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Acadia Insurance (a Berkley Company) · 1 month ago

Senior Renewal Underwriter

US-OH-West Chester

Full-time

Hybrid

Senior Level

5+ years exp

Berkley Aspire is focused on simplifying excess and surplus lines business through innovation and technology. The Senior Renewal Underwriter will underwrite and maintain a renewal portfolio, manage post-issuance transactions, and ensure profitability in line with company standards.

Commercial InsuranceInsurance

No H1B

Responsibilities

Responsible for monitoring renewal production, profitability, and maintaining agency relationships

Utilize underwriting expertise and authority guidelines to independently make decisions within granted letter of authority on renewal accounts. Establishes terms and pricing to be provided. Negotiates terms with retail agents

Review and underwrite fast track renewals based upon authority granted and provides guidance as needed to associate underwriting team

Makes sounds risk and pricing decisions that achieve profitable loss ratios

Maintain underwriting quality score of 90% or greater. Document underwriting file to support acceptability and pricing in accordance with company guidelines

Achieve designated customer service standards

Provide detailed guidance to associate underwriting team to ensure policy is delivered constant with quoted terms and conditions in accordance with established guidelines relative to policy construction

Review all post transaction requests for acceptability up to the authority granted

Review inspections to confirm accounts written are consistent with preliminary underwriting information and take action needed based on found information

Utilize various underwiring tools to determine acceptable risk characteristics accurate classifications, insurance to value, calculate rates, etc.)

Review policy audits and refer to leadership as needed

Assist with training, mentoring and coaching of less experienced team members on the underwriting floor

Proficient coverage knowledge in Commercial General Liability, Commercial Property and Commercial Excess Liability. Utilize coverage understanding to assess potential exposure and make judgements regarding appropriate form attachment and fill-in form verbiage on renewal accounts

Ability to take on special projects as needed to advance underwriting knowledge across underwriting departments

Consults with new business departments on territorial expertise regarding market conditions, trends and state-specific nuances that may impact underwriting decision to territory teams

Effectively communicates (written/verbal) information to both internal and external customers to ensure our standards of excellence are maintained

Qualification

Commercial Lines ExperienceExcessSurplus LinesUnderwriting ExpertiseAdvanced Insurance CourseworkWindows Environment ProficiencyInformal LeadershipCoachingCommunication SkillsMentoring

Required

Bachelor's degree

Minimum of 5 years of commercial lines experience

Ability to exhibit informal leadership across team

Basic knowledge of computer programs in a Windows environment, including Word, Excel, Outlook, etc

Proficient coverage knowledge in Commercial General Liability, Commercial Property and Commercial Excess Liability

Effectively communicates (written/verbal) information to both internal and external customers to ensure our standards of excellence are maintained

Preferred

Excess and Surplus lines experience

Advanced professional insurance coursework completion of other insurance related classes is a benefit

Prior experience working in a paperless environment, including familiarity with online underwriting tools is preferred. (SAGE, Silver Plume, Reference connect, etc.)