AVP, Underwriting Location Name IL, Chicago - 550 W Jackson Blvd - 3rd Floor ID 2024-11314 Date Posted 1 month ago(10/16/2024 11:26 AM) Company Berkley Product Protection Primary Location US-IL-Chicago Category Underwriting Company Details

Berkley Product Protection (‘BPP’) is an operating unit of W.R. Berkley Corporation, one of America’s largest commercial lines writers in the United States. This is an exciting opportunity to join a recently re-branded Berkley Product Protection team (previously called Berkley Global Product Recall).  The team consists of product recall and liability specialists and is focused on a sustainable recall offering and its expansion into admitted/non-admitted product liability. We are a collaborative, dedicated, knowledgeable teams and offer unique, tailored liability solutions to higher hazard, more difficult to insure, unique and unusual products-oriented accounts.

 

The company is an equal employment opportunity employer.

Responsibilities

This position is a critical member of the underwriting team reporting to the SVP/Chief Underwriting Officer. The primary goal of this position is to profitably grow a book of business by actively partnering with wholesale and retail brokers, while providing them with a stable market and admitted/non-admitted paper for the more difficult to place underwriting risks. This person will develop and maintain agency relationships, and execute underwriting decisions using underwriting rules, designated authority, and collaboration as needed.  

 

This role can be located in our Chicago, Dallas, or Atlanta office on a hybrid schedule. 

Duties and responsibilities include but are not limited to:

Sales and Marketing of General Liability and Excess/Umbrella products to existing and new brokers (with product exposures)Underwrites, structures, and prices profitable general liability and excess/umbrella business. Interfaces with claims, loss control, billing, and audit as necessaryTravels to industry events and broker meetings, as necessaryProactively reviews insurance offerings including wording, proposals and endorsementsActs as a liability resource to BPP teammates and to other functional areas.Keeps current on emerging issues and trends in the liability sphere.

 

#hybrid

#underwriter

#product liablity

#LI-RS1

Qualifications Minimum of 7-10 years commercial liability underwriting experience, with 3-5 years of product exposure underwriting idealExperience with, or strong knowledge of, loss sensitive approaches (deductible and/or SIRs) is preferred.Demonstrated technical underwriting expertise and product specific knowledgeStrong analytical and problem-solving skills in addition to strong interpersonal, communication & negotiation skillsDemonstrated proficiency in sales and marketingStrong written and verbal communication, negotiation and interpersonal skillsExemplifies superior teamwork Ability to travel 15-25%Bachelor's degree Additional Company Details We do not accept any unsolicited resumes from external search firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees.

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. Connect With Us! Not ready to apply? Connect with us for general consideration.