Experienced Property Underwriter
Berkshire Hathaway Specialty Insurance, Chicago, IL, United States
Who are we?
A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.
We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized. Want to be part of the team building the finest property, casualty, and specialty lines insurance company in the world?
Learn more about our unique culture and history.
Job Opportunity Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for an experienced underwriter to join the U.S. Central Region Property team based in Chicago, IL. The successful candidate will be responsible for developing and underwriting property business across the U.S. Central region marketplace and play a pivotal role in growing the General Property portfolio.
The individual will analyze property risk exposures of new and renewal business to make sound underwriting decisions. Additionally, the underwriter will be responsible for profitably developing and growing the portfolio through production and marketing calls with brokers and customers.
The title of the role will be commensurate with the level of experience of the successful candidate.
Duties & Responsibilities
Solicit and underwrite new and renewal property submissions
Grow the property book of business, which includes quota share, primary, and excess layer structures
Participate as an advocate for the business and take ownership of the success of the property portfolio
Develop and expand broker and customer relationships with integrity, working both independently and in conjunction with other BHSI product lines
Analyze information relating to catastrophe modeling, engineer reports, valuation reports, etc.
Review and approve manuscript policies
Work in a fast-paced, bottom line-oriented environment, multi-task, and make quick decisions while maintaining underwriting integrity
Qualifications, Skills, and Experience
5+ years commercial insurance experience
Strong existing broker relationships
Strong underwriting acumen and attention to detail
Adaptable in a fast-paced environment
Strong understanding of policy forms, including broker manuscripts
Strong collaboration and team building skills
Strong communication skills including negotiation and presentation experience
Willing to travel
Post-secondary degree or equivalent experience
BHSI Offers
A competitive package and exciting growth opportunities for career-oriented teammates
A dynamic, action-oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates and our other stakeholders
A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework
Benefits that support your life and well-being, which include:
Comprehensive Health, Dental and Vision benefits
Disability Insurance (both short-term and long-term)
Life Insurance (for you and your family)
Accidental Death & Dismemberment Insurance (for you and your family)
Flexible Spending Accounts
Health Reimbursement AccountEmployee Assistance Program
Retirement Savings 401(k) Plan with Company Match
Generous holiday and Paid Time Off
Tuition Reimbursement
Paid Parental Leave
The base salary range for this position in Chicago is $100,000 to $160,000, along with annual bonus eligibility. Total compensation for a candidate is determined by their relevant skills, location, and experience. We value our teammates – both their capabilities and character – as demonstrated by our amazing culture.
NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization.
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We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized. Want to be part of the team building the finest property, casualty, and specialty lines insurance company in the world?
Learn more about our unique culture and history.
Job Opportunity Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for an experienced underwriter to join the U.S. Central Region Property team based in Chicago, IL. The successful candidate will be responsible for developing and underwriting property business across the U.S. Central region marketplace and play a pivotal role in growing the General Property portfolio.
The individual will analyze property risk exposures of new and renewal business to make sound underwriting decisions. Additionally, the underwriter will be responsible for profitably developing and growing the portfolio through production and marketing calls with brokers and customers.
The title of the role will be commensurate with the level of experience of the successful candidate.
Duties & Responsibilities
Solicit and underwrite new and renewal property submissions
Grow the property book of business, which includes quota share, primary, and excess layer structures
Participate as an advocate for the business and take ownership of the success of the property portfolio
Develop and expand broker and customer relationships with integrity, working both independently and in conjunction with other BHSI product lines
Analyze information relating to catastrophe modeling, engineer reports, valuation reports, etc.
Review and approve manuscript policies
Work in a fast-paced, bottom line-oriented environment, multi-task, and make quick decisions while maintaining underwriting integrity
Qualifications, Skills, and Experience
5+ years commercial insurance experience
Strong existing broker relationships
Strong underwriting acumen and attention to detail
Adaptable in a fast-paced environment
Strong understanding of policy forms, including broker manuscripts
Strong collaboration and team building skills
Strong communication skills including negotiation and presentation experience
Willing to travel
Post-secondary degree or equivalent experience
BHSI Offers
A competitive package and exciting growth opportunities for career-oriented teammates
A dynamic, action-oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates and our other stakeholders
A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework
Benefits that support your life and well-being, which include:
Comprehensive Health, Dental and Vision benefits
Disability Insurance (both short-term and long-term)
Life Insurance (for you and your family)
Accidental Death & Dismemberment Insurance (for you and your family)
Flexible Spending Accounts
Health Reimbursement AccountEmployee Assistance Program
Retirement Savings 401(k) Plan with Company Match
Generous holiday and Paid Time Off
Tuition Reimbursement
Paid Parental Leave
The base salary range for this position in Chicago is $100,000 to $160,000, along with annual bonus eligibility. Total compensation for a candidate is determined by their relevant skills, location, and experience. We value our teammates – both their capabilities and character – as demonstrated by our amazing culture.
NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization.
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