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.
This position can either be fully remote (if not within commutable distance to the office) or based in our Hamilton Square, NJ office which offers a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.
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The company is an equal employment opportunity employer.
ResponsibilitiesAs a Stop Loss Underwriter focused on our Captives business, you'll work closely with the Underwriting leadership to seek seek profitable growth of the company’s portfolio of stop loss business by analyzing and selecting risks based on qualified underwriting criteria that adhere to the company’s established underwriting guidelines. You'll have the autonomy to manage your own workload and we'll trust you to operate with a sense of urgency around quote deadlines and production targets.
What you can expect:
Culture of innovation, teamwork, supportive colleagues and leaders willing to invest in talentInternal mobility opportunities Visibility to senior leaders and partnership with cross functional teamsOpportunity to impact changeBenefits – competitive compensation, paid time off, comprehensive wellness benefits and programs, employer funded health savings account, profit sharing, 401k, paid parental leave, employee stock purchase plan, tuition assistance and professional continuing educationWe'll count on you to:
Write and retain profitable stop loss cases adhering to the company’s guidelines and within assigned letter of authorityEstablish the basics of medical underwriting by training with and learning from the Company’s internal Clinical Underwriting staffProperly complete and clearly articulate thought process around risk selection and pricing for efficient reviews with underwriting management and clinical staffBecome acquainted with target production sources as well as Sales and Account Management teams and begin establishing your own relationships using effective forms of communication Accurately document underwriting thought process and authority reviews through company journal and filing systemCollaborate with underwriting management to review more complex cases requiring a higher degree of underwriting authority QualificationsWhat you need to have:
Bachelor's Degree or equivalent experience3-5+ years of progressive Stop Loss Underwriting experience A basic understanding of stop loss market dynamics, risk management strategies, and a strong desire to stay ahead of emerging risks in the marketA basic skillset in the areas of math, communication and negotiationStrong time management skills and self-discipline to effectively manage a large case load volume during peak production cyclesProficiency in Microsoft applications including Word, Excel and OutlookWhat makes you stand out:
Establish and maintain positive working relationships with all operational areas, management and staff to further the company’s missionStrong consulting and interpersonal skills with an ability to interact with brokers, clients and service vendorsExperience with David Young or Connexure System Additional Company Details We do not accept any unsolicited resumes from external recruiting firms.The company offers a competitive compensation plan and robust benefits package for full time regular employees including:
• Base Salary Range: $90,000 - $120,000
• Eligible to participate in annual discretionary bonus
• Benefits include: Health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plans
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. Sponsorship Details Sponsorship not Offered for this Role Job Description
2025-Stop Loss Underwriter
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