Underwriter - BDP Location Name NY, Albany - 30 South Pearl Street ID 2024-10661 Date Posted 6 hours ago(5/29/2024 6:22 PM) Company Berkley Design Professional Underwriters Primary Location US-NY-Albany Category Underwriting Company Details

 

At Berkley Alliance Managers, we offer innovative coverage and risk management solutions for our brokers and policyholders. We have a passion for offering fresh ideas and relevant insurance products and services. Our business consists of four target markets – Design Professionals, Construction Professionals, Accounting Professionals and Miscellaneous Service Professionals. Our focus allows us to tailor coverage and create comprehensive risk management programs that enhance profitability and reduce susceptibility to loss.

 

Company URL:     https://www.berkleyalliance.com  

                                  

The company is an equal opportunity employer.

Responsibilities

The Underwriter will apply knowledge about the risk factors that drive exposure for Architects & Engineers professional liability coverage.  The Underwriter will apply the key decision-making elements of professional liability underwriting within their authority grant in order to appropriately structure coverage and quotations, while also identifying factors that will lead to a declination.  This position will interface daily with our distribution partners by phone, email and in person. Finally, the Underwriter will be utilizing our policy management system in order to access our data platform for rating, quotation, binding, issuing and policy servicing.

 

Key Functions will include but not be limited to:

Review of applications and making determinations of acceptability for coverage.Input on data into policy and quote management system (Phoenix II.)Analysis of claims data for decision making and for rating input.Utilization of Odyssey Claims Management system for claims analysis.Preparation of quotations for risks that fall within authority grant.Preparation and communication of referrals for risks that exceed authority grant.Communication of terms and declinations to brokers.Selection and production of endorsements and customization of insurance coverage.Utilization of MS Word, Excel, PowerPoint and Outlook.Communication by phone and email with company personnel and brokers Qualifications Associates or Bachelor’s Degree preferredPrior insurance experience preferredPrior completion of insurance coursework or licensing preferredStrong analytical skills.Strong communication skills, both written and oral.Some prior marketing or sales skills preferred.Familiarization with MS Work, Excel, PowerPoint and Outlook.Ability to acquire and apply technical information in decision making.Prior experience in the insurance industry preferred.Individual should be self-motivated and goal oriented.Occasional Travel required Additional Company Details We do not accept any unsolicited resumes from external recruiting agencies or firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role include:
• Base Salary Range: $67,000 – $125,000
• Eligible to participate in annual discretionary bonus.
• Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.
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