Company Details
Berkley Fire & Marine Underwriters was launched in 2013 and is a W. R. Berkley operating unit offering preferredinland marine and related property risks and services. Headquartered in Chicago, Berkley Fire & MarineUnderwriters serves customers throughout the United States, both regionally and nationwide.
Responsibilities
Berkley Fire & Marine has a great opportunity to start your career as an Inland Marine Assistant Underwriter. You will work closely with experienced local and regional underwriters and management learning all aspects of inland marine insurance underwriting and contributing to building a profitable portfolio of business while gaining a substantive understanding of the roles and responsibilities of inland marine underwriting. This is a great opportunity to grow and develop your career.
Key job functions over the next 1-5 years will include:
* Learning inland marine coverages and forms;
* Demonstration of functional knowledge of underwriting, producer relationships and market management;
* understanding our approach to managing our relationships with clients and producers;
* exhibit proficiency in our marketing/sales methodologies; and
* Developing a functional understanding of inland marine insurance.
The successful candidate will provide technical support to underwriting staff, participate in various underwriting and educational activities, and be responsible for:
* Aiding in building superior distribution partnerships with agents and brokers;
* Analyzing applications, determining acceptability of risk in accordance with Company guidelines and practices in order to assist underwriting with the appropriate underwriting decisions;
* Analyzing quality, quantity, and profitability of risks underwritten and preparing reports for underwriting and management review;
* Assisting in the management of the Inland Marine and Property business to achieve the goals and objectives established. Ensuring continued profitable growth;
* Execute special projects in pursuit of enhanced operational excellence, delivery of valuable external marketing materials, and portfolio analysis reporting;
* Self-study in pursuit of appropriate designations as defined by management;
* Assisting with product development in creation of innovative products and service to introduce to the market.
* Interact with the marketplace through frequent attendance of regional client and producer meetings
Qualifications
* Bachelors Degree from an accredited 4-year institution or equivalent job related experience
* Required 2+ of insurance underwriting experience, with prior inland marine knowledge a plus
* Familiarity of local insurance agency market preferred
* Prior face to face marketing experience
* Strong oral and written communication skills
* Critical thinking, problem-solving and analytical skills
* Must be comfortable identifying and pursuing opportunities for new business in person and by phone and e-mail
* proficiency in Microsoft Office Applications (Excel, Word, PowerPoint)
* Must be able to work independently, have an entrepreneurial spirit and thrive in a team environment.
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.