Underwriter jobs in the United States

Company Details

Berkley Aspire is an operating unit of the W.R. Berkley Corporation (NYSE – WRB), a Fortune 500 global insurer founded in 1967.

Aspire underwrites excess & surplus lines insurance solutions across the United States for hard-to-place commercial risks. Our direct to retail distribution strategy is unique, and we underwrite general liability, excess liability, property, and inland marine coverages. Verticals we specialize in include construction/contractors, habitational/real estate, hospitality/special events, entertainment/amusements, and manufacturing/products liability. Most of our customers are small to medium sized businesses and we operate in all 50 states and the District of Columbia.

At Aspire, we strive to make surplus lines insurance easy to understand and easy to navigate. We think big. We lean in and listen. We work hard. We are open to new ideas. We experiment and innovate. We take care of our customers and support our teammates. And, if we do it right and stay true to our core principles, then we deliver profitable growth on a consistent basis.

We are an organization dedicated to an employee-centric company culture and a positively disruptive business model.

By thinking outside the box, we are making insurance a little more exciting and a little more fun.

Our home office is in Scottsdale, AZ. We also have offices in Cincinnati, OH, Richmond, VA, and Charlotte, NC. Our growing number of work-from-home teammates are located across the country.

We are always looking to add talented, motivated, and creative people to our team, so please reach out if you are interested in learning more about us.

www.berkleyaspire.com

Responsibilities

The Underwriter provides support to the underwriting process, making appropriate decisions within own underwriting assigned authority levels.  In addition, the Underwriter reviews insurance applications and processes accounts, and projects a professional company image through internal and external customer interaction.

• Assesses new and renewal accounts to determine acceptability based upon NIC underwriting guidelines and authority granted.
• Reviews new and renewal accounts to verify issuance is in compliance with NIC underwriting guidelines, addresses discrepancies as needed, and enters information into appropriate systems.
• Establishes types and limits of coverage to be provided.
• Creates, analyzes and interprets data from various systems and underwriting resources.
• Responsible for monitoring production, profitability, and maintaining agency relationships.
• Collaborates with underwriting team as well as other departments on underwriting philosophy.
• Effectively communicates (written/verbal) information to both internal and external customers to ensure our standards of excellence are maintained.
• Consults with agency staff to obtain additional information on existing accounts.
• Promotes consistency amongst underwriting teams by contributing knowledge and soliciting feedback relative to underwriting philosophy and company goals.
• Maintains confidentiality with discretion and integrity with both internal and external information.
• Maintain familiarity with state laws and filing requirements within assigned territory to properly transact business within a state.
• Consults with underwriting team to determine if reinsurance is needed, and negotiates terms with designated reinsurer companies.
• Identifies and recommends changes to policy verbiage when standard text is not appropriate. Seeks manager approval before implementing.
• Monitors the amount of insurance in force on a single risk or group of closely related risks. Evaluates possibility o f catastrophe losses and takes necessary action, as needed.
• Occasionally requested to assist with the development of special programs, underwriting procedures, and educational seminars.
• Composes reports and business correspondence such as travel summaries, agendas, and meeting minutes.
• Coordinates internal and/or external visits including but not limited to scheduling meetings, confirming staff availability, and arranging meals/entertainment.
• Provides guidance and support to less experienced team members within the department.
• Performs other duties as assigned.

#LI-RS1

#LI-Remote

Qualifications

• Bachelor's degree; or at least two years of experience in a business or related field; or an equivalent combination of training and experience that provides the required knowledge, skills, and abilities.
• AIS, ASLI, and AU designations or completion of other insurance related classes is preferred.
• A minimum of one to two (1-2) years of experience as an Associate Underwriter.
• Excess and Surplus lines background is beneficial.
• Basic knowledge of computer programs in a Windows environment, including Word, Excel and email.
• Capability to learn and utilize various underwriting applications to determine accurate classifications and calculate rates and premium charges using approved rating methods.

Additional Company Details