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Berkley Industrial Comp (a Berkley Company) · 19 hours ago

Territory Underwriting Manager

Chicago, IL

Full-time

Hybrid

Senior Level

5+ years exp

Berkley Industrial Comp is a provider of workers’ compensation insurance solutions for high hazard industries, focused on delivering an exceptional customer experience. The Territory Underwriting Manager will be responsible for underwriting new business and managing relationships with agencies to achieve profitability goals in their designated region.

FinanceInsuranceRisk Management

No H1B

Responsibilities

Underwrites all new business and renewal risks for designated geographic region

Manages a book of business between $15 - $20 million

Develops and maintains relationships with agencies within a key geographic region

Works to achieve/exceed planned accident year loss ratio, rate change, renewal retention and enforce premium goals

Documents, analyzes and offers decisions with appropriate detail within underwriting authority levels

Takes initiative to recommend potential improvements in underwriting principles, techniques or appetite

Complies with insurance filings and regulatory requirements

Supports the company’s business development strategies through exceptional responsiveness and communication, agency visits, and point-of-sale presentations if/when necessary

Demonstrates a working knowledge of our appetite and accurately conveys message to the agency plant; monitors and manages agency hit ratio metrics, new business volume, and overall profitability

Utilizes Berkley Industrial’s internal tools to track book performance, ensuring new business target production volume is met throughout the term

Establishes a knowledge base of agency needs, staff, target markets, and contracted insurers; documents agency visits

Performs agency evaluations and works with Business Development to create and ensure agency goals are being met

Qualification

Workers compensation underwritingCPCUCICAU designationMicrosoft Office proficiencyMarketing experienceAnalytical skillsManagerial skillsCustomer service skillsVendor management skillsStress managementDeadline managementInterpersonal skillsNegotiation skillsCommunication skillsSelf-motivated

Required

Bachelor's degree

Strong background in Microsoft Office, Word, Excel

5 or more years of workers compensation underwriting experience with a focus in higher hazard industries, such as construction and heavy manufacturing

3-5 years of marketing experience working with independent agents

Strong interpersonal, analytical, and negotiation skills

Exceptional communication skills both oral and written are essential

Self-motivated and results oriented

Strong managerial skills with the ability to work independently and as a team member

Capable of working with internal and external teams and partners

Superior customer service skills

Excellent vendor management skills

Ability to remain positive and calm in times of stress

Ability to successfully engage and manage an assortment of personalities, work and communication styles, and be a preferred business partner to our agency plant

Demonstrated ability to meet deadlines, determine priorities and adapt to changing priorities as needed