Verus Specialty Insurance (a Berkley Company) · 2 weeks ago
Casualty Underwriter - Small Business Accounts
Glen Allen, VA
Full-time
Hybrid
Mid Level
3+ years expVerus Specialty Insurance, a member of the W.R. Berkley Corporation, is a leading provider in the Excess and Surplus Lines market. The Casualty Underwriter for Small Business Accounts will be responsible for underwriting risks, managing broker relationships, and developing new product line opportunities to enhance the company's offerings.
ConsultingFinancial ServicesInsurance
No H1B
Responsibilities
Under broad supervision, responsible for underwriting risks in a book of business focusing on Small Business accounts
Works within limited authority on assignments utilizing underwriting policies and guidelines, rating manual rules and insurance laws and regulations
Skill and knowledge of broker/agency management and relationship building
Expected to maintain and develop broker relationships
Track record of uncovering, researching and putting together new product line opportunities by applying appropriate underwriting strategies and standards to qualify risk acceptability
Ability to work effectively and within an assigned level of underwriting authority
Experience planning, orchestrating, and leading highly effective broker meetings
Negotiates standard coverage issues, closes sale, and gauges customer satisfaction
Ability to meet or exceed designated LOB production metrics
Strong technical knowledge regarding underwriting, coverage and pricing within a particular product line
Proven ability to build and maintain strong productive relationships with individual brokers
Provide timely, courteous and efficient service to all internal and external clients
Ability to identify and call appropriate attention to broker performance issues
Understanding of pricing and risk selection criteria
Perform other duties as assigned
Qualification
Required
College degree or equivalent work experience with demonstrated involvement in insurance industry education
A minimum of 3 years' relevant industry experience
Resourceful, analytical, with the ability to execute tasks through to resolution
Strong oral/written communication skills with a positive attitude
Detail-oriented with initiative and ability to work in fast-paced team environment
A focus on delivering exceptional customer service
Excellent communication and interpersonal skills
Ability to work independently as well as part of a team
High sense of urgency and need to identify and resolve issues
Ability to travel, as needed
Computer literate including use of Word, Excel and various project management tools
Preferred
Working knowledge of and contacts within the wholesale agency distribution system strongly preferred
CPCU designation a plus
Benefits
Competitive compensation plan
Robust benefits package for full time regular employees
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.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Joni Holland
SVP, Operations & Chief Operating Officer
Company data provided by crunchbase