What are the responsibilities and job description for the Transportation Underwriter position at Berkley?
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
www.berkleysmallbusiness.com 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
