Job Description

Company Details

Berkley Specialty Excess (BSE) was founded in 2023 as a member company of W.R. Berkley Corporation. Berkley Specialty Excess is an excess and surplus lines commercial insurance carrier. Berkley Specialty Excess provides excess and surplus lines coverages for mid-market companies with hard–to place, specialized risks including, environmental (excess and primary), excess energy and excess general casualty. These risks involve moderate to high degrees of hazard and require highly negotiated terms to meet buyer's needs. The distribution of products is limited to industry specialized brokers, wholesale for all products and large retail brokers for environmental and energy products.

Company URL: https://www.berkleyse.com/

The company is an equal opportunity employer.

Responsibilities

The AVP, Excess Energy Underwriting will focus on assisting with the development and implementation of a newly formed business for W.R. Berkley. Candidate will play a key role in the strategic direction of the underwriting platform, business development and marketing strategies for the unit’s book of business, managing to produce and retain key accounts, and maintaining an acceptable profit by keeping abreast of market trends. In addition, this role will provide a key supporting role in the development of products, processes, guidelines, and the underwriting audit process.

• Responsible for the overall management, business development, analysis and monitoring of an excess energy book of business.
• Production and underwriting of new and renewal accounts.
• Development and management of business and broker/agent relationships.
• Ensure compliance with underwriting documentation rules and guidelines.
• Maintains an acceptable underwriting profit.
• Adherence to Berkley Specialty Excess underwriting guidelines and referral compliance.
• Participates in internal company training and continuing education.
• Remains current on new product opportunities as it pertains to market trends, appetite, and risk.
• Stays abreast and knowledgeable on market trends in terms of forms, coverage, and appetite to maintain competitiveness.
• Leverage skills and expertise outside of desk responsibilities, including participation in marketing/public speaking events.

Additional Responsibilities include:

• Provide support to the underwriting audit process.
• Support the drafting of policy language and coordinate with Claims and Legal to finalize wording.
• Act as a role model promoting company brand and culture.
• Assist with special projects and tasks, as directed by the President.

Qualifications

• Minimum of 10 years of commercial insurance underwriting experience, preferably in E&S markets.
• Technical knowledge of general casualty lines of coverage, other lines of experience a plus.
• Experience with excess energy contractual wording, rating methodologies, financial analysis, and policy structure
• Research and project management experience.

Education Requirements

• Bachelor’s Degree or equivalent insurance experience required.

Additional Company Details

We do not accept any unsolicited resumes from external recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees. 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