's degree in insurance or related field.
* Five (5) years' minimum Commercial Lines(Workers Compensation, Auto, General Liability, and/or Property) underwriting experience or equivalent industry experience.
* Relationships within the state preferred.

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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