E&S Senior Renewal Underwriter

Company Details

 

Berkley Aspire is passionate about making excess and surplus lines business easy to transact.  We differentiate ourselves by continually innovating to bring market-leading technology and services to our agents and their clients. 

 

From direct bill with installments, to not requiring renewal applications for 80% of our small business policies, we focus on making it easy, expeditious, and efficient for agents and consumers.

 

Berkley Aspire writes from small, minimum premium, policies to accounts over six figures.  We offer General Liability, Property, Inland Marine and Excess policies through Berkley appointed agencies in 49 states.

 

Benefit Highlights• Aspire offers Medical, Dental and Vision coverage. Our onsite Scottsdale, AZ Wellness Center and companywide Employee Assistance Program are free to employees and are here to support your overall well-being. Our flexible work schedule with a work-from-home day means you can balance work and life like a pro.• Our Health Savings Accounts have automatic company contributions if you sign up, and we offer Flexible Spending Accounts, STD, LTD, life insurance policies, and more. Plus, we offer a 401(k) program, profit-sharing program, and stock purchase plan – investing in your future has never been so rewarding.• We've got you covered with competitive paid time off, paid sick time, and 12 weeks of paid parental leave. Plus, you get paid holidays, a floating holiday, and paid volunteer time – because giving back to the community is important to us at Aspire!• Come grow with us! Level up with company sponsored conferences, tuition assistance, and industry-related education and exams. We have many internal promotional growth opportunities – because we believe in growing together.• We believe in working hard and playing hard. We embrace team building and are enthusiastic about sponsoring fun activities inside and outside of the office. Our Plum Benefits program gives you cost-free access to thousands of exclusive travel and entertainment discounts – it's like a VIP pass to fun.

 

www.berkleyaspire.com

Responsibilities

This role may be located in the West Chester, OH office or remotely in KY, WV, IN, MI, WI, IA, ND, SD or surrounding states, and will underwrite and maintain renewal portfolio in assigned book of business including all post issuance transactions. (Policy changes, cancels, reinstates, reinsurance, etc). Underwrites renewal business within authority to maintain profitability in accordance with rate and retention company standards.

• Responsible for monitoring renewal production, profitability, and maintaining agency relationships.
• Utilize underwriting expertise and authority guidelines to independently make decisions within granted letter of authority on renewal accounts. Establishes terms and pricing to be provided. Negotiates terms with retail agents.
• Review and underwrite fast track renewals based upon authority granted and provides guidance as needed to associate underwriting team.
• Makes sounds risk and pricing decisions that achieve profitable loss ratios.
• Maintain underwriting quality score of 90% or greater. Document underwriting file to support acceptability and pricing in accordance with company guidelines.
• Achieve designated customer service standards.
• Provide detailed guidance to associate underwriting team to ensure policy is delivered constant with quoted terms and conditions in accordance with established guidelines relative to policy construction.
• Review all post transaction requests for acceptability up to the authority granted.
• Review inspections to confirm accounts written are consistent with preliminary underwriting information and take action needed based on found information.
• Utilize various underwiring tools to determine acceptable risk characteristics accurate classifications, insurance to value, calculate rates, etc.)
• Review policy audits and refer to leadership as needed.
• Assist with training, mentoring and coaching of less experienced team members on the underwriting floor.
• Proficient coverage knowledge in Commercial General Liability, Commercial Property and Commercial Excess Liability. Utilize coverage understanding to assess potential exposure and make judgements regarding appropriate form attachment and fill-in form verbiage on renewal accounts.
• Ability to take on special projects as needed to advance underwriting knowledge across underwriting departments
• Consults with new business departments on territorial expertise regarding market conditions, trends and state-specific nuances that may impact underwriting decision to territory teams.
• Effectively communicates (written/verbal) information to both internal and external customers to ensure our standards of excellence are maintained.

Qualifications

• Bachelor’s degree.
• Advanced professional insurance coursework completion of other insurance related classes is a benefit.
• Minimum of 5 years of commercial lines experience. Excess and Surplus lines experience preferred.
• Ability to exhibit informal leadership across team
• Basic knowledge of computer programs in a Windows environment, including, Word. Excel, Outlook, etc.)
• Prior experience working in a paperless environment, including familiarity with online underwriting tools is preferred. (SAGE, Silver Plume, Reference connect, etc.)

Additional Requirements

We do not accept any unsolicited resumes from external recruiting firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans. 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. This role will be eligible to participate in the annual discretionary bonus program.

Sponsorship Details

Sponsorship not Offered for this Role