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.
The company is an equal employment opportunity employer.
Responsibilities
We have an opportunity for a Sr. Underwriting Analyst to join our team! You will be responsible for setting up new and renewal prospects for the Captive Underwriters, as well as performing all other necessary functions required to pre-underwrite the prospect and/or renewal. You will also support training and mentoring of new, entry-level underwriting assistants and analysts.
We have a welcoming culture valuing our employees – we trademarked the phrase Everything Counts, Everyone Matters® to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important and every accomplishment makes a difference in our results. Come join us!
Key functions include but are not limited to:
Review RFP’s and underwriting files to ensure the data is complete and accurate and initiate communication with external parties, including TPAs and brokers, to request any missing documentationMaintain familiarity with reporting capabilities of TPAs and other administrators in order to alert underwriters of any gaps in data or lags in reportingInput employer stop loss characteristics such as benefits, census, large claim information and aggregate claim assessment into David Young systemInterpret aggregate claim data for input into our rating system, utilizing proper underwriting protocol During claim input, initiate screening of potential claimants of concern to present to the Underwriter, using knowledge of trigger diagnosis codes and clinical referral guidelinesMaintain quote contingencies and qualifications, TPA’s and PPO networks, as well as ensuring that all plan amendments are correct and up to datePrepare and distribute renewal letter notificationsParticipate in Captive renewal calls and biweekly Underwriting meetingsMaintain renewal spreadsheet for assigned Underwriters Qualifications College Degree or equivalent experience4+ years working in a stop loss environmentKnowledge of Stop Loss market and associated termsExperience and knowledge of Connexure System (ESL Office)Comprehensive knowledge of available employer Stop Loss products, including contract terms and RFP data interpretationProven track record of developing, and managing a profitable block of businessStrong mathematical backgroundAbility to handle large volume of work efficiently and correctly with limited errorsExcellent communication skills with internal and external customersAbility to be productive independently, yet work in a team environmentStrong organizational, planning, and time management skillsCreativity and problem solving skills a plus. Additional Company Details 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.
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. Sponsorship Details Sponsorship not Offered for this Role Connect With Us! Not ready to apply? Connect with us for general consideration.