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Executive Underwriter

Company: W. R. Berkley Corporation
Location: Scottsdale
Posted on: September 15, 2020

Job Description:

Executive Underwriter

Location Name AZ, Scottsdale - 7233 E Butherus Drive

ID

2020-4184

Date Posted

23 hours ago(9/10/2020 9:07 AM)

Company

Vela Insurance Services

Primary Location

US-AZ-Scottsdale

Loc2

GA, Atlanta - 2 Ravinia Drive - Suite 1000

Category

Underwriting

Company Details

A constellation in the southern hemisphere, Vela means "sails of a ship" in Latin. In 1996, Vela Insurance Services began operations writing excess and surplus lines casualty business. In the beginning, the primary focus was on construction a nd manufacturing risks but expanded to write a variety of general casualty and professional liability classes. Today, we offer both national service and local knowledge to our exclusive wholesale broker network and the businesses they serve.

Responsibilities

To evaluate (selection and pricing) and maintain (control) risk acceptability and profitability within the company's underwriting guidelines and procedures for commercial risks with a focus on non-admitted General Liability for products and products related risks. Particular focus will be on Manufacturing and Products Liability. Manage and maintain good Wholesale Broker relationships. Meet and maintain the production, profitability, and service standards established for the company.

Responsibilities:

* Adhere to underwriting authority level as per on file with Manager.

* Gather underwriting information to properly evaluate commercial risks for acceptability within company guidelines. Underwrite for profit.

* Meet/Exceed production, profitability, and service targets.

* Ability to research and solve more complicated problems and make decisions.

* Determine final coverages and pricing for commercial risks.

* Review claims and loss information on individual risks. Use this information to identify and re-evaluate accounts and develop strategy for dealing with exposures and frequency issues.

* As a team with the Manager, manage the portfolio profitability and identify favorable and unfavorable classes of business.

* Maintain quality and time standards as established.

* Be informed/knowledgeable of industry issues and activities through formal educational processes to develop underwriting skills.

* Identify and cultivate brokers with new business opportunities.

* Perform other duties as assigned.

Qualifications

* Bachelor's Degree or equivalent industry experience.

* 5-15 years of commercial lines underwriting experience.

* Strong experience in Excess & Surplus Lines and Wholesale Brokerage Distribution. * Bachelor's Degree or equivalent industry experience.

* 5-15 years of commercial lines underwriting experience.

* Strong experience in Excess & Surplus Lines and Wholesale Brokerage Distribution.

Keywords: W. R. Berkley Corporation, Scottsdale , Executive Underwriter, Other , Scottsdale, Arizona

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