AVP Underwriting, Excess
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Berkley
Scottsdale, AZ, US
Summary
The AVP Underwriter is responsible for the production, underwriting, and overall management of a book of business focusing on excess and surplus lines. This includes developing broker relationships, maintaining underwriting profit, and serving as a referral authority for junior underwriters.
Job Description
Company Details
Berkley Specialty Excess (BSE) was founded in 2023 as a member company of W.R. Berkley Corporation. Berkley Specialty Excess is an excess and surplus lines commercial insurance carrier. Berkley Specialty Excess provides excess and surplus lines coverages for mid-market companies with hard–to place, specialized risks including, environmental (excess and primary), excess energy and excess general casualty. These risks involve moderate to high degrees of hazard and require highly negotiated terms to meet buyer's needs. The distribution of products is limited to industry specialized brokers, wholesale for all products and large retail brokers for environmental and energy products.
Company URL: https://www.berkleyse.com/
The company is an equal opportunity employer.
This role will cover a nationwide territory.
Responsibilities
The role of the Senior Underwriter, Excess is to provide superior business development and marketing strategies for their book of business, managing to produce and retain key accounts, and maintain an acceptable profit by keeping abreast of market trends. In addition, as a proven expert, the Executive Underwriter will also support the business as it pertains to participating in speaking engagements, networking opportunities, and industry forums as necessary.
- Production and underwriting of new and renewal accounts.
- Compliance with underwriting documentation rules and guidelines.
- Maintains an acceptable underwriting profit.
- Adherence to Berkley Specialty Excess underwriting guidelines and referral compliance.
- Development and maintenance of key broker/agent relationships.
- Participates in all internal company training and continuing education.
- Remains current on product releases as it pertains to LOB.
- Management and development of business and broker relationships new to the organization.
- Responsible for the overall management, business development, analysis and monitoring of their book of business.
- Stays abreast and knowledgeable on market trends in terms of forms, coverage and appetite to maintain competitiveness.
- Functions as referral authority for Associate Underwriters and Underwriters.
- Leverage skills and expertise outside of desk responsibilities, including participation in marketing/public speaking events.
Qualifications
- 5-7 years of commercial insurance underwriting experience, preferably in E&S markets.
- Technical knowledge of general casualty lines of coverage, other lines of experience a plus.
- Experience with excess casualty contractual wording, rating methodologies, financial analysis, and policy structure
- Up to 25% travel.
Education
- Bachelor’s Degree or equivalent insurance experience required.
- Coursework toward applicable designation (including but not limited to CPCU, RPLU, etc.) desired.
Additional Company Details
We do not accept any unsolicited resumes from external recruiting agencies or firms. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details
Sponsorship not Offered for this Role
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 an industry, product or territory.
Founded
1967
Company size
5,001-10,000 employees
Industry
Insurance
Org type
Public Company
Headquarters
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 an industry, product or territory.
Founded
1967
Company size
5,001-10,000 employees
Industry
Insurance
Org type
Public Company
Headquarters
Greenwich, CT