Berkley Aspire (a Berkley Company)
Senior Renewal Underwriter
Berkley Aspire (a Berkley Company), Homewood, Alabama, United States
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. We offer policies across General Liability, Property, Inland Marine and Excess through Berkley appointed agencies in 49 states. We support small businesses with flexible solutions, including direct bill with installments and streamlined renewal processes. Location options: Scottsdale, AZ or Glen Allen, VA offices or neighboring states. Responsibilities
Underwrites and maintains renewal portfolio in assigned book of business, including post-issuance transactions (policy changes, cancels, reinstates, reinsurance, etc.). Underwrites renewal business within authority to maintain profitability according to rate and retention company standards. Monitor renewal production, profitability, and maintain agency relationships. Use underwriting expertise and authority guidelines to independently make decisions within granted authority on renewal accounts; establish terms and pricing and negotiate with retail agents. Review and underwrite fast-track renewals as appropriate and provide guidance to associate underwriting team. Make sound risk and pricing decisions to achieve profitable loss ratios; maintain underwriting quality score of 90% or greater; document files to support acceptability and pricing per guidelines. Meet designated customer service standards and ensure policy delivery aligns with quoted terms and conditions. Provide guidance to associate underwriters to ensure consistent policy construction; review post-transaction requests for acceptability within authority; review inspections for consistency with underwriting information; take action as needed. Utilize underwriting tools to determine acceptable risk characteristics, accurate classifications, insurance-to-value, and rate calculations. Review policy audits and escalate to leadership as needed. Assist with training, mentoring, and coaching of less experienced team members; maintain coverage knowledge in Commercial General Liability, Commercial Property, and Commercial Excess Liability; assess exposure and form attachment recommendations on renewal accounts. Take on special projects to advance underwriting knowledge across departments and consult with new business on market conditions, trends, and state-specific nuances affecting decisions. Communicate effectively (written/verbal) with internal and external customers to maintain standards of excellence. Qualifications
Bachelor’s degree. Advanced professional insurance coursework is a benefit. Minimum of 5 years of commercial lines experience; Excess and Surplus experience preferred. Ability to exhibit informal leadership across the team. Basic knowledge of Windows programs (Word, Excel, Outlook). Experience in a paperless environment and familiarity with online underwriting tools (e.g., SAGE, Silver Plume, Reference Connect) is preferred. Benefits
Medical, Dental and Vision coverage; onsite Wellness Center; Employee Assistance Program; flexible work schedule with a work-from-home day. Company contributions to Health Savings Accounts; FSA, STD, LTD, life insurance; 401(k), profit-sharing, and stock purchase plans. Competitive PTO, sick time, 12 weeks of paid parental leave, paid holidays, floating holiday, and paid volunteer time. Company-sponsored conferences, tuition assistance, industry education and exams; internal promotional growth opportunities. Plum Benefits program with travel and entertainment discounts. Sponsorship Details
Sponsorship not Offered for this Role Seniority level
Associate Employment type
Full-time Job function
Finance and Sales Industries
Financial Services and Insurance
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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. We offer policies across General Liability, Property, Inland Marine and Excess through Berkley appointed agencies in 49 states. We support small businesses with flexible solutions, including direct bill with installments and streamlined renewal processes. Location options: Scottsdale, AZ or Glen Allen, VA offices or neighboring states. Responsibilities
Underwrites and maintains renewal portfolio in assigned book of business, including post-issuance transactions (policy changes, cancels, reinstates, reinsurance, etc.). Underwrites renewal business within authority to maintain profitability according to rate and retention company standards. Monitor renewal production, profitability, and maintain agency relationships. Use underwriting expertise and authority guidelines to independently make decisions within granted authority on renewal accounts; establish terms and pricing and negotiate with retail agents. Review and underwrite fast-track renewals as appropriate and provide guidance to associate underwriting team. Make sound risk and pricing decisions to achieve profitable loss ratios; maintain underwriting quality score of 90% or greater; document files to support acceptability and pricing per guidelines. Meet designated customer service standards and ensure policy delivery aligns with quoted terms and conditions. Provide guidance to associate underwriters to ensure consistent policy construction; review post-transaction requests for acceptability within authority; review inspections for consistency with underwriting information; take action as needed. Utilize underwriting tools to determine acceptable risk characteristics, accurate classifications, insurance-to-value, and rate calculations. Review policy audits and escalate to leadership as needed. Assist with training, mentoring, and coaching of less experienced team members; maintain coverage knowledge in Commercial General Liability, Commercial Property, and Commercial Excess Liability; assess exposure and form attachment recommendations on renewal accounts. Take on special projects to advance underwriting knowledge across departments and consult with new business on market conditions, trends, and state-specific nuances affecting decisions. Communicate effectively (written/verbal) with internal and external customers to maintain standards of excellence. Qualifications
Bachelor’s degree. Advanced professional insurance coursework is a benefit. Minimum of 5 years of commercial lines experience; Excess and Surplus experience preferred. Ability to exhibit informal leadership across the team. Basic knowledge of Windows programs (Word, Excel, Outlook). Experience in a paperless environment and familiarity with online underwriting tools (e.g., SAGE, Silver Plume, Reference Connect) is preferred. Benefits
Medical, Dental and Vision coverage; onsite Wellness Center; Employee Assistance Program; flexible work schedule with a work-from-home day. Company contributions to Health Savings Accounts; FSA, STD, LTD, life insurance; 401(k), profit-sharing, and stock purchase plans. Competitive PTO, sick time, 12 weeks of paid parental leave, paid holidays, floating holiday, and paid volunteer time. Company-sponsored conferences, tuition assistance, industry education and exams; internal promotional growth opportunities. Plum Benefits program with travel and entertainment discounts. Sponsorship Details
Sponsorship not Offered for this Role Seniority level
Associate Employment type
Full-time Job function
Finance and Sales Industries
Financial Services and Insurance
#J-18808-Ljbffr