Senior Underwriter - Berkley
Boston, MA 02110
About the Job
Gemini Transportation Underwriters is a leading provider of excess liability insurance for companies in the transportation industry. We offer excess liability coverage for all types of vehicles and excess liability and railroad protection for freight and passenger railroads and public transit systems.
As part of W. R. Berkley Corporation, one of the nation’s premiere commercial lines property casualty insurance providers, we combine the resources of a Fortune 500 company with the underwriting expertise and personalized service of a specialty carrier.
We are pleased to underwrite and issue policies on behalf of Gemini Insurance Company*, also a W.R. Berkley member company, which carries an A. M. Best Financial Strength Rating of A+ (Superior) and a Financial Size Category of XV.
Company URL: https://www.geminiunderwriters.com/
The company is an equal opportunity employer.
Responsibilities:The Transportation Underwriter will be responsible for evaluating and determining risk acceptability, pricing and coverage for excess liability insurance within company underwriting guidelines and profitability goals. Meet and maintain the production, profitability, and service standards established for the company. Manage and maintain good Wholesale Broker relationships.
Key functions include but are not limited to:
- Review new and renewal commercial insurance risks and determine accurate classification of business, policy contract forms and pricing of risk
- Review operations, exposures and controls, claims and loss information on individual risks. Use this information to evaluate accounts and develop pertinent attachment, limits, pricing and coverage solutions
- Responsible for achieving predetermined premium goals and profitability objectives, effectively executing the company underwriting philosophy and assuring compliance of underwriting best practices
- Assist in developing new products, coverage enhancements, and procedures that drive production and processing efficiency
- Maintain quality and time standards as established
- Cultivate effective broker relationships; conduct broker visits, communicate expectations and make recommendations for proper action(s) when appropriate
- Identify and cultivate brokers with new business opportunities
- Develop presentations to be delivered to the broker, retail agent and/or insured detailing coverages, pricing and services
- Build and maintain productive relationships with internal service teams including Claims, Finance, and Actuarial to develop best practices and deliver world class service both internally and externally
- Maintain current knowledge of the regulatory environment (state/federal rules and regulations) pertaining to the industry; exhibit desire to continue education in the insurance field
- Display positive image in the marketplace with all clients, including broker contacts; maintain positive, professional appearance
- Exhibit high level of technical underwriting expertise, leadership and professionalism
- Bachelor's Degree
- 10 plus years of UW experience in Transportation such as Auto, Truck and/or Big Fleets)
- Proven analytical and problem-solving skills required; detail oriented
- Excellent communication and collaboration skills required
- Strong time management and organizational skills