Experienced Financial Institutions Underwriter
3 weeks ago
Job Description
Job Description
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:
BHSI has an exciting opportunity on our Executive & Professional team for an experienced Financial Institutions Underwriter to join our East Region team in our New York or Boston office. We are seeking a hard-working teammate who values a collaborative culture and is focused on profitability over top-line growth.
Duties & Responsibilities:
Build and manage a book of business that is consistent with the team’s focus on profitable growth
Expand on existing broker and customer relationships and develop new ones
Underwrite efficiently without sacrificing discipline, diligence, and quality service
Ability to work in a fast-paced environment with agility and decisiveness
Underwrite complex and challenging risks while developing creative solutions for our partners
Understand market conditions and how to respond as they evolve
Be a positive reflection on the company by demonstrating integrity and leadership in the marketplace
Effectively communicate BHSI’s value proposition to brokers and customers
Work closely with our in-house claims team to help create a positive and transparent experience for our customers
Qualifications, Skills, and Experience:
Financial Institution underwriting experience
Strong technical skills in financial and stock analysis
Solid understanding of policy forms and coverage
Network of strong broker and client relationships
A collaborative and team-focused mentality
Strong communication skills including negotiation and presentation experience
Willingness to travel
BA/BS 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
The base salary range for this position in New York is from $105K to $185K, along with annual bonus eligibility; a candidate’s salary is determined by their relevant skills 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 Members may perform other related duties as negotiated to meet the ongoing needs of the organization.
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