Job Details

Overview

Berkley Aspire is passionate about making excess and surplus lines business easy to transact. We differentiate ourselves by continually innovating to bring market-leading technology and services to our agents and their clients. From direct bill with installments, to not requiring renewal applications for 80% of our small business policies, we focus on making it easy, expeditious, and efficient for agents and consumers. Berkley Aspire writes from small, minimum premium policies to accounts over six figures. We offer General Liability, Property, Inland Marine and Excess policies through Berkley appointed agencies in 49 states.

Benefit Highlights

• Aspire offers Medical, Dental and Vision coverage. Our onsite Scottsdale, AZ Wellness Center and companywide Employee Assistance Program are free to employees and support well-being. Flexible work schedule with a work-from-home day helps balance work and life.
• Health Savings Accounts have automatic company contributions if you sign up, and we offer Flexible Spending Accounts, STD, LTD, life insurance policies, and more. We also offer a 401(k) program, profit-sharing program, and stock purchase plan.
• Competitive paid time off, paid sick time, 12 weeks of paid parental leave, paid holidays, a floating holiday, and paid volunteer time.
• Company-sponsored conferences, tuition assistance, and industry-related education and exams. Internal promotional growth opportunities.
• Plum Benefits program provides cost-free access to thousands of exclusive travel and entertainment discounts.

www.berkleyaspire.com

Responsibilities

This role can be based in our Scottsdale, AZ or Glen Allen, VA offices or neighboring states, and 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. Establish terms and pricing to be provided. 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 consistently with quoted terms and conditions in accordance with established guidelines relative to policy construction.
• 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. Assess exposure and determine appropriate form attachment and fill-in form verbiage on renewal accounts.
• Take on special projects as needed to advance underwriting knowledge across underwriting departments.
• Consult with new business departments on territorial expertise regarding market conditions, trends and state-specific nuances that may impact underwriting decisions to territory teams.
• Effectively communicates (written/verbal) information to internal and external customers to maintain standards of excellence.

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 in a paperless environment, familiarity with online underwriting tools is preferred (SAGE, Silver Plume, Reference Connect, etc.).

Benefits

• Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.
• Salary determined by scope, location, candidate qualifications and experience. Eligible for annual discretionary bonus program.

Sponsorship Details

Sponsorship not Offered for this Role

Seniority level

• Associate

Employment type

• Full-time

Job function

• Finance and Sales

Industries

• Financial Services and Insurance