Sr. Technology Underwriter

Berkley

  • Minneapolis, Minnesota
  • 7 days ago

    Highlights

    Additional Requirements: Important Outside Agency Notice: Only solicited resumes/candidate profiles that are submitted by a Berkley Preferred Agency Partner that have been requested by Berkley Internal Recruiting to engage in a particular search will be subject to the payment of Agency fees as defined in the formal agency agreement. The role evaluates renewal risk, coverage, terms and pricing; delivers timely quote-to-bind service; and partners with producers, Production Underwriters, Underwriting Services, Operations, Claims and Risk Control to support profitable retention and consistent customer service.

    Numbers & Facts

    LocationMinneapolis, Minnesota

    Description

    Company Details:

    Berkley Tech Und_Logo

     

    We're a member company of W. R. Berkley Corporation, an A. M. Best A+ rated Fortune 500 holding company. Berkley is comprised of individual operating units that serve a defined insurance market segment. BTU A global insurance provider, offering property, casualty, professional and cyber insurance coverage for technology firms and businesses with technology exposure.

    Responsibilities:

    This role manages and retains an assigned book of Technology Middle Market renewal business. The role evaluates renewal risk, coverage, terms and pricing; delivers timely quote-to-bind service; and partners with producers, Production Underwriters, Underwriting Services, Operations, Claims and Risk Control to support profitable retention and consistent customer service. You’ll work with agents/brokers to develop productive and profitable relationships while also ensuring compliance with company underwriting guidelines and insurance regulators.

     

    Responsibilities

    • Manage an assigned book of renewal business and support profitable results through risk selection, pricing, coverage terms and premium retention.
    • Review renewal applications, exposure information and loss history to determine risk acceptability and eligibility.
    • Underwrite within individual authority level; refer accounts that exceed authority or require additional review.
    • Generate renewal quote proposals, negotiate final terms and support binding and policy issuance.
    • Ensure renewals, endorsements and account documentation are processed accurately and on time.
    • Maintain clear underwriting files that document analysis, pricing rationale, terms, conditions and decisions.
    • Partner with producers and internal teams to resolve renewal issues and deliver service commitments.
    • Follow established underwriting guidelines, regulatory requirements and documentation standards.
    • May perform other functions as assigned.
    Qualifications:
    • 3+ years of commercial underwriting or commercial underwriting support experience.
    • Knowledge of commercial lines underwriting standards and practices, rating and pricing methods, coverage forms and documentation requirements.
    • Strong analytical, decision-making and negotiation skills.
    • Strong customer service, interpersonal, written and verbal communication skills.
    • Ability to work independently and collaboratively across underwriting, operations, claims and risk control.
    • Proficiency with Microsoft Office and relevant underwriting systems.
    • Valid driver’s license and ability to maintain required vehicle insurance coverage.

    Education 

    • Four-year college degree or equivalent experience.
    Additional Requirements: Important Outside Agency Notice: Only solicited resumes/candidate profiles that are submitted by a Berkley Preferred Agency Partner that have been requested by Berkley Internal Recruiting to engage in a particular search will be subject to the payment of Agency fees as defined in the formal agency agreement. Any unsolicited resumes/candidate profiles are not subject to payment of the agency fees. The company offers a competitive compensation plan and robust benefits package for full time regular employees including: • Base Salary Range: $90k - $120k • Eligible to participate in annual discretionary bonus • Benefits include: Health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plans 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

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