hero

Underwriting Careers at Industry Leaders

Discover your next underwriting adventure with friends of Kalepa and leaders in commercial insurance

Associate Underwriter

W. R. Berkley

W. R. Berkley

Marketing & Communications
Berkley, MI, USA
Posted on Oct 1, 2024

Associate Underwriter

Location Name VA, Glen Allen - 4820 Lake Brook - Suite 150
ID
2024-11207
Date Posted
2 days ago(9/30/2024 6:37 PM)
Company
Berkley Aspire
Primary Location
US-VA-Glen Allen
Category
Underwriting

Company Details

Berkley Aspire is an excess & surplus lines insurer of commercial risks unable to find a home in the standard markets. We are an operating unit of WR Berkley, a publicly traded (NYSE “WRB”) global insurer founded in 1967.

We make excess & surplus lines easy – easy for our distribution partners, easy for the businesses they represent, and easy to navigate. The lines of coverage we underwrite include general liability, property, and excess liability. Our model is different than our competitors – we do the premium billing and do not add interest/ finance percentage, we offer enhanced commissions, and we handle the stamping, affidavit filings, and other behind-the-scenes paperwork.

Our company culture is entrepreneurial, employee centric, and focused on sustainable growth. Aspire teammates work either remotely or on a hybrid schedule from offices in Scottsdale, Cincinnati, and Richmond. If you are looking for a company that offers room for advancement, great benefits, and positive vibes, then Aspire may be the place for you!

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

The Associate Underwriter works within a production underwriting team to produce commercial insurance products for selected retail agency partners. The products provided are Commercial General Liability, Commercial Property, Commercial Inland Marine, and Commercial Follow Form Excess. The Associate Underwriter has a primary responsibility for policy issuance and ensuring that service standards and compliance guidelines are met. The Associate Underwriter will analyze information and have the opportunity to connect with their assigned agency partners.

Specific Duties

  • Under general direction, analyze renewal data, set up pricing using provided renewal pricing tools and issue renewal quotes and/or renewal policies as the guidelines dictate.
  • Assist other underwriters on assigned team with handling the issuance of binders, endorsements, cancellations, and, reinstatements for assigned agents within the service standard guidelines
  • Ensure underwriting files, service standards and compliance guidelines are adhered to and underwriting authority letter is followed at all times.
  • Rapidly evaluate, prioritize, and select most important tasks to handle for the assigned underwriting team. This includes but is not limited to:
    • Handling of assigned team’s general email inbox
    • Rating multi-location, multi-state accounts as needed for other underwriters on assigned team(s)
    • Ordering Loss Control reports from third party vendors when requested
    • Enter reinsurance cessions into reinsurance accounting system for payment reconciliation

May perform other functions as assigned.

Specific Requirements

  • Bachelor’s degree and three plus years related insurance experience or equivalent combination of education and experience.
  • Minimum of three years of experience and/or training in insurance along with basic knowledge of insurance policy and premium transactions preferred.
  • Must have strong customer service background in a professional environment.
  • Excess and Surplus Lines background beneficial.
  • Must have working knowledge of the rating process, including proper application policy issuance procedures.
  • Strong customer focus and the ability to respond with a sense of urgency.
  • Entrepreneurial qualities, such as trying innovative solutions, resiliency to change and recognizing what is most important to get done.
  • Teamwork, providing and welcoming open, honest, respectful and constructive feedback.
  • Ability to work independently and in a team environment.
  • Ability to communicate effectively.
  • Demonstrated strong written and verbal communication skills.

Berkley Core Competencies

Accountability

Communication

Customer Focus and Teamwork

Flexibility

Innovation and Initiative

Additional Company Details

The Company is an equal employment opportunity employer

We do not accept any unsolicited resumes from external recruiting agencies or firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees.

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.




Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed

Connect With Us!

Not ready to apply? Connect with us for general consideration.
Application FAQs

Software Powered by iCIMS
www.icims.com