Verus Specialty Insurance (a Berkley Company) ยท 9 hours ago
Sr. Casualty Underwriter
Verus Specialty Insurance, a member of W.R. Berkley Corporation, is a leading Excess and Surplus Lines provider in the United States. The Sr. Casualty Underwriter will manage a diverse portfolio of complex casualty accounts, build broker relationships, and make informed underwriting decisions to drive company growth and profitability.
ConsultingFinancial ServicesInsurance
Responsibilities
Independently underwrite larger and more complex casualty risks, including general liability, product liability, and other specialty lines
Develop, manage, and strengthen relationships with wholesale brokers
Proactively identify and address broker performance issues, ensuring alignment with company standards and fostering strong broker relationships
Stay informed on industry developments, regulatory changes, and emerging trends, leveraging this knowledge to enhance underwriting decisions and drive business growth
Make autonomous decisions on risk acceptance, coverage terms, and pricing within your assigned level of authority
Consistently meet or exceed designated line of business (LOB) production metrics, contributing to the overall success of the underwriting team
Apply strong technical knowledge in underwriting, coverage, and pricing to manage complex risks and optimize profitability
Conduct a minimum of 7 trips per year to visit brokers, build relationships, and represent Verus at industry events
Provide guidance and support to junior underwriters, handling referrals and ensuring consistent underwriting quality across the team
Deliver exceptional service to brokers and insureds, ensuring timely and clear communication throughout the underwriting process
Ensure all underwriting activities comply with company guidelines, regulatory requirements, and industry best practices
Qualification
Required
Minimum of 5 years of relevant industry experience, with a strong focus on excess and surplus lines and complex risk underwriting
Deep understanding of the surplus lines marketplace, including peers, competitors, and market cycles
Bachelor's degree in insurance, business, finance, or a related field
Strong analytical and decision-making skills, with the ability to assess risk and profitability in complex scenarios
Excellent verbal and written communication skills, with the ability to articulate underwriting decisions and rationale to brokers and internal stakeholders
Proven ability to build and maintain strong relationships with brokers, insureds, and colleagues
Ability to thrive in a fast-paced, dynamic environment with a high degree of autonomy
Proficiency in Microsoft Office Suite and underwriting software
Willingness to travel as needed, including a minimum of 7 broker visits per year
Preferred
Professional designations such as CPCU, RPLU, or ARM are highly desirable
Benefits
Health
Dental
Vision
Life
Disability
Wellness
Paid Time Off
401(k)
Profit-Sharing plans
Company
Verus Specialty Insurance (a Berkley Company)
Verus Specialty Insurance is an underwriting management company targeting small to midsize commercial risks in the E&S and Specialty insurance markets through appointed wholesale brokers and agents.