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Berkshire Hathaway Homestate Companies - Workers Compensation Division · 2 weeks ago

Senior Underwriter - Workers Compensation

San Diego, CA

Full-time

Hybrid

Mid, Senior Level

$96K/yr - $132K/yr

5+ years exp

Berkshire Hathaway Homestate Companies is a national insurance group with a commitment to financial strength and integrity. They are seeking a Senior Underwriter to expertly review and evaluate new and renewal business, manage profitability, and foster valuable agency relationships while ensuring compliance with underwriting guidelines.

Financial ServicesInsurance

Responsibilities

Expertly manages profitability by reviewing and analyzing profitability and actuarial reports. Coordinates with Loss Control and Claims to address any accounts performing adversely

Reviews applications for insurance coverage successfully, ensuring applicable information is accurate and completes for pricing determination. Works with Underwriting Support Specialist team to gather appropriate information needed and reaches out to agency partners to request any additional information required

Demonstrates understanding of deductible programs and loss sensitive plans to begin to quote the most complex coverages, premium levels and terms within given authority level

Makes prompt, sound independent decisions on issues that arise in submissions based on the best information available within given authority

Analyzes current and prospective policyholders to determine appropriate quotation, indication or declination of policy is provided. Ensures profitability and new business goals are met

Demonstrates advanced ability to effectively negotiate premium costs and net rates

Works with Underwriting Support Specialists to bind agreed upon policies. Prepares Loss Control requests for appropriate accounts

Expertly communicates with external clientele and internal resource partners telephonically, via electronic correspondence and if appropriate, in the field, developing valuable agency relationships and client retention. Ensures deadlines are met and prompt responses are provided

Expert in developing and strengthening agency relationships. Visits agencies and policy holders directly. Leads policyholder and broker sales calls. Participates in renewal quote presentations

Assists with the training and development of more junior team members. Acts as a mentor

Helps to identify and improve inefficiencies in Underwriting processes. Assists with development of Underwriting tools

Ensures that work is performed in accordance with Company standards, training, managerial direction, and applicable laws

Qualification

Underwriting experienceAgency managementChartered Property Casualty UnderwriterMicrosoft Office SuitePower BIAnalytical skillsCommunication skillsTeamworkNegotiation skillsMentoring

Required

Bachelors degree from an accredited college or university is required, preferably in Risk Management, Economics, Finance, or Business

Minimum of five (5) years of Underwriting experience within workers compensation (carrier)

Able to read, analyze, and interpret general business periodicals, professional journals, technical procedures and governmental regulations

Able to write detailed reports, business correspondence and procedure manuals

Able to effectively present information to management and public groups

Able to work with mathematical concepts such as probability and statistical inference

Able to apply concepts such as addition, subtraction, multiplication, division, fractions, percentages, ratios, and proportions to practical situations

Able to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form

Able to deal with problems involving several concrete variables in standardized situations

To perform this job successfully, the individual should be highly proficient on the Microsoft Office Suite and able to quickly master proprietary and vended software applications

Preferred

Chartered Property Casualty Underwriter (CPCU) preferred

Proficiency in Power BI preferred

Benefits

Unparalleled financial strength and stability

Fantastic growth and advancement opportunities

WFH Hybrid schedule

Free gym in building

Generous Paid Time Off and Holidays

Excellent Benefits (Medical, Dental, Vision, 401k, etc)

Health and Wellness Reimbursement

Tuition Assistance Reimbursement

Discounts across companies such as GEICO, See’s Candies, etc.

Company

Berkshire Hathaway Homestate Companies - Workers Compensation Division

Glassdoor3.4

Financial Strength and Integrity With more than 50 years in business, BHHC has grown from a regional organization to a national insurance group, offering insurance products from coast to coast.

Founded in 1970

Omaha, Nebraska, USA

501-1000 employees