Professional Liability and Casualty Underwriting Leader
Job Description
Company Details "Our Company provides a state of predictability which allows brokers and agents to act with confidence." Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States. Along the way, we’ve been listed on the New York Stock Exchange, become a Fortune 500 Company, joined the S&P 500, and seen our gross written premiums exceed $10 billion. Today the Berkley brand comprises more than 50 businesses worldwide and is divided into two segments: Insurance and Reinsurance and Monoline Excess. Led by our Executive Chairman, founder and largest shareholder, William R. Berkley and our President and Chief Executive Officer, W. Robert Berkley, Jr., W.R. Berkley Corporation is well-positioned to respond to opportunities for future growth. The Company is an equal employment opportunity employer. Responsibilities We are seeking a Professional Liability and Casualty Lines, Assistant Vice President. Someone to act as an advisor, influencer, partner, and resource for the W.R. Berkley companies writing Errors and Omissions Coverage and Professional Lines coverages across multiple classes of business. In this corporate underwriting role you will contribute to, monitor, and influence Business Unit strategies, results, risk appetite, coverages, terms & conditions, pricing, guidelines, and underwriting tools, to deliver on risk adjusted return goals. In the role you will facilitate corporate technical and data & analytic initiatives to improve management information, efficiencies, and long-term results. Address trends, emerging issues, and opportunities. Enhance education, communication, idea sharing and innovation throughout W.R. Berkley. Key Responsibilities:
Lead the professional liability communities (e.g. Professional Liability, E&O, D&O, EPLI, etc.) to educate, discuss emerging issues, share ideas and information, and highlight innovative developments. Coordinate, facilitate, and participate in underwriting process, technical, and data analytic initiatives for improving management information, efficiencies, and long-term results. Review, monitor and influence Business Unit strategy, results, risk appetite, forms, coverages, terms, conditions, pricing, guidelines, and underwriting tools. In conjunction with corporate actuaries, lead periodic professional liability state of the line studies and presentations. Transform data into information for action. Participate in data improvement and collection initiatives. Work with ERM and ceded reinsurance to optimize the structure of the reinsurance program. Monitor cyber and coverage for other latent or emerging exposures offered. Others to be determined as the role evolves.
Partnering: Partner and coordinate with Segment Heads, Business Unit Presidents, and Chief Underwriting Officers, and various Corporate, Segment and Operating Unit functions. Location and Travel: The position can be in any W.R. Berkley location throughout the United States. This position is a full time, in the office position. There is travel within the US and other W.R. Berkley worldwide locations, approximately 30% travel depending on project needs. Qualifications Ability to influence and advise in a decentralized environment. Strong results-oriented leader and manager. Effective project management and organizational skills. Excellent communication and interpersonal skills. Superior analytical skills. Strong work ethic.
Education & Experience Requirements:
Relevant degree from an accredited college or university. Minimum of 10 years professional liability underwriting experience in the insurance/reinsurance industry. Substantial knowledge of underwriting practices, procedures, and tools. Track record of influencing and generating profitable business. International experience is a plus. Minimum of 5 years of casualty underwriting experience is preferred. #J-18808-Ljbffr