Acadia Insurance (a Berkley Company) · 1 day ago
Casualty Underwriter - Small Business Accounts
VA, Glen Allen - 4820 Lake Brook - Suite 200
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. They are seeking a Casualty Underwriter to manage underwriting risks for Small Business accounts, develop broker relationships, and ensure compliance with insurance regulations.
Commercial InsuranceInsurance
No H1B
Responsibilities
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
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
College degree or equivalent work experience with demonstrated involvement in insurance industry education
CPCU designation a plus
A minimum of 3 years' relevant industry experience
Working knowledge of and contacts within the wholesale agency distribution system strongly preferred
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
Benefits
Competitive compensation plan
Robust benefits package for full time regular employees
Company
Acadia Insurance (a Berkley Company)
Acadia Insurance specializes in commercial property casualty insurance. Our company began in 1992 insuring businesses in Maine.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Simone Grimes, CPA, MBA
Chief Financial Officer
Steve Rich, CPCU
Senior Vice President & Chief Claims Officer
Recent News
2024-03-06
Coverager - Insurance news and insights
2022-06-28
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