Employment Professional Liability (EPL), General Risk Management
Verus Underwriting Managers is an Excess and Surplus Lines provider writing business countrywide. Verus Underwriting Managers operates through a group of wholesale producers nationwide. Additionally, our policyholders can be reassured that their insurance investment is sound, as we are backed by the resources of a Fortune 500 company, W. R. Berkley Corporation. Successful candidates will exhibit strategic thinking, creativity, and pragmatic execution to drive results.
Verus underwriters are curious, creative problem solvers who work with our agents to create appropriately priced policies to insure their customers' risks. Successful underwriters are skilled in negotiating and collaborating with our agents to ensure proper risk-selection and pricing, along with leading teams to ensure company goals and objectives are met.
Under broad supervision, the Professional Lines E&O Underwriter is responsible for underwriting risks in a book of business including miscellaneous professional, lawyers, title agents and real estate agents E&S business. The underwriter is expected to work within limited authority on assignments utilizing underwriting policies and guidelines, rating manual rules and insurance laws and regulations as well as company policies and procedures. They are also expected to maintain and develop broker relationships.
Skill and knowledge of broker/agency management and relationship building
Track record of uncovering, researching and putting together new product line opportunities by applying appropriate underwriting strategies and standards to qualify risk acceptability
Ability to work effectively and within an assigned level of underwriting authority
Experience planning, orchestrating, and leading highly effective broker meetings
Negotiates standard coverage issues, closes sale, and gauges customer satisfaction
Ability to meet or exceed designated LOB production metrics
Strong technical knowledge regarding underwriting, coverage and pricing within a particular product line
Proven ability to build and maintain strong productive relationships with individual brokers
Provide timely, courteous and efficient service to all internal and external clients
Ability to identify and call appropriate attention to broker performance issues
Understanding of pricing and risk selection criteria
Perform other duties as assigned
Verus operates in a fast-paced environment that requires the ability to manage multiple, complex assignments and competing priorities. Candidates must be comfortable working in an ambiguous and dynamic environment.
College degree or equivalent work experience with demonstrated involvement in insurance industry education. RPLU designation a plus
A minimum of 3 years’ relevant industry experience required
Working knowledge of and contacts within the wholesale agency distribution system strongly preferred
Resourceful, analytical, with the ability to execute tasks through to resolution
Strong oral/written communication skills with a positive attitude
Detail-oriented with initiative and ability to work in fast-paced team environment
A focus on delivering exceptional customer service
Excellent communication and interpersonal skills
Ability to work independently as well as part of a team
High sense of urgency and need to identify and resolve issues
Computer literate including use of Word, Excel and various project management tools
Ability to travel, as needed
Internal Number: 2021-4615
About Verus Underwriting Managers
Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.
Along the way, we’ve been listed on the New York Stock Exchange, seen our revenue soar well past $7 billion, and become a well-respected Fortune 500 Company.
Today, the Berkley brand comprises 53 Berkley companies worldwide. Still managed by our Executive Chairman, founder and largest shareholder, W. R. Berkley Corporation is well-positioned to respond to opportunities for future growth.
In April 2017, W. R. Berkley Corporation celebrated the 50th anniversary of its founding.