Berkley Industrial Comp provides best in class workers’ compensation insurance solutions to high hazard industries. BIN’s mission is to provide an unparalleled customer experience within the high hazard workers’ compensation market. BIN achieves its mission by focusing on the following core values:
Integrity – character without compromiseAgility – flexible and collaborativeExpertise – knowledge and skillIngenuity – solution and future focusedTenacity – responsiveness with a high degree of determinationCompany URL: www.berkindcomp.com
The company is an equal opportunity employer.
ResponsibilitiesThis role is critical to Berkley Industrial Comp’s (BIN) underwriting department. The Associate Underwriter will assist underwriters with reviewing, documenting and preparing renewal files and quotes. The Associate Underwriter will work with the underwriting team to successfully renew business and help meet our retention goals. The role requires individuals to be a team player and work in conjunction with our underwriting department to review, quote, issue and retain business. The Associate Underwriter will learn all facets of the underwriting job and be trained to be an Underwriter. This position will be granted underwriting authority under a defined parameter and may work within their underwriting ream to quote and bind business.
The Associate Underwriter will work, as needed, to support the Business Engagement Department, as business needs arise. Time spent between Underwriting and Business Engagement will fluctuate month to moth and as such, the Associate Underwriter must possess a positive attitude to help whenever and wherever is needed. The Associate Underwriter will report to the Director of Underwriting; however, both the Business Operations Manager and the Director of Underwriting may assign tasks as needed.
Key functions include but are not limited to:
Within a defined set of parameters:Identify monthly renewals and proactively work with underwriters to prepare renewal quotesWhere appropriate, prepare BRAT models for renewal quotesOther tasks, projects and initiatives set forth by the Director of UnderwritingReview, quote and bind renewal businessPrepare pertinent renewal information to include Experian data, SAFER data, OSHA data, claims data, RAMP data, and pricing dataUnderwriting authority for small policies between $10k-25k on renewal business with oversight from the Underwriter in which the Associate Underwriter will work withPrepare HAMOGRAK documentation form for renewal filesPrepare BRAT loss modelingCollaborate with BIN’s UW team to propose renewal pricing quotesOther underwriting tasks and projects as neededAssist as needed with Business Engagement tasks as workloads requireCommunicate with the Business Operations Manager and Business Engagement team members to ensure excellent customer service is maintainedConduct risk exposure research relating to submissionsMaintain a strong industry knowledge on Workers Compensation line of businessLearn to leverage worker's compensation underwriting expertise to assess risks to underwrite policiesQualifications Bachelor’s degree preferred; comparable work experience can be substitutedCustomer service experience preferredStrong analytical skillsStrong organizational skillsAbility to manage multiple work projects simultaneouslyAbility to manage change with a positive attitudeExcellent critical thinking skill setProficient with MS Office products (Word, Excel, Power BI)Proficient with BIN rating platforms and systemsAbility to adapt to unfamiliar situationsDemonstrate strong attention to detailPositive “find a way” attitude to multi-taskAbility to work with a team with one unified goal Additional Company Details We do not accept any unsolicited resumes from external recruiting agencies or firms.
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. Sponsorship Details Sponsorship not Offered for this Role Connect With Us! Not ready to apply? Connect with us for general consideration.