Berkley Underwriting Consultant - Food Specialty in Urbandale, Iowa
A trusted insurance carrier since 1886, Continental Western Group (CWG) offers a broad array of commercial insurance products for businesses in 13 states from the Rocky Mountains to the Great Lakes. Our goal is to be the strong, local and trusted choice for independent insurance agents and customers.
About W. R. Berkley CorporationW. R. Berkley Corporation, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. Each of the operating units in the Berkley group participates in a niche market requiring specialized knowledge about a territory or product. Our competitive advantage lies in our long-term strategy of decentralized operations, allowing each of our units to identify and respond quickly and effectively.
The Underwriting Consultant will function as the Food Specialty program lead, providing food product expertise across the organization. This position will function as a subject-matter-expert, responsible for program development and strategy. Will lead the execution of program goals including the refinement of underwriting guidelines, driving pipeline growth, the addition of new agency relationships and managing exposures in achieving the company’s strategy, growth and profitability objectives.
Provides technical underwriting expertise and support the food specialty program in achieving the company’s strategy, growth, and profitability objectives. Analyzes competitive market intelligence to identify trends. Provides guidance regarding the unit’s performance, financial results, profitability, business mix, competitors, and market trends. Recommends adjustments as they relate to financial targets.
Serves as a technical underwriting resource for Business Development, Risk Services, Claims and Premium Audit staffs. Includes specific subject-matter-expertise for industry fields or lines of business, where appropriate. Provides guidance on technically complex referrals from field underwriting operations including coverage design and reinsurance. Monitors facultative reinsurance placements.
Participates in Business Development activities, including consultation with underwriters on individual renewals and new business opportunities. Includes direct interaction with agencies and review of opportunities with Business Development and Marketing teams. May include direct underwriting of individual risks, including review and acceptance of risk, quote and negotiation of terms, and issuance of policy with appropriate terms and conditions.
May include direct interaction with key customers or prospects to manage services and to demonstrate expertise and credibility on behalf of the company. May include attendance of industry events or trade conferences to further develop expertise and enhance company presence in the industry.
Performs periodic reviews portfolio-level review of accounts and trends to ensure sound underwriting practices. Conducts underwriting audits of individual risks for compliance with company guidelines, state regulations, and reinsurance. Develops and amends company underwriting rules and guidelines.
Participates in development and/or delivery of training material for the regional or business unit staff. Includes customized training, provided to groups or individuals, specific to areas of defined subject-matter-expertise, or other areas as needed. May include review of candidates and participation in the hiring process for individual underwriters, including onboarding based on subject-matter-expertise.
Bachelor's degree and/or 10+ years related experience in relevant insurance disciplines; or equivalent combination of education and experience.
Well-rounded experience and an in-depth knowledge of Commercial Lines insurance programs.
Knowledge of and experience in Special Market programs with emphasis on Food Specialty.
Knowledge, Skills & Abilities
Possess a continuous improvement mindset
Strong project management skills and experience
Ability to lead and get results through influence
Strong collaboration skills and teamwork minded
Ability to thrive in a fast-paced environment that continuously adapts based on customer need
Demonstrates creativity, strong business acumen, critical thinking, problem analysis and problem resolution skills
Excellent verbal and written communication skills
Ability to communicate effectively with all levels of the organization and external business partners
Strong organization and desk management skills
Regularly and consistently demonstrates commitment to company values and guiding principles
Proficient with Microsoft Word, Excel, Outlook and PowerPoint
Ability to travel on an occasional basis
Valid driver’s license for travel. Completion of CPCU, AU, CIC or equivalent designation preferred.
Job ID: 2020-3827
Street: 11201 Douglas Avenue