Associate Underwriter

Overview

Berkley Aspire is passionate about making excess and surplus lines business easy to transact. We differentiate ourselves by continually innovating to bring market-leading technology and services to our agents and their clients. From direct bill with installments, to not requiring renewal applications for 80% of our small business policies, we focus on making it easy, expeditious, and efficient for agents and consumers.

Berkley Aspire writes from small, minimum premium policies to accounts over six figures. We offer General Liability, Property, Inland Marine and Excess policies through Berkley appointed agencies in 49 states.

Benefits highlights

• Aspire offers Medical, Dental and Vision coverage. Our onsite Scottsdale, AZ Wellness Center and company wide Employee Assistance Program are free to employees and support well-being. Our flexible work schedule with a work-from-home day helps balance work and life.
• Our Health Savings Accounts have automatic company contributions if you sign up, and we offer Flexible Spending Accounts, STD, LTD, life insurance policies, and more. We also offer a 401(k) program, profit-sharing program, and stock purchase plan.
• Competitive paid time off, paid sick time, and 12 weeks of paid parental leave. Paid holidays, a floating holiday, and paid volunteer time.
• Company-sponsored conferences, tuition assistance, and industry-related education and exams. Internal promotional growth opportunities.
• Plum Benefits program provides access to exclusive travel and entertainment discounts.

The Associate Underwriter works within a production underwriting team to produce commercial insurance products for selected retail agency partners. The products provided are Commercial General Liability, Commercial Property, Commercial Inland Marine, and Commercial Follow Form Excess. The Associate Underwriter has a primary responsibility for policy issuance and ensuring that service standards and compliance guidelines are met. The Associate Underwriter will analyze information and have the opportunity to connect with their assigned agency partners.

This role will be located in our Glen Allen, VA office.

Specific Duties

• Under general direction, analyze renewal data, set up pricing using provided renewal pricing tools and issue renewal quotes and/or renewal policies as the guidelines dictate.
• Assist other underwriters on assigned team with handling the issuance of binders, endorsements, cancellations, and reinstatements for assigned agents within the service standard guidelines.
• Ensure underwriting files, service standards and compliance guidelines are adhered to and underwriting authority letter is followed at all times.
• Rapidly evaluate, prioritize, and select most important tasks to handle for the assigned underwriting team. This includes but is not limited to:
• Handling of assigned team’s general email inbox
• Rating multi-location, multi-state accounts as needed for other underwriters on assigned team(s)
• Ordering Loss Control reports from third party vendors when requested
• Enter reinsurance cessions into reinsurance accounting system for payment reconciliation

May perform other functions as assigned.

• Bachelor’s degree and three plus years related insurance experience or equivalent combination of education and experience.
• Minimum of three years of experience and/or training in insurance along with basic knowledge of insurance policy and premium transactions preferred.
• Must have strong customer service background in a professional environment.
• Excess and Surplus Lines background beneficial.
• Must have working knowledge of the rating process, including proper application policy issuance procedures.
• Strong customer focus and the ability to respond with a sense of urgency.
• Entrepreneurial qualities, such as trying innovative solutions, resiliency to change and recognizing what is most important to get done.
• Teamwork, providing and welcoming open, honest, respectful and constructive feedback.
• Ability to work independently and in a team environment.
• Ability to communicate effectively.
• Demonstrated strong written and verbal communication skills.

• Accountability
• Communication
• Customer Focus and Teamwork
• Flexibility
• Innovation and Initiative

We do not accept any unsolicited resumes from external recruiting firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes:

• Benefits:
  Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.
• The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. This role will be eligible to participate in the annual discretionary bonus program.