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Berkshire Hathaway Homestate Companies - Workers Compensation Division · 5 days ago

Experienced Underwriter - Workers Compensation

San Diego, CA

Full-time

Hybrid

Mid Level

$70K/yr - $105K/yr

3+ years exp

Berkshire Hathaway Homestate Companies, Workers Compensation Division, has an immediate opening for an Underwriter in their San Diego, CA office. This role is responsible for evaluating new and renewal business to achieve departmental goals for profitability and growth, while developing productive agency relationships.

Financial ServicesInsurance

Responsibilities

Appropriately discerns applications for coverage, ensuring applicable information is accurate and complete for pricing determination. Works with the Underwriting Support Specialist team to gather appropriate information needed and reaches out to agency partners to request any additional information required

Analyzes current and prospective policyholders to determine appropriate quotation, indication or declination of policy. Communicates pricing within a predetermined authority level to brokers and producers per industry and corporate standards utilizing proprietary software and databases

Analyzes production and actuarial reports; Coordinates with Loss Control and Claims to address any accounts performing adversely

Effectively negotiates premium costs and net rates; Ensures profitability and new business goals are met

Makes prompt, sound decisions on issues that arise in submissions based on the best information available. Coordinates with Underwriting Support Specialists to bind agreed upon policies. Ensures submissions result in timely policy production. Prepares Loss Control requests for appropriate accounts

Proactively communicates with external clientele and internal resource partners, fostering productive agency relationships and client retention. Ensures deadlines are met and prompt response to inquiries is provided. Accompanies Marketing Managers to agency visits as needed to promote improved agency relationships. Participates in policyholder and broker sales calls

Performs special assignments and projects as assigned

Qualification

Underwriting experienceWorkers' compensation regulationsCPCU certificationRisk Management knowledgeMathematical conceptsMicrosoft Office SuiteCommunication skillsProblem-solving skills

Required

Bachelor's degree from an accredited college or university is required, preferably in Risk Management, Economics, Finance, or Business

Minimum of three years of underwriting experience at a workers' compensation carrier is required

Able to read, analyze, and interpret general business periodicals, professional journals, technical procedures and governmental regulations

Able to write detailed reports, business correspondence and procedure manuals

Able to effectively present information to management and public groups

Able to work with mathematical concepts such as probability and statistical inference

Able to apply concepts such as addition, subtraction, multiplication, division, fractions, percentages, ratios, and proportions to practical situations

Able to define problems, collect data, establish facts and draw valid conclusions

Able to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables

The individual should have knowledge of workers' compensation underwriting regulations and strategic principals and be able to apply them skillfully and consistently

To perform this job successfully, the individual should be proficient on the Microsoft Office Suite and able to quickly master proprietary and vended software applications

Preferred

Chartered Property Casualty Underwriter (CPCU) designation a plus

Benefits

Unparalleled financial strength and stability

Fantastic growth and advancement opportunities

WFH Hybrid schedule

Free gym in building

Generous Paid Time Off and Holidays

Excellent Benefits (Medical, Dental, Vision, 401k, etc)

Health and Wellness Reimbursement

Tuition Assistance Reimbursement

Discounts across companies such as GEICO, See’s Candies, etc.

Company

Berkshire Hathaway Homestate Companies - Workers Compensation Division

Glassdoor3.4

Financial Strength and Integrity With more than 50 years in business, BHHC has grown from a regional organization to a national insurance group, offering insurance products from coast to coast.

Founded in 1970

Omaha, Nebraska, USA

501-1000 employees