Company

BerkleySee more

addressAddressNew York, NY
type Form of workFull-time
salary Salary$53,000 - $75,000 a year
CategoryRetail

Job description

Company Details:


Berkley Offshore is a rapidly growing member company of Berkley, an organization comprised of individual operating units that serve a market defined by geography, products, services or types of customers.


Berkley Offshore is an insurance provider specializing in Energy Upstream, Energy Liability and Marine Insurance. Our teams are comprised of highly experienced, specialized and respected market leaders who work closely with our clients and their representatives to ensure that we provide the highest quality and most appropriate product. Our strategy is to develop long term relationships with efficiency and professionalism. Berkley Offshore offices are located in London, England; New York City, New York, Houston, Texas; and Westbrook, Maine.


The company is an equal opportunity employer.

Responsibilities:

The Associate Underwriter is a key member of the Marine underwriting team and has the unique opportunity to gain an in-depth knowledge of the insurance industry through hands on involvement in various activities. Key functions include but are not limited to:

  • Preparing thorough underwriting workups that contain a detailed exposure and financial analysis, claims/legal history, and a review of significant recent corporate events for each new business and renewal account.
  • Communicating with brokers during the renewal process to ascertain the client’s renewal expectations and on new business accounts to find the best opportunity for successfully winning the business.
  • Participating in client meetings designed to address each account’s risk factors and mitigation approach.
  • Working with senior managers to rate and price new/renewal accounts, draft quote/binder letters and issue policies.
  • Maintaining the underwriting files on all in-force and lost/declined accounts.
  • Developing an understanding of the insurance industry from multiple facets
  • Achieving a proficiency in the technical and professional skills/knowledge of the assigned position (on the job training)
Qualifications:
  • BA/BS degree required.
  • Basic insurance industry knowledge
  • Computer proficiency
  • Exceptional oral and written communication skills - communicate clearly and with a purpose.
  • Calm under pressure. Excellent organizational skills, integrity, and great follow-through on tasks. Comfortable challenging norms while working collaboratively with colleagues.
  • Strong customer service skills – responsiveness, relationship building.
  • Innovative, strong problem-solving skills.
  • Results oriented while treating team members with respect - inclusive, committed to working together to achieve common goals.
  • Demonstrated ability to achieve results by setting goals, prioritizing tasks and staying accountable to stakeholders.
Additional Company Details: 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 including: • Base Salary Range: $$53,000-$75,000 • Eligible to participate in annual discretionary bonus • Benefits include: Health, dental, vision, dental, 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. Sponsorship Details: Sponsorship not Offered for this Role Job Description:
Associate Underwriter 1.11.24 JD

Benefits

Profit sharing, Health insurance, Dental insurance, 401(k), Paid time off, On-the-job training, Vision insurance
Refer code: 8275787. Berkley - The previous day - 2024-02-21 09:57

Berkley

New York, NY
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