Underwriter II, Light Brokerage Job at W.R. Berkley, Scottsdale, AZ

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  • W.R. Berkley
  • Scottsdale, AZ

Job Description

Company Details

As an elite Excess and Surplus Lines market, Nautilus Insurance Group offers commercial property and casualty insurance solutions to appointed wholesale surplus lines producers countrywide. We have specialized in providing these solutions for more than 35 years.

We have more flexible policy terms and premium rates on a non-admitted basis. Our focus is small to medium Property and Casualty risks on both an admitted and a non-admitted basis. Our offerings are distributed through partnerships with appointed wholesale surplus lines producers. Our relationships are defined by mutual success, speed to market, customer-centric focus and an expanded appetite.

Coverage placed by Nautilus Insurance Group is provided by Nautilus Insurance Company and Great Divide Insurance Company, both W. R. Berkley Corporation members with A.M. Best (Superior) A+ XV ratings.

Benefit Highlights :

  • Paid Parental Leave! At Nautilus, we offer Childbirth Recovery Leave as well as Primary Caregiver Leave, for up to a maximum of 12 weeks of paid leave.
  • Nautilus offers Medical, Dental, and Vision coverage options, along with Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) choices
  • We help our employees feel secure by providing a 401(k) program, profit sharing, stock purchase plan, life insurance, and travel accident insurance options.
  • One of our core values is “Committed to Serve” and these aren't idle words. We provide every employee one paid day off per year to volunteer at a local charity. That's serving with a smile!
  • We take risk management excellence and your professional growth seriously by offering Tuition Assistance and Industry-Related Education and Exam programs.
  • Can you hear us now? Employees are eligible for special cell phone service discounts with Verizon and AT&T. We've got a plum position for you! We participate in the Plum Benefits program offering employees cost-free access to thousands of exclusive travel and entertainment discounts.
  • Flexible work arrangements
  • On site newly renovated fitness center - free to use for employees. Yoga and other classes available for a nominal fee.
Responsibilities

The Underwriter II, Light Brokerage primary job function includes [1] developing a comprehensive knowledge of the company's appetite in this product space and an industry awareness in relation to opportunities and threats and [2] underwriting, including communicating appetite, rate and underwriting information to assigned agents.

This role can be located in our Scottsdale office or remotely for a highly qualified candidate.

  • Underwrites select risks in accordance with company guidelines for acceptability and rate.
  • Markets, builds, and strengthens relationships with key producers within agencies that can produce a flow of preferred business to meet targets.
  • Maintains profitable book of business including monitoring book for trends, profitability, and growth.
  • Assess agent performance based on profitability, growth, quality of submissions, bind ratios, and other key performance indicators.
  • Analyzes market conditions and provide suggestions for needed changes in forms, endorsements, and rates including opportunities for market or product expansion or enhancement.
  • Collaborates with Contract Bind production underwriting teams along with Light Brokerage teammates to ensure proper placement of a risk and communicate market/agent trends and issues between divisions
  • Communicates product, rate, and form changes as appropriate with external customers.
  • Corresponds or consults with agents, brokers, and other interested persons to determine feasibility and marketability of new products to meet competition and increase sales.
  • Reviews industry publications and monitors pending legislation and regulations to determine impact of new developments on company insurance products.

#LI-Remote

#LI-RS1

Qualifications
  • Excess and Surplus lines background is highly preferred.
  • 2+ years' experience underwriting casualty products
  • Excellent communication, presentation, interpersonal and leadership skills.
  • Good understanding of the E&S business environment.
  • The ability to effectively engage with leaders across the organization
  • Applicable knowledge of budgets, forecasting, and metrics.
  • Good decision-making skills and response to high-pressure situations.
  • Intermediate to Advanced experience in Microsoft Office (Word, Excel, Outlook) and aptitude to learn new applications, as needed.
  • Critical thinking and problem-solving skills.
  • Must be able to travel to visit agents and attend conventions as necessary.
  • Bachelor's degree from four-year college or university; or 2+ years related insurance experience and/or training; or equivalent combination of education and experience.
  • CPCU, IIA or other insurance related classes recommended.
Additional Company Details The Company is an equal employment opportunity employer.

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.

Job Tags

Full time, Contract work, Local area, Remote job, Flexible hours,

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