Underwriter Associate - Township of Hamilton, United States - Berkley

Berkley

Verified Company

Township of Hamilton, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Company Details:

Berkley Accident and Health is a risk management company that designs innovative solutions to address the unique challenges of each client.

With our entrepreneurial culture and a strong emphasis on analytics, we can help employers better manage their risk.

We offer a broad range of products, including employer stop loss, benefit captives, provider stop loss, HMO reinsurance, and specialty accident.

The key to Berkley's success is our nimble approach to risk - our ability to quickly understand, think through, and devise a plan that addresses each client's challenges, coupled with the strong backing of a Fortune 500 company.

Our parent company, W. R. Berkley Corporation, is one of the largest and best managed property/casualty insurers in the United States.

The company is an equal employment opportunity employer.

Responsibilities:

We have an opportunity for an
Underwriting Associate join our Berkley Accident and Health (BAH) team This role will be based in our Hamilton, NJ office.

We have a welcoming culture valuing our employees we trademarked the phrase Everything Counts, Everyone Matters to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important and every accomplishment makes a difference in our results. Come join us_

Key functions include but are not limited to:

Review and verify the completeness and accuracy of RFP's inputted into our underwriting system
Initiate communication with external parties, including TPAs and brokers, to request any missing documentation or on declinations
Ensure folders on the shared network drive contain the entire RFP and that the documents are housed in the appropriate folders for each case
Input both the specific and aggregate claims experience in the underwriting system, paying close attention to any missing information or information that requires compilation from multiple sources
During claim experience input, initiate screening of potential claimants of concern to present to the Underwriter
Using guidance learned from training and mentorship, begin to formulate initial rating recommendations to Underwriter, utilizing the journal notes in the system
Participate in underwriting review discussions in order to learn how Underwriters draw conclusions and make final risk selections from data presented during the setup and initial review process

Qualifications:

Bachelor's degree or equivalent combination of education and experience
12+ years experience working in the insurance industry with direct experience assisting underwriters or some familiarity with claims data reports
Input data into our underwriting system including benefits, reinsurance terms and census; use of Excel
A basic skillset in the areas of math and communication, with a strong desire to grow these skillsets under the direction and training of more seasoned staff and mentor
Strong time management skills and selfdiscipline to effectively manage a large case load volume during peak production cycles
Establish and maintain positive working relationships with all operational areas, management and staff to further the company's mission