Lavalier Underwriter
Company Details:
Berkley Asset Protection was established in 2008 to deliver the industry’s most complete and high-quality portfolio of specialized insurance products and services to protect fine art, jewelry and other high-value personal and commercial assets.We support the market through close partnerships with an established distribution network of retail and wholesale insurance professionals. Our brokers and agents cater to a global base of clients in a variety of environments, including private and corporate art collections, museums, galleries, and exhibition, jewelry wholesalers, retailers, and manufacturers, along with those who work with collectibles, currencies, securities, and other high-value assets.
Our claims and loss control operation is the undisputed gold standard for the entire fine art and jewelry insurance industry.
The company is an equal employment opportunity employer.
Responsibilities:
We have an opportunity for an Underwriter to join our Berkley Asset Protection team! You will be responsible for all underwriting functions associated with personal jewelry risks for our Lavalier.com product. We are open to train as long as you have a background in either: (1) P&C underwriting; (2) no underwriting experience, but you have a jewelry industry background and open to make a transition into the insurance field; or (3) we will also consider candidates with an insurance claims background.
This position can be based in our offices in either: West Hartford, CT; New York, NY (Manhattan); or Appleton, WI
We have a welcoming culture valuing our employees – we trademarked the phrase Everything Counts, Everyone Matters® to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important and every accomplishment makes a difference in our results.Come join us!
Key functions include but are not limited to:
- Manage book of business as it grows ensuring high quality and profitability
- Review and approve new business, endorsements, and renewals that fall within underwriting authority and company guidelines; refer risks that fall outside authority or guidelines
- Gather necessary information about applicants, analyze risk factors and determine coverage eligibility
- Review and make underwriting decisions on all referral applications
- Prepare declination and non-renewal correspondence to insured, when regulatory required
- Analyze areas of the business that have a high loss ratio and take action to improve results
- Follow jewelry market trends relating to the value of jewelry or potential losses
- Build relationships with partner jewelers and independent agents
- Other tasks, work, and projects as assigned by manager
Qualifications:
- Bachelor’s degree or equivalent
- 2+ years of either: P&C underwriting, jewelry background, or claims experience
- Takes initiative, works independently, collaborates successfully as part of a team and with employees at all levels in a fast-paced environment
- Strong oral and written communication skills and etiquette, displaying a positive attitude
- Proven ability to develop strong working knowledge of systems and processes
- Proficient in Microsoft Office including Word, Excel, and Outlook, and other related programs
- Property/Casualty Insurance Agents License – candidate must possess this license or obtain it within four (4) months of hire date; candidate must complete subsequent continuing education requirements.
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: $65,000 - $80,000
- 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:
2024 BAP Lavalier UW JD