Commercial Property Underwriter at Berkley | City of London, England | Rezi

Commercial Property Underwriter at Berkley

Commercial Property Underwriter

Berkley · City of London, England

1 months ago

Commercial Property Underwriter

Berkley · City of London, England

a month ago
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Responsibilities

  • Contribute to and implement the underwriting strategy within the Underwriting Team.
  • Execute and monitor underwriting activities, maintaining regular contact with the Underwriting Management Team.
  • Execute the International Strategy in liaison with the Head of Commercial Property.
  • Develop and execute strategies to achieve business plan targets for premium, loss, and expense for assigned product lines and territory.
  • Proactively manage renewals, renewal changes, and new business to achieve premium plan.
  • Execute portfolio management strategies to improve loss ratio and achieve plan.
  • Proactively manage direct commissions and expenses to achieve plan.
  • Underwrite and price individual risks, adhering to underwriting guidelines, policies, and procedures.
  • Effectively utilize underwriting tools and thoroughly document underwriting and pricing decisions.
  • Collaborate 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 visitation strategy for assigned products and territory to drive submission flow and improve customer retention.
  • Effectively manage staff using performance objectives, feedback loops, and development plans to develop and retain talent.
  • 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.
  • 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.
  • Strong communication, negotiation, and interpersonal skills.
  • Analytical and problem-solving skills.
  • Ability to multi-task and prioritize conflicting demands/requests within given time constraints.
  • Ability to exercise individual judgment and effectively make sound business decisions.
  • Strong interpersonal skills with a proven ability to communicate effectively with stakeholders at various levels, both verbally and in writing.
  • Outcome focused, self-motivated, flexible, and enthusiastic.
  • Ability to work within and promote a diverse and inclusive culture.

Skills

  • Underwriting knowledge
  • Commercial knowledge
  • Financial knowledge
  • Insurance regulatory environment knowledge
  • Communication skills
  • Negotiation skills
  • Interpersonal skills
  • Analytical skills
  • Problem-solving skills
  • Multi-tasking
  • Prioritization
  • Judgment
  • Business decision-making
  • Stakeholder communication
  • Outcome focus
  • Self-motivation
  • Flexibility
  • Enthusiasm
  • Diversity and inclusion promotion

Experience Level

  • Extensive underwriting experience