Senior Stop Loss Underwriter

Join to apply for the Senior Stop Loss Underwriter role at Berkley Accident and Health (a Berkley Company)

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Join to apply for the Senior Stop Loss Underwriter role at Berkley Accident and Health (a Berkley Company)

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Company Details

Company Details

Berkley Accident and Health is a risk management company that designs innovative solutions to address the unique challenges of each client. With our entrepreneurial culture and a strong emphasis on analytics, we can help employers better manage their risk. We offer a broad range of products, including employer stop loss, benefit captives, provider stop loss, HMO reinsurance, and specialty accident. The key to Berkley’s success is our nimble approach to risk – our ability to quickly understand, think through, and devise a plan that addresses each client’s challenges, coupled with the strong backing of a Fortune 500 company.

Our parent company, W. R. Berkley Corporation , is one of the largest and best managed property/casualty insurers in the United States.

This position can either be fully remote (if not within commutable distance to the office) or based in our Hamilton, NJ office which offers a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.

The company is an equal employment opportunity employer.

Responsibilities

As a Senior Stop Loss Underwriter, we'll trust you to seek profitable growth of the company’s portfolio of stop loss business by analyzing and selecting risks based on qualified underwriting criteria that adhere to the company’s established underwriting guidelines. In this position will work cross-functionally with clinical, actuarial, claims and distribution to carry through new and renewal business strategies in a professional and thoughtful manner.

What You Can Expect

• Culture of innovation, teamwork, supportive colleagues and leaders willing to invest in talent
• Internal mobility opportunities
• Visibility to senior leaders and partnership with cross functional teams
• Opportunity to impact change
• Benefits – competitive compensation, paid time off, comprehensive wellness benefits and programs, employer funded health savings account, profit sharing, 401k, paid parental leave, employee stock purchase plan, tuition assistance and professional continuing education

• Write and retain profitable stop loss cases adhering to the company’s guidelines and within assigned letter of authority
• Work collaboratively with clinical underwriting staff to ensure adequate risk premium is established based on known, ongoing claimants
• Develop and maintain successful relationships with target production sources within assigned programs, as well as with BAH Sales and Account Management
• Accurately document underwriting thought process and authority reviews through company journal and filing system

• Bachelor's Degree or equivalent experience
• 5+ years of progressive Stop Loss Underwriting experience or equivalent combination of education and experience
• An understanding of stop loss market dynamics, risk management strategies, and a strong desire to stay ahead of emerging risks in the market
• Confidence and a developed skillset in the areas of math, communication and negotiation
• Strong time management skills and self-discipline to effectively manage a large case load volume during peak production cycles
• Proficiency in Microsoft applications including Word, Excel and Outlook

• Strong consulting and interpersonal skills with an ability to interact with brokers, clients and service vendors
• Excellent relationship management skills to work collaboratively with all operational areas, management and staff to further the company’s mission
• Experience with David Young System (preferred)

• Base Salary Range: $100,000 -…