Senior Renewal Underwriter

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 global insurer founded in 1967. 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.

Responsibilities:

• Underwrites and maintains 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 and negotiates terms with retail agents.
• Review and underwrite fast track renewals based upon authority granted and provide guidance as needed to associate underwriting team.
• Makes sound 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 consistent with quoted terms and conditions.
• 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 underwriting 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.

The company offers a competitive compensation plan and robust benefits package for full-time regular employees which includes health, dental, vision, life, disability, wellness, paid time off, 401(k) and profit-sharing plans. This role will be eligible to participate in the annual discretionary bonus program.

Sponsorship not offered for this role.