Senior Underwriter, Financial Institutions

Senior Underwriter, Financial Institutions

Join to apply for the Senior Underwriter, Financial Institutions role at Berkshire Hathaway Specialty Insurance

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Senior Underwriter, Financial Institutions

2 weeks ago Be among the first 25 applicants

Join to apply for the Senior Underwriter, Financial Institutions role at Berkshire Hathaway Specialty Insurance

Berkshire Hathaway Specialty Insurance provided pay range

This range is provided by Berkshire Hathaway Specialty Insurance. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$100,000.00/yr - $150,000.00/yr

Who are we?
A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.
We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized. Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?
Learn more about our unique culture and history .
Job Opportunity
Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity in our Executive and Professional Liability division for a Senior Underwriter to join the Financial Institutions (FI) team based in our Chicago office.
In this role you will focus on developing broker relationships, prequalifying new business opportunities, managing existing portfolio of business, and growing a book of business in our Central and West regions. The Underwriter will be actively involved with Management in the building of the platform and product offering.
You will handle day-to-day responsibilities as an FI Underwriter. Tasks will include marketing to distribution channels, utilize underwriting acumen to select sound underwriting risks and form opinion of risk. Expand and develop new business opportunities through production & marketing calls with brokers and clients.
We are a team of highly experienced people who knows and values the insurance business and are committed to it. We are integrated and focused on efficiency and responsiveness. Leveraging our collective strengths, we focus on outstanding service by hiring the right people. We invite you to apply if you are interested and would like to learn more about the opportunity!
Duties & Responsibilities

• Manage and build upon a book of business that is consistent with the team’s strategic focus.
• Expand on broker and customer relationships.
• Underwrite to complex and challenging risks while developing creative solutions for our partners without sacrificing discipline, diligence, or portfolio strength.
• Effectively communicate BHSI’s value proposition to brokers and customers
• Collaborate with teammates across all product lines, help create a positive experience for our customers
  

Qualifications, Skills And Experience

• 3 to 7 years of experience underwriting or broking financial lines for public companies, private or non-profit entities, or financial institutions
• Demonstrated understanding of financial analysis and financial markets
• Foundational to high level of understanding of policy forms and coverage types including: Directors and Officers Liability, Errors and Omissions, Employment Practices Liability, Fiduciary Liability and Fidelity.
• Excellent communication and negotiation skills
  

BHSI Offers

• A competitive package and exciting growth opportunities for career-oriented teammates.
• A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and our other stakeholders.
• A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.
• Benefits that support your life and well-being, which include:
• Comprehensive Health, Dental and Vision benefits.
• Disability Insurance (both short-term and long-term).
• Life Insurance (for you and your family).
• Accidental Death & Dismemberment Insurance (for you and your family).
• Flexible Spending Accounts.
• Health Reimbursement Account.
• Employee Assistance Program.
• Retirement Savings 401(k) Plan with Company Match.
• Generous holiday and Paid Time Off.
• Tuition Reimbursement.
• Paid Parental Leave.
  

The base salary range for this position is from $100K - 150K along with annual bonus eligibility; a candidate’s salary is determined by their relevant skills and experience. We value our teammates – both their capabilities and character – as demonstrated by our amazing culture.
NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Insurance

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