Renewal Underwriter - Professional Liability jobs in United States
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Vela Insurance Services (a Berkley Company) · 11 hours ago

Renewal Underwriter - Professional Liability

Vela Insurance Services is a provider of specialized Excess and Surplus Lines Casualty and Professional Liability insurance solutions. The Renewal Underwriter plays a critical role in retaining profitable business, evaluating renewal submissions, negotiating terms, and ensuring underwriting integrity and profitability.

Commercial InsuranceConsultingInsurance
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Responsibilities

Manage the renewal process for assigned accounts, ensuring timely and accurate underwriting decisions
Analyze account performance and market conditions to determine appropriate pricing and terms
Collaborate closely with Broker Specialists to support broker relationships and ensure a unified team approach
Maintain underwriting discipline while balancing retention and profitability goals
Communicate effectively with brokers regarding renewal terms, changes, and underwriting rationale
Monitor rate adequacy and contribute to portfolio management strategies
Provide input on underwriting guidelines and product enhancements based on renewal trends
Maintain accurate records and documentation in underwriting systems
Some travel for key in-person meetings, client meetings and industry events
Regular and predictable attendance
Other duties as assigned

Qualification

E&S insurance experienceUnderwriting systems proficiencyAnalytical skillsNegotiation skillsMicrosoft Office SuiteCommunication skillsTeam collaboration

Required

1-2 years' experience in E&S insurance
Strong analytical and problem-solving skills
Effective communication and negotiation skills
Ability to work independently and as part of a collaborative team
Proficiency in underwriting systems and Microsoft Office Suite
Travel required for in-person meetings, client meeting and industry events

Preferred

Bachelor's degree in Business, Insurance, Risk Management, or related field

Company

Vela Insurance Services (a Berkley Company)

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Vela Insurance Services, a Berkley Company, is a leading insurance provider that specializes in excess and surplus lines business in Vela’s three market segments: Construction, Specialty Casualty, and Professional Liability.

Funding

Current Stage
Growth Stage

Leadership Team

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Arthur Davis
Chairman, Vela Insurance Services
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Shadi Albert
President
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Company data provided by crunchbase