About the Role
Manage and grow a Northern California Territory book of business, focusing on acquiring new middle-market technology insurance customers. Analyze customer information, monitor risks, and determine policy terms and pricing to achieve profit objectives. Develop agent/broker relationships while ensuring compliance with guidelines.
Responsibilities
- Manage and grow a Northern California Territory book of business
- Acquire new business with a focus on Technology Middle Market insurance customers
- Analyze customers' business information and claims history
- Monitor clients’ activities to change policies as risks evolve
- Evaluate acceptability of individual risks and determine overall acceptability of risk, coverage terms and pricing
- Achieve company profit objectives
- Work with agents/brokers to develop productive and profitable relationships
- Ensure compliance with company underwriting guidelines and insurance regulators
- Maintain high premium retention ratios
- Manage accounts for assigned territory
- Handle new and renewal submissions and endorsement requests from agents/ producers
- Document underwriting files to support analysis, coverage terms and pricing
- Operate according to underwriting authority as delegated by manager
- Lead renewal business initiatives for territory including execution of pricing, premium retention, coverage analysis, loss control needs, claim service needs and account stewardship
- Provide clear instruction and guidance to underwriting support staff and operations staff
- Learn and develop sales and marketing skills and strategies to meet financial goals
- Follow established pricing, underwriting and documentation protocol
- Mentor and coach junior underwriters and underwriting support staff
- Perform other functions as assigned
Requirements
- 3 to 5 years of experience in commercial underwriting
- Knowledge of commercial lines underwriting standards and practices
- Knowledge of rating/pricing methods
- Knowledge of interpreting coverage forms
- Negotiation skills
- Experience selling and/or marketing insurance products & services
- Strong customer service skills
- Strong oral and written communication skills
- Strong analytical and decision-making skills
- Ability to work independently as well as in a team environment
- Strong interpersonal skills
- Presentation skills
- Excellent PC skills and a working knowledge of Windows environment
- A valid driver’s license and carry vehicle insurance coverage
- Willing and able to travel throughout the territory as needed
Skills
- Commercial underwriting
- Commercial lines underwriting standards and practices
- Rating/pricing methods
- Coverage forms interpretation
- Negotiation
- Sales and marketing of insurance products & services
- Customer service
- Oral communication
- Written communication
- Analytical skills
- Decision-making
- Independent work
- Teamwork
- Interpersonal skills
- Presentation skills
- PC skills
- Windows environment
Location
- Northern California Territory
- Remote (for highly qualified candidates with established relationships)
Work Type
- Full-time
- Travel: 25%-50%
Experience Level
- 3 to 5 years
Education Level
- Four-year college degree or equivalent experience
Salary/Compensations
- $120k-$150k
Benefits
- Eligible to participate in annual discretionary bonus
- Health
- Dental
- Vision
- Life
- Disability
- Wellness
- Paid time off
- 401(k)
- Profit-sharing plans
About the Company
- Berkley Technology Underwriters is a global insurance provider offering property, casualty, professional and cyber insurance coverage for technology companies.
- Company URL: https://www.berkley-tech.com/
Equal Opportunity
- We do not accept unsolicited resumes from third party recruiting agencies or firms.
