Berkley Luxury Group is an operating unit of W.R. Berkley Corporation, one of America’s largest commercial lines writers in the United states. At Berkley Luxury Group we offer tailored, all-inclusive insurance solutions for luxury condo, co-op, rental properties and fine dining restaurants.
We are a team of seasoned underwriting and claim professionals, well versed in the nuances of our two niches. Our specialized expertise has enabled us to maintain a stable approach to the market for over 30 years. We uphold a standard of prompt and fair settlement of claims, and endeavor to treat our insureds and brokers in a partnership like manner. We also have the ability to provide an array of value-added consultative risk management services designed to assist our customers in managing risk. At Berkley Luxury Group, we have a shared vision to be the best in what we do, as evidenced by our reputation amongst our customers and competitors.
The company is an equal opportunity employer
The Senior Production Underwriter is a key member of the underwriting team reporting to the Director of Underwriting. The primary goal of this position is to profitably grow a book of business by actively partnering with brokers and working effectively with colleagues throughout the organization. This person will plan and budget for the book of business, develop and maintain agency relationships, and execute underwriting decisions using underwriting rules, designated authority and will have strong knowledge of insurance laws and regulations. The ideal location for this new hire will be the Chicago metropolitan area.
Key Functions will include but not be limited to:
Inforce Portfolio Management and Underwriting Execution:
Broker Relationships and Business Development:
This position can be available as remote if not located near a Berkley office.
Minimum of 5 years commercial underwriting experience working with all lines- property, casualty, auto, umbrella and general liability.
Experience working with luxury condos, co-ops, rental properties and fine dining restaurants a definite plus.
Demonstrated technical underwriting expertise and product specific knowledge
Strong analytical and problem-solving skills in addition to strong interpersonal, communication & negotiation skills.
Demonstrated proficiency in sales and marketing
Solid knowledge of underwriting and insurance industry theories and practices.
Strong written and verbal communication, negotiation and interpersonal skills and the ability to effectively interact with all levels of internal and external business partners.
Ability to multi-task and to independently prioritize competing demands/requests within given time constraints.
Ability to work independently and exercise independent judgment and effectively make sound business decisions.
Proficiency in Microsoft Office Suite.
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