Risk Selection Underwriting Trainee Job at Berkley
Company Details:
Berkley One exists to insure and protect the lifestyles of a modern generation of affluence. We seek clients that are sophisticated individuals and families who require world-class risk and claims management customized to their needs, a team of select expert independent agents and innovative digital tools to keep it simple and easy. We’ll blend our partners, products and capabilities with all that is Berkley, generating a modern solution for the customers we serve.
Our culture is one of innovation, creativity and teamwork. Our team is highly motivated, passionate about our business, and deeply experienced in developing and delivering product and service solutions in the personal insurance marketplace.
The company is an equal employment opportunity employer.
Responsibilities:
Key functions include but are not limited to:
Industry Knowledge:
Qualifications:
Berkley One exists to insure and protect the lifestyles of a modern generation of affluence. We seek clients that are sophisticated individuals and families who require world-class risk and claims management customized to their needs, a team of select expert independent agents and innovative digital tools to keep it simple and easy. We’ll blend our partners, products and capabilities with all that is Berkley, generating a modern solution for the customers we serve.
Our culture is one of innovation, creativity and teamwork. Our team is highly motivated, passionate about our business, and deeply experienced in developing and delivering product and service solutions in the personal insurance marketplace.
The company is an equal employment opportunity employer.
Responsibilities:
The
Risk Selection Underwriting Trainee will review interesting accounts of sophisticated customers including beautiful, high value homes; luxury cars; and collections of all types such as art, wine and jewelry. This position is a great stepping stone to other positions within the industry. You will learn underwriting practices by participating in formal, on-the-job training which will lead towards a working knowledge of high net worth personal lines product language; underwriting practices, policies and guidelines; risk selection; customer relationship development and cultivation; and sales competency.
Key functions include but are not limited to:
Industry Knowledge:
- Develop broad knowledge of the insurance business, marketplace, company goals, objectives and metrics
- Demonstrate broad understanding of company operations, strategies, financials and competitive advantages
Product and Service:
- Demonstrate forms and coverage knowledge and apply them to exposures
- Compare company coverage to competitors and identify competitive differences and position them effectively
- Articulate company service capabilities and position to meet specific customer needs
Book Management and Pricing:
- Demonstrate basic knowledge of rate, growth and profit objectives and takes this into consideration when making underwriting decisions and pre-qualifying risks
- Perform detailed analysis utilizing appropriate information to determine account acceptability and which takes customer needs into consideration
- Apply underwriting knowledge and risk information make sound decisions on pricing, terms and conditions
Sales and Customer Management:
- Identify customer needs and objectives and position products accordingly
- Negotiate coverage, terms, conditions, and pricing
- Develop successful relationships with customers and potential customers
Qualifications:
- Bachelors degree or equivalent
- Strong oral and written communication skills, displaying a positive attitude
- Detail orientation with initiative and ability to work in a fast-paced team environment
- Excellent interpersonal skills, able to work with team members at all levels of the organization
Please Note :
ajayjain.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, ajayjain.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.