Director, Underwriting
berkley
administration

Job Description:

The Director, Excess Casualty E&S Underwriter is responsible for analyses of potential and existing customers by gathering and reviewing information on the companies� financial condition, loss and exposure history, and other relevant information to determine underwriting acceptability. Duties will also entail assessing economic acceptability of the risks and other important criteria that may affect the type of insurance coverage provided and premiums charged.

Daily Responsibilities:

Understand the relationship between the brokerage community and underwriting; includes importance of managing the expectations of and communicating underwriting decisions, requirements, and philosophies to brokerage community. Maintain producer / agency contact log information in electronic databases. Participate in agency visitations with underwriters, claims representative or loss control representative to begin developing customer contacts. Evaluate risk characteristics of submissions to determine business opportunities in accordance with guidelines and company philosophy. Review underwriting documents for accuracy prior to their release to brokers and/or company clients. Learn to analyze coverage and limit requests to determine terms to be offer. Prices business in accordance with company guidelines. Assesses risk quality and compliance within company guidelines and initiates appropriate loss prevention actions. Orders and screens miscellaneous reports needed in the rating and underwriting processes, such as loss history reports, credit checks, outside inspections, loss control, etc. Assist with the input of preliminary underwriting information; gather third party reports and information on submissions, according to priority ranking by the underwriting team. Assist with pre-underwriting on renewals prior to the policy expiration date to determine whether notice of non-renewal or notice of a change in risk letters are required. Within guidelines. Assist with gathering prior claim history information on renewals and utilize judgment to assist in determining extent of pre-underwriting or non-renewal.

Job Requirements:

Bachelor�s degree with a major in Insurance or related field Must be able to conceptualize and analyze financials at a college level, as required by product line. Strong written and verbal communication skills are a must. Must be able to manage multiple priorities and possess the ability to make independent judgments. Must be a team player, willing and eager to learn, organized, detailed and flexible. Position requires occasional travel, including overnight trips.

Compensation:

Base Salary Range: $130,000.00 - $170,000.00 Eligible to participate in annual discretionary bonus Benefits include Health, dental, vision, life, disability, wellness, paid time off, 401(k) and profit-sharing plans

Job Location(s):

Stamford, Connecticut

Source:

Company Career Section

Competition:

N/A

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Yes

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