Acadia Insurance (a Berkley Company) ยท 3 months ago
Small Commercial Underwriter
Berkley Southeast Insurance Group (BSIG) is a member of W. R. Berkley Corporation, a Fortune 500 Company, providing local underwriting and risk services. The Small Commercial Underwriter will evaluate and maintain risk acceptability and profitability for commercial risks, partner with agents, and mentor less experienced underwriters while ensuring compliance with underwriting guidelines.
Commercial InsuranceInsurance
Responsibilities
Analyzes commercial lines accounts to make decisions based on individual risk characteristics, exposure analysis, hazard recognition and control. Utilizes underwriting guidelines to ensure compliance with state regulations. Within delegated authority levels, accepts, rejects or modifies new and/or renewal business to ensure a profitable book of business
Prices business according to Company underwriting and pricing guidelines. Assists less experienced underwriters in the handling of high hazard or more complex accounts. Ability to use creativity and underwriting knowledge to write risks and retain business
Partners with Territory Managers to support marketing activities by developing ongoing relationships with agents to discuss market appetite, quality and profitability of submissions, service standards, and underwriting and/or product changes. Communicates with agents on underwriting issues including decisions on cancellations, declinations, exposure concerns, and survey results
Partners with Territory Managers to identify issues or patterns and works to resolve or improve them; participates in agency planning and review processes; and may identify sales and marketing opportunities. Takes a lead role relative to Key Account review and recommendations
Travels, with or without Territory Manager, to assigned agent locations to develop agency partnerships
Trains and educates agency staff on Company products, services, processes, and underwriting philosophy
Assists in training and serves as a technical resource to other underwriters as needed
Attend industry workshops/meetings each year
Performs other duties as assigned
Qualification
Required
Minimum of 2-5 years commercial lines underwriting experience, including but not limited to CGL, Property, Packages, BOP, Auto, Crime, IM, Umbrella and/or WC
Good organizational skills, ability to handle multiple tasks and effectively prioritize
Comprehensive knowledge of commercial lines products and contract knowledge including regulatory and policy differences among applicable states
Demonstrated depth in negotiation, analytical and problem-solving skills
Strong computer skills and ability to work with multi-faceted systems
Ability to effectively and independently manage complex workload while exhibiting very sound judgment
Excellent written and verbal communication skills
Demonstrated ability to develop and maintain relationships with agents and other departments and must also exemplify superior teamwork
Four-year college degree or equivalent combination of education and work experience
Preferred
CPCU Designation or other equivalent coursework preferred
Benefits
Competitive compensation plan
Robust benefits package for full time regular employees
Company
Acadia Insurance (a Berkley Company)
Acadia Insurance specializes in commercial property casualty insurance. Our company began in 1992 insuring businesses in Maine.
Funding
Current Stage
Growth StageLeadership Team
Recent News
2024-03-06
Coverager - Insurance news and insights
2022-06-28
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