Underwriting Analyst
Berkley
This is a Full-time position in Scottsdale, AZ posted December 28, 2021.
A constellation in the southern hemisphere, Vela means ‘sails of a ship’ in Latin.In 1996, Vela Insurance Services began operations writing excess and surplus lines casualty business.
In the beginning, the primary focus was on construction and manufacturing risks but expanded to write a variety of general casualty and professional liability classes.
Today, we offer both national service and local knowledge to our exclusive wholesale broker network and the businesses they serve.
Vela is part of the W.R.
Berkley Corporation, founded in 1967, Berkley is one of the nation’s premier commercial lines property casualty insurance providers.The Vela underwriting team has opportunitiesfor entry level
– new college graduates to enter the expansive field of commercial insurance underwriting.
The Underwriting Analystparticipates in underwriting accounts by gathering, synthesizing and clearly presenting all specific account information to underwriting to decide on the risk.
Gather underwriting information to properly evaluate commercial risks for acceptability within company guidelines.
Underwrite for profit.Research and solve more complicated problems and make decisions with supervision of underwriter or manager.Review and summarize claims and loss information on individual risks and take the appropriate action.Determine coverage and pricing options for routine commercial risks for underwritersDetermine if a risk fits within the guidelines Identify unfavorable risk characteristics and take the appropriate underwriting action as directed.Maintain quality and time standards as established.
Stay informed and knowledgeable about current industry issues and activities.Draft quotes for underwriters based on individual risk characteristicsIssue quotes, declinations and other communications to brokers.Four (4) year College DegreeExcellent math, analytical and problem-solving skills.Excellent communication skills, written and verbal.Proficient with Microsoft Word, Excel and Outlook.The Company is an equal employment opportunity employer.Must be fully vaccinated and remain fully vaccinated against COVID-19.* *Per the CDC, fully vaccinated means at least 2 weeks after (1) a second dose in a 2-dose series, or (2) a single-dose vaccine, and this status and definition applies to COVID-19 vaccines currently authorized for emergency use or approved by the U.S.
Food and Drug Administration.
