Senior Underwriter - Professional Indemnity at Berkley | City of London, England, GB | Rezi

Senior Underwriter - Professional Indemnity at Berkley

Senior Underwriter - Professional Indemnity

Berkley · City of London, England, GB

1 months ago

Senior Underwriter - Professional Indemnity

Berkley · City of London, England, GB

a month ago
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About the Role

This role is for a Senior Underwriter within the London Market Professional Indemnity Team, focusing geographically on the US. The position requires strong product knowledge and market relationships to support the creation and execution of business strategy. It involves delivering lead market underwriting activities and collaborating across Berkley business units in London and the US.

Responsibilities

  • Support the creation and execution of business strategy within the underwriting team.
  • Deliver lead market underwriting activities to high standards in a dynamic environment.
  • Collaborate across Berkley business units in London and the US.
  • Develop and execute strategy to achieve the business plan from a premium, loss, and expense perspective for assigned product lines and territory.
  • Proactively manage renewals, renewal change, and new business to achieve premium plan.
  • Execute portfolio management strategies to drive a better loss ratio and achieve plan.
  • Proactively manage direct commissions and direct expenses to achieve plan.
  • Underwrite and price individual risks following underwriting guidelines, policies, and procedures.
  • Effectively utilize underwriting tools and thoroughly document underwriting and pricing decisions.
  • Work collaboratively with support areas to meet service standards.
  • Proactively manage distribution partners in collaboration with Underwriting Leadership.
  • Act as broker liaison for assigned products.
  • Develop and execute a customer (broker and insured) visitation strategy for assigned products and territory to drive submission flow and improve customer retention.
  • Effectively manage staff through performance objectives, feedback loops, and development plans.
  • Act as product line expert for area of expertise.
  • Organize and provide technical training to junior personnel.
  • Promote a diverse and inclusive culture.
  • Act as an effective role model for others.
  • Perform training within agreed timeframes.

Requirements

  • Extensive underwriting experience and knowledge in the Class of Business.
  • Sound commercial and financial knowledge.
  • Knowledge of the insurance regulatory environment.

Skills

  • Strong product knowledge.
  • Strong market relationships.
  • Strong communication skills.
  • Negotiation skills.
  • Interpersonal skills.
  • Analytical skills.
  • Problem-solving skills.
  • Ability to multi-task.
  • Ability to prioritize conflicting demands/requests within given time constraints.
  • Ability to exercise individual judgment.
  • Ability to make sound business decisions.
  • Proven ability to communicate effectively with stakeholders at various levels, both verbally and in writing.
  • Outcome focused.
  • Self-motivated.
  • Flexible.
  • Enthusiastic.
  • Ability to work within and promote a diverse and inclusive culture.

Location

  • London Market
  • US

Experience Level

  • Extensive underwriting experience

About the Company

  • Berkley business units

Equal Opportunity

  • Promotes a diverse and inclusive culture.