Technology Underwriter

Company Details:

 

We're a member company of W. R. Berkley Corporation, an A. M. Best A+ rated Fortune 500 holding company. Berkley is comprised of individual operating units that serve a defined insurance market segment. BTU A global insurance provider, offering property, casualty, professional and cyber insurance coverage for technology firms and businesses with technology exposure.

Responsibilities:

This role manages and retains an assigned book of Technology Middle Market renewal business. The role evaluates renewal risk, coverage, terms and pricing; delivers timely quote-to-bind service; and partners with producers, Production Underwriters, Underwriting Services, Operations, Claims and Risk Control to support profitable retention and consistent customer service. You’ll work with agents/brokers to develop productive and profitable relationships while also ensuring compliance with company underwriting guidelines and insurance regulators.

 

Responsibilities

• Manage an assigned book of renewal business and support profitable results through risk selection, pricing, coverage terms and premium retention.
• Review renewal applications, exposure information and loss history to determine risk acceptability and eligibility.
• Underwrite within individual authority level; refer accounts that exceed authority or require additional review.
• Generate renewal quote proposals, negotiate final terms and support binding and policy issuance.
• Ensure renewals, endorsements and account documentation are processed accurately and on time.
• Maintain clear underwriting files that document analysis, pricing rationale, terms, conditions and decisions.
• Partner with producers and internal teams to resolve renewal issues and deliver service commitments.
• Follow established underwriting guidelines, regulatory requirements and documentation standards.
• May perform other functions as assigned.

Qualifications:

• 3+ years of commercial underwriting or commercial underwriting support experience.
• Knowledge of commercial lines underwriting standards and practices, rating and pricing methods, coverage forms and documentation requirements.
• Strong analytical, decision-making and negotiation skills.
• Strong customer service, interpersonal, written and verbal communication skills.
• Ability to work independently and collaboratively across underwriting, operations, claims and risk control.
• Proficiency with Microsoft Office and relevant underwriting systems.
• Valid driver’s license and ability to maintain required vehicle insurance coverage.

Education 

• Four-year college degree or equivalent experience.

Additional Requirements: Important Outside Agency Notice: Only solicited resumes/candidate profiles that are submitted by a Berkley Preferred Agency Partner that have been requested by Berkley Internal Recruiting to engage in a particular search will be subject to the payment of Agency fees as defined in the formal agency agreement. Any unsolicited resumes/candidate profiles are not subject to payment of the agency fees. The company offers a competitive compensation plan and robust benefits package for full time regular employees including: • Base Salary Range: $75k - $100k • Eligible to participate in annual discretionary bonus • Benefits include: Health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plans 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