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Property Underwriting Leader

Company: W. R. Berkley Corporation
Location: Greenwich
Posted on: January 15, 2022

Job Description:

Company Details"Our Company provides a state of predictability which allows brokers and agents to act with confidence."Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.Along the way, we've been listed on the New York Stock Exchange, seen our revenue soar well past $7 billion, and become a well-respected Fortune 500 Company.Today, the Berkley brand comprises 53 Berkley companies worldwide. Still managed by our Executive Chairman, founder and largest shareholder, W. R. Berkley Corporation is well-positioned to respond to opportunities for future growth.In April 2017, W. R. Berkley Corporation celebrated the 50th anniversary of its founding.ResponsibilitiesProperty advisor, influencer, partner and resource for the enterprise. -Contribute to, monitor and influence Operating Unit property strategy, results, risk appetite, coverages, terms, conditions, pricing, guidelines, underwriting tools, portfolio and catastrophe management to deliver risk adjusted return goals. -Facilitate corporate property technical and data & analytic initiatives to improve efficiencies and long-term results. Address trends, emerging issues, and opportunities. Enhance property education, communication and idea sharing and innovation throughout WRBC.Responsibilities: With Segment Heads review, monitor and influence Operating Unit property strategy, results, risk appetite, forms, coverages, terms, conditions, pricing, guidelines, underwriting tools and catastrophe management. Make recommendations and influence change where necessary to deliver risk adjusted return goals. Lead, coordinate, facilitate and/or participate in property underwriting process, technical, and data analytic initiatives for the purpose of improving efficiencies and long-term results, addressing trends, opportunities and issues. Initiatives would primarily involve multi-operating units and/or multi-segments and would marry underwriting and data analytics and be both reactive and proactive. Transform data into information for action. Participate in data improvement and collection initiatives. Develop and/or improve management information, metrics and analytics. Work with ERM and ceded reinsurance to optimize the structure of the property reinsurance program to fulfill both Operating Unit and enterprise needs. Lead, with corporate actuaries, periodic property state of line studies and presentations.Build and lead a property community to educate, discuss emerging issues, share ideas and information and highlight innovative developments. Facilitate communication among CUO's and product experts (e.g., via working groups, CUO meeting, maintain expertise database). Work with risk management/loss control professionals to share best practices and information across the enterprise.Monitor cyber and EDP coverages offered by Operating Units and the market and with legal develop, keep current and implement exclusions. Others to be determined as the role evolves.QualificationsEducation and Professional Qualifications and Experience:Relevant degree from an accredited college or university Minimum of 10 years property underwriting experience in the insurance/reinsurance industry including both stand-alone property and package business in large, middle market and small business markets.Substantial knowledge of underwriting practices, procedures and tools; rating; pricing; portfolio and risk analysis; reinsurance structuring; and catastrophe management. Track record of influencing and generating profitable property businessExposure to, and experience with, U.S. owned companies with foreign subsidiaries.Skills and Characteristics:Ability to influence and advise in a decentralized environmentStrong results orientated leader and manager Effective project management and organizational skillsExcellent communication and interpersonal skills Superior analytical skillsStrong work ethicLocation and Travel:The position is preferably located in Greenwich, CT, but will consider other Operating Unit locations. - There is travel to US and worldwide locations. - The overall amount of travel will be project dependent (approximately 30%).Additional Company DetailsThe Company is an equal employment opportunity employer.Additional RequirementsMust be fully vaccinated and remain fully vaccinated against COVID-19.Job SummaryID: 2021-6085Date Posted: 2 months ago(11/4/2021 6:29 PM)Company: WRBC Support ServicesPrimary Location: US-CT-GreenwichLoc2: PennsylvaniaLoc3: MassachusettsLoc4: New YorkLoc5: IL, Chicago - 550 W Jackson Blvd - 4th FloorLoc6: GA, Atlanta - 2 Ravinia Drive - Suite 1100Category: Underwriting

Keywords: W. R. Berkley Corporation, Greenwich , Property Underwriting Leader, Other , Greenwich, Connecticut

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