Acadia Insurance (a Berkley Company) · 6 hours ago
Executive Portfolio Underwriter
IL, Chicago - 550 W Jackson Blvd - 5th Floor
Full-time
Onsite
Mid, Senior Level
$97K/yr - $176K/yr
7+ years expBerkley Fire & Marine Underwriters is a W. R. Berkley operating unit offering preferred inland marine and related property risks and services. As an Executive Portfolio Underwriter, you will drive profitable renewal retention while delivering a high degree of customer satisfaction and collaborate with Sales Underwriting partners to execute renewal strategies.
Commercial InsuranceInsurance
No H1B
Responsibilities
Build superior partnerships with agents and brokers through proactive and consultative service on accounts
Analyze renewals, determine acceptability of renewal risk in accordance with Company guidelines and practices in order to make profitable underwriting decisions
Consult and negotiate with agents to package appropriate solutions to meet the needs of the insured while ensuring profitable outcomes for BFM
Collaborate with Sales Underwriters and underwriting teams to maintain a healthy book of business consisting of varied inland marine and property classes, risk size, and complexity
Evaluate underwriting performance based on financial analysis
Prepare reports to management concerning quality, quantity, and profitability of risks renewed and non-renewals
Serve as mentor and consultant to other underwriters in areas of subject matter expertise
Consult with management on risks exceeding authority level or requiring special handling
Qualification
Required
7+ years inland marine insurance underwriting experience preferred
Able to work independently in an entrepreneurial environment
Advanced level knowledge and skills in the following competencies: Underwriting Analysis, Coverage, and Pricing, Underwriting Process and Compliance, Sales Acumen, Distribution Management, Collaboration, Customer Focus, Personal Growth Mindset, Innovative, Critical Thinking, Accountability
Intermediate level knowledge and skills in the following competencies: Coaches & Motivates Others, Drives Productivity & Results, Leads Change, Builds Strategic Relationships, Business Acumen
Basic level knowledge and skills in the following competencies: Strategic Mindset
Preferred
College degree or equivalent job related experience
Demonstrated history of strong customer focus, personal growth and critical thinking
Success coaching and mentoring others
Benefits
Health
Dental
Vision
Life
Disability
Wellness
Paid Time Off
401(k)
Profit-Sharing plans
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
Company data provided by crunchbase