Berkley Edge (a Berkley Company) ยท 2 days ago
Chief Underwriting Officer
Berkley Edge, a new operating unit of W. R. Berkley Corporation, is seeking a Chief Underwriting Officer to lead the underwriting discipline for profitable growth. This role involves strategic planning, managing underwriting strategies, and building relationships to ensure effective risk management and decision-making.
Insurance
Responsibilities
Oversee the development and management of all aspects of underwriting strategy, aligning with the overall strategic plan, and translating the strategy into clear underwriting guidelines and limits of authority
Establish underwriting authority levels and referral processes that both streamline decision-making and ensure underwriting excellence
Develop pricing and underwriting strategies to attain and improve profitable growth
Develop an efficient set of processes that deliver creative, customized underwriting and risk management solutions while meeting the expectations of our partners
Set strategic process for identifying, evaluating and managing emerging risks
Develop and manage both internal and external relationships in a way that strengthens trust in the business partnership
Manage the portfolio to reflect an appropriate balance between segments and diversification of line of business
Devise strategies and protocols to grow profitably during all market cycles
Establish policies and direct the analysis of information to support the development of products, services, and/or new programs (i.e., research and identify target businesses, competitor information, analyze industry and economic factors, etc.)
Lead, direct, and has management accountability for underwriting team with emphasis on building organizational capability, talent management, and promoting a culture of superior portfolio management and product underwriting
Assist in the maintenance of forms for business
Development, implementation, and maintenance of authority letters
Lead for internal underwriting audit
Responsible for underwriting document procedures, accuracy of data entries to systems and contract integrity for accounts underwritten
Meet as needed with the Senior Leadership Team and President to analyze, recommend, and report on the progress of objectives
Provide the leadership mentoring and guidance necessary to build and sustain a high performing workforce
Anticipate and plan for the future, with the capacity to collaborate with other senior management team members in a way that fosters innovation
Qualification
Required
BA/BS degree in a related field is ideal
Minimum of 10 years commercial insurance underwriting experience including products, casualty, and professional liability
Demonstrated ability to provide strategic and tactical leadership to a team of talented professionals
Demonstrated organizational skills, working with integrity and great strategic foresight - challenging norms while working collaboratively with colleagues at all levels of the organization
Strong interpersonal relationship and communication skills, as well as a desire to collaborate, build rapport, add value and effectively problem-solve with their direct support teams and the teams of the company
Exhibits a track record for finding innovative ways to bring teams together to problem-solve for greatest efficiency and effectiveness. Supportive and dedicated to solving the strategic and tactical execution needs of each respective company
Agile and decisive; can work with an ambiguous, fast-moving environment while also leading to clarity and solutions; adapts quickly and effectively to change
Well-versed in presentations, accustomed to addressing agents, vendors, and partners
Ability to influence and persuade through advanced written and verbal communication skills
Ability to travel up to 20% of time if necessary
Benefits
Competitive compensation plan
Robust benefits package for full time regular employees
Company
Berkley Edge (a Berkley Company)
Innovative insurance solutions for complex casualty and professional liability risks.
Funding
Current Stage
Early StageCompany data provided by crunchbase