Acadia Insurance (a Berkley Company) · 1 month ago
Sr. Production Underwriter
United States
Full-time
Remote
Senior Level
$100K/yr - $150K/yr
5+ years expBerkley Luxury Group is an operating unit of W.R. Berkley Corporation, one of America’s largest commercial lines writers. They are seeking a Senior Production Underwriter to profitably grow a book of business by actively partnering with brokers and executing underwriting decisions.
Property & Casualty InsuranceCommercial InsuranceInsurance
No H1B
Responsibilities
Responsible for new and renewal underwriting execution, including selecting risks in line with BLG’s strategy and underwriting guidelines, operating within authority and documentation guidelines, following up on accounts and closing new business
Planning and budgeting for the book of business, tracking and reporting performance to plan, and developing a clear view of market conditions and competitive landscape
Provides guidance and assistance to other underwriters and to other functional areas
Monitors production, hit ratios, renewal retention ratios, spread of risk and other production and quality measures
Keeps current on state/territory issues, regulations and trends
Develop trusted, respected and lasting relationships with agent partners through visitations and regular connections
Accountable for tracking of progress and positioning BLG within an agency
Evaluate the performance of assigned agencies on an ongoing basis to ensure company and agency goals are met. Participates in review and evaluation of agencies and makes recommendations on agency management issues. Communicates corporate goals, programs, underwriting policies, procedures, best practices and guidelines to agents
Prepares quotes and answers questions from agencies, policyholders or other external contacts and escalates issues as necessary. Negotiates with agents to reach positive and profitable outcomes
Deliver exceptional, timely, complete and accurate service
Work with agents to craft best solutions for their clients
Notify brokers of adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations and underwrite empathetically at all times
Qualification
Required
Bachelor's Degree or equivalent job-related experience
Minimum of 5 years underwriting experience
Demonstrated technical underwriting expertise and product specific knowledge (Property, Liability, Auto, and Umbrella)
Strong analytical and problem-solving skills in addition to strong interpersonal, communication & negotiation skills
Demonstrated proficiency in sales and marketing
Solid knowledge of underwriting and insurance industry theories and practices
Strong written and verbal communication, negotiation and interpersonal skills and the ability to effectively interact with all levels of internal and external business partners
Ability to multi-task and to independently prioritize competing demands/requests within given time constraints
Ability to work independently
Ability to exercise independent judgment and effectively make sound business decisions
Proficiency in Microsoft Office Suite
Benefits
Eligible to participate in the annual discretionary bonus program.
Health
Dental
Vision
Life
Disability
Wellness
Paid Time Off
401(k) and 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
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