Executive Underwriter

Overview

Join to apply for the Executive Underwriter role at Vela Insurance Services (a Berkley Company).

The Company is an equal employment opportunity employer.

• Evaluate (selection and pricing) and maintain (control) risk acceptability and profitability within the company’s underwriting guidelines and procedures for commercial risks with a focus on non-admitted General Liability for products and products related risks, with particular focus on Manufacturing and Products Liability.
• Manage and maintain good Wholesale Broker relationships.
• Meet and maintain the production, profitability, and service standards established for the company.
• Assist in building appetite and risk selection guidelines for new classes of business to be added according to market place changes and opportunities.
• Adhere to underwriting authority level as per on file with Manager.
• Gather underwriting information to properly evaluate commercial risks for acceptability within company guidelines. Underwrite for profit.
• Meet/Exceed production, profitability, and service targets.
• Research and solve more complicated problems and make decisions.
• Determine final coverages and pricing for commercial risks.
• Review claims and loss information on individual risks to identify and re-evaluate accounts and develop strategy for dealing with exposures and frequency issues.
• Maintain quality and time standards as established.
• Be informed/knowledgeable of industry issues and activities through formal educational processes to develop underwriting skills.
• Identify and cultivate brokers with new business opportunities.
• Perform other duties as assigned.

• Four (4) year College Degree, or commensurate experience and training
• Preferred industry designations such as CPCU, ASLI, ARM, etc.
• Minimum of 10 years’ commercial lines underwriting experience
• Strong experience in Excess & Surplus Lines and Wholesale Brokerage Distribution
• Strong sales acumen and drive

Sponsorship not Offered for this Role