Preferred Employers Insurance (a Berkley Company) · 2 days ago
Sr. Production Underwriter
San Diego, CA
Full-time
Hybrid
Senior Level
$80K/yr - $135K/yr
5+ years expPreferred Employers Insurance, A Berkley Company specializes in providing workers’ compensation insurance to California business owners. The Senior Production Underwriter is responsible for risk evaluation, developing broker relationships, and achieving underwriting profit while promoting the company’s products and services.
Financial ServicesHealth InsuranceInsurance
No H1B
Responsibilities
Risk Evaluation: Selection, retention, and pricing of new and existing business in accordance with the company’s underwriting philosophy and guidelines
Broker Relationships: Pro-actively develops and fosters positive, professional relationships with the company’s agency partners in an effort to promote the company’s products and services
Premium Growth: Works closely with Field Sales Managers in plan management of brokers. (i.e., Generation of submissions, target quote and bind hit ratios, co-working agency business plans and incentives.)
Underwriting Profit: Works closely with Field Sales Managers in the achievement of pricing targets and commission targets to meet company’s profitability objectives
Selects new business and evaluates renewal accounts in accordance with company underwriting philosophy, established authority parameters, as well as written/verbal procedures and guidelines
Demonstrates a professional, courteous attitude with agents. Responds quickly and ethically to all requests/issues. Delivers on promises and promises only what can be delivered
Provides accurate and thorough education to agents about the company’s risk selection philosophy and pricing guidelines
Monitors performance criteria, including premium and unit count goals, mix of business, written-to-quoted ratio, and declination ratio of assigned agencies and territory
Achieves company growth objectives by consistently seeking sales opportunities, soliciting desirable business, and diligent follow-up on quoted business
Regularly travels to agencies providing field underwriting and quoting as needed
Reviews claims activity, loss control surveys, and inspection reports for existing policies, handling as required
Works with other departments as necessary to resolve policy issues
Determines the appropriate course of action for policy changes, delegating to assistant underwriters and/or processing assistants for handling
Provides mentoring and training to other staff members
The Senior Production Underwriter must be a team player, exhibit expertise and consistently exercise good judgment
Qualification
Required
BA/BS degree from an accredited institution, or equivalent
5+ years of experience in California workers' compensation underwriting, or equivalent
Demonstrated ability to work in a fast paced, decision-oriented environment
Excellent communication, negotiation, and analytical skills
Strong organizational skills and ability to manage multiple tasks
Strong automation skills including MS Office products
Ability to work independently and in a collaborative team environment
Benefits
Health
Dental
Vision
Life
Disability
Wellness
Paid Time Off
401(k)
Profit-Sharing plans
Company
Preferred Employers Insurance (a Berkley Company)
Preferred Employers Insurance, a Berkley company, is a specialty provider of workers’ compensation insurance.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Eric Hansen
Senior Vice President - Underwriting
Stephanie Graham
Vice President of Claims
Recent News
Company data provided by crunchbase