Associate Underwriter I - Jersey City, United States - Berkley

Berkley
Berkley
Verified Company
Jersey City, United States

14 hours ago

Mark Lane

Posted by:

Mark Lane

beBee recruiter


Description

Company Details:
W.R. Berkley Corporation, founded in 1967, is one of the nation's premier commercial lines property casualty insurance providers. Founded in 2004, Berkley Environmental has underwriting and account executive units in seven regions.

Berkley Environmental offers an array of coverages for virtually all classes traditionally known to have environmental liability exposures on both an admitted and non-admitted basis.

We provide a comprehensive portfolio of commercial property casualty insurance, automobile liability and workers' compensation, along with claim services, providing expertise to meet the unique business needs of our customers.

The company is an equal opportunity employer.


Responsibilities:


  • The associate program is a 12month program.
  • The expectation upon successful completion of the program is to be assigned as an entry level underwriter or entry level claims adjuster.
  • Open to all office locations for underwriting (Boston, Jersey City, Philadelphia, Dallas, Chicago, Walnut Creek & Los Angles) and NJ or Texas for claims
  • Each Associate will complete a rotation in our Underwriting and Claims Department with exposure to our other teams including Finance, Premium Audit, Sales and Marketing, among others.
  • Associates works under direct supervision. As an associate, you will participate in a training program that will combine coursework and onthe
- job training.

  • Associates will actively learn about property, casualty and environmental products, underwriting and claims philosophies, strategies, processes and procedures
  • Associates will establish relationships within the Company and industry and develop entry level sales and marketing skills.

All trainees will:

  • Obtain a thorough understanding of the insurance industry
  • Learn the property, casualty and environmental products underwritten by Berkley Environmental
  • Learn the workflows, guidelines and processing steps within the business units
  • Learn to interact and collaborate with colleagues within the business units

Our Underwriting Associates will:

  • Learn to underwrite Berkley Environmental products (risk assessment, regulatory compliance, financial analysis and develop decision making skills)
  • Assist in underwriting and pricing accounts in accordance with business strategies. Formulate and communicate recommendations based on learned underwriting skills
  • Learn how to perform a financial analysis on the audited/reviewed financials or other financial information of insures using appropriate tools
  • Underwrite endorsement requests from brokers and forward to the underwriting assistant to issue
  • Develop marketing skills with our agents, brokers and clients
  • Complete INS21, INS 22, & INS 23 courses

Qualifications:

  • Work for Berkley Environmental in their current position for a minimum of 6 months
  • College degree or equivalent
  • Demonstrated an interest in either claims and/or underwriting in their prior position
  • If selected during the interview process, the current manager will be consulted prior to program acceptance
  • Exhibit strong oral and written communication skills
  • Demonstrated an ability to learn on multiple technology platforms
  • Be Detail oriented
  • Demonstrate excellence in Customer Service
  • Capable of working in a "paperless" work environment
  • Exhibit an ability to work independently & collaboratively, while handling multiple tasks in a dynamic fast paced environment
  • Be selfreliant & motivated
Education Requirement

  • Bachelor's degree or higher (Prefer in Risk Management, Business, Finance or Environmental Sciences)

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