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Sr. Underwriter
full-timeBoston$80k - $140k

Summary

Location

Boston

Salary

$80k - $140k

Type

full-time

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About this role

Company Details

 

W. R. Berkley Corporation, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. Founded in 2004, Berkley Environmental has underwriting and account executive units in seven regions. Berkley Environmental offers an array of coverages for virtually all classes traditionally known to have environmental liability exposures on both an admitted and non-admitted basis. We provide a comprehensive portfolio of commercial property casualty insurance, automobile liability and workers’ compensation, along with claim services, providing expertise to meet the unique business needs of our customers.

 

Company URL:  https://berkleyenvironmental.com/

 

The company is an equal opportunity employer.

Responsibilities

We are currently seeking a Sr. Underwriter. Within authority, the incumbent will manage assigned brokers to underwrite Environmental lines for any industry segment.

 

Candidate must work out of the Boston, MA office.

 

Key functions include but are not limited to the following:

 

•    Work with assigned brokers to underwrite Pollution lines for on any industry segment.

•    Visit existing and potential new brokers to discuss our products and procedures such as; underwriting appetite, premium collection policy, profitability issues, pricing and coverage issues.

•    Possess the capability to handle all lines of business and all types of rating programs

•    Capable of looking beyond individual account transactions; managing a book of business to achieve new business, renewal retention and ROE objectives in support of the Division.

•    Handle all aspects of processing the Broker accounts.

•    Perform financial analysis on the audited/reviewed financials or other financial information of insures using appropriate tools.

•   Create and solicit renewal applications from the broker after reviewing the expiring policy and loss information.

•    Underwrite endorsement requests from brokers and sign-off where required.

•  May assist other underwriters in processing renewals, new business and endorsements.

Qualifications

•Bachelor’s degree (Prefer in Risk Management or Environmental Sciences)

•5-10 years of commercial underwriting experience as well as multi-line rating experience.

• Experience in underwriting Transportation / Auto 

•Capable of working in a “paperless” work environment.

•Proficient in Excel, Word, Spreadsheets, PowerPoint and email systems.

•Experience with utilizing available tools in risk selection, pricing and account management.

The Company is an equal employment opportunity employer. 

Additional Company Details

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 which for this role include: • Base Salary Range: $80,000 – $140,000 • Eligible to participate in annual discretionary bonus. • Benefits: 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.

Sponsorship Details

Sponsorship not Offered for this Role

Other facts

Tech stack
Underwriting,Environmental Liability,Financial Analysis,Broker Management,Risk Management,Excel,Word,Spreadsheets,PowerPoint,Email Systems,Transportation,Account Management,Premium Collection,Policy Review,Endorsement Requests,Multi-Line Rating

About Berkley

Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance. Each of the Berkley companies, or operating units, within Berkley participates in a niche market requiring specialized knowledge about an industry, product or territory.

Team size: 5,001-10,000 employees
LinkedIn: Visit
Industry: Insurance
Founding Year: 1967

What you'll do

  • The Sr. Underwriter will manage assigned brokers to underwrite Environmental lines across various industry segments. Key functions include underwriting Pollution lines, visiting brokers, handling account processing, and performing financial analysis.

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Frequently Asked Questions

What does Berkley pay for a Sr. Underwriter?

Berkley offers a competitive compensation package for the Sr. Underwriter role. The salary range is USD 80k - 140k per year. Apply through Clera to learn more about the full compensation details.

What does a Sr. Underwriter do at Berkley?

As a Sr. Underwriter at Berkley, you will: the Sr. Underwriter will manage assigned brokers to underwrite Environmental lines across various industry segments. Key functions include underwriting Pollution lines, visiting brokers, handling account processing, and performing financial analysis..

Why join Berkley as a Sr. Underwriter?

Berkley is a leading Insurance company. The Sr. Underwriter role offers competitive compensation.

Is the Sr. Underwriter position at Berkley remote?

The Sr. Underwriter position at Berkley is based in Boston, Massachusetts, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the Sr. Underwriter position at Berkley?

You can apply for the Sr. Underwriter position at Berkley directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Berkley on their website.