Underwriter - Small Transportation

Posted on Sep 27, 2024 by Berkley
West Hartford, CT
Insurance
Immediate Start
Annual Salary
Full-Time
Company Details:

Berkley Small Business Solutions (BSB) is committed to providing small business customers with the next generation of small business solutions, including offering operational, underwriting, and marketing opportunities. We offer insurance products to Small Business Owners for transportation and other main street businesses.  We leverage underwriting expertise, data, and analytics, and automation for risk assessment, selection, pricing retention. We champion our customers, distribution always seeking a smarter way to provide a more efficient and better user experience. 

We are a proud member of W. R. Berkley Corporation, one of the largest commercial lines property casualty insurance holding companies in the United States. With the resources of a large Fortune 500® corporation and the flexibility of a small company, we exclusively work with select independent agents to bring technology solutions that help them build their business.

Responsibilities:

This position will be responsible for helping start up an organization poised to achieve and exceed profitability goals through proper risk selection and account management by utilizing data and analytics.

Review new and renewal commercial insurance risks in the Small Business Transportation Program, working with Motor Carrier, General Liability, and Motor Truck Cargo coverages, forms, underwriting, and risk assessment

Determine the accurate classification of business, policy contract forms, and risk pricing; review and act upon pertinent risk information such as loss control reports, motor vehicle reports (MVRs), loss runs, and financial statements.

Responsible for book management of an assigned agency territory, including achieving predetermined premium goals and profitability objectives, conducting audits on agency business, effectively communicating the company underwriting philosophy, and assuring compliance with underwriting best practices.

Cultivate effective agency relationships in collaboration with the Distribution team; conduct agency visits, communicate expectations, and make recommendations for agency action(s) when appropriate.

Provide guidance to Associate Underwriters in technical underwriting matters, including, but not limited to, such procedures as coverages, cancellations, exclusions, endorsements, and non-renewal action.

Assist in developing new products, coverage enhancements, and procedures that drive production and processing efficiency.

Learn and execute on Workers Compensation, Cyber Risk for future development.

May perform other functions as assigned

Qualifications:

3+ years of related commercial auto (trucking preferred) underwriting experience

CPCU designation preferred

Must have experience writing motor carrier insurance auto in multiple states

GL, Workers Compensation, BOP or CPP experience desired

Familiarity with FMCSA and Federal DOT financial responsibility requirements including processing.

Excellent communication skills to work with internal and external stakeholders and customers.

A self-starter who can manage time effectively and work within a demanding, challenging, and ever-changing environment.

Ability to work independently but collaboratively.

Regularly and consistently demonstrates a commitment to company values and guiding principles.

Education 

Bachelor’s Degree

Additional Company Details:

(url removed)

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.

Additional Requirements:

Travel: Occasional

Reference: 202597202

https://jobs.careeraddict.com/post/95622605

Underwriter - Small Transportation

Posted on Sep 27, 2024 by Berkley

West Hartford, CT
Insurance
Immediate Start
Annual Salary
Full-Time
Company Details:

Berkley Small Business Solutions (BSB) is committed to providing small business customers with the next generation of small business solutions, including offering operational, underwriting, and marketing opportunities. We offer insurance products to Small Business Owners for transportation and other main street businesses.  We leverage underwriting expertise, data, and analytics, and automation for risk assessment, selection, pricing retention. We champion our customers, distribution always seeking a smarter way to provide a more efficient and better user experience. 

We are a proud member of W. R. Berkley Corporation, one of the largest commercial lines property casualty insurance holding companies in the United States. With the resources of a large Fortune 500® corporation and the flexibility of a small company, we exclusively work with select independent agents to bring technology solutions that help them build their business.

Responsibilities:

This position will be responsible for helping start up an organization poised to achieve and exceed profitability goals through proper risk selection and account management by utilizing data and analytics.

Review new and renewal commercial insurance risks in the Small Business Transportation Program, working with Motor Carrier, General Liability, and Motor Truck Cargo coverages, forms, underwriting, and risk assessment

Determine the accurate classification of business, policy contract forms, and risk pricing; review and act upon pertinent risk information such as loss control reports, motor vehicle reports (MVRs), loss runs, and financial statements.

Responsible for book management of an assigned agency territory, including achieving predetermined premium goals and profitability objectives, conducting audits on agency business, effectively communicating the company underwriting philosophy, and assuring compliance with underwriting best practices.

Cultivate effective agency relationships in collaboration with the Distribution team; conduct agency visits, communicate expectations, and make recommendations for agency action(s) when appropriate.

Provide guidance to Associate Underwriters in technical underwriting matters, including, but not limited to, such procedures as coverages, cancellations, exclusions, endorsements, and non-renewal action.

Assist in developing new products, coverage enhancements, and procedures that drive production and processing efficiency.

Learn and execute on Workers Compensation, Cyber Risk for future development.

May perform other functions as assigned

Qualifications:

3+ years of related commercial auto (trucking preferred) underwriting experience

CPCU designation preferred

Must have experience writing motor carrier insurance auto in multiple states

GL, Workers Compensation, BOP or CPP experience desired

Familiarity with FMCSA and Federal DOT financial responsibility requirements including processing.

Excellent communication skills to work with internal and external stakeholders and customers.

A self-starter who can manage time effectively and work within a demanding, challenging, and ever-changing environment.

Ability to work independently but collaboratively.

Regularly and consistently demonstrates a commitment to company values and guiding principles.

Education 

Bachelor’s Degree

Additional Company Details:

(url removed)

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.

Additional Requirements:

Travel: Occasional

Reference: 202597202

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