Transforce
Program Underwriter, Commercial Property
Transforce, Boston, MA
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:
Berkshire Hathaway Specialty Insurance Company (BHSI) has an exciting opportunity for a Program Underwriter within their Commercial Property Programs team in the Boston office location. We are seeking a teammate who is hard working, intelligent, passionate, and who is always striving towards excellence.
Duties & Responsibilities:
#LI-ON-SITE
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:
Berkshire Hathaway Specialty Insurance Company (BHSI) has an exciting opportunity for a Program Underwriter within their Commercial Property Programs team in the Boston office location. We are seeking a teammate who is hard working, intelligent, passionate, and who is always striving towards excellence.
Duties & Responsibilities:
- Responsible for management of assigned programs
- Be versed in the use of admitted and non-admitted products underwritten by this organization.
- Apply underwriting expertise in commercial lines of business with an emphasis on Property and Allied Lines.
- Interact with numerous staff departments including actuarial, claims, legal, operations and IT, who participate in the oversight of the program business.
- Develop underwriting guidelines for assigned programs
- Establish and develop Program Administrator relationships
- Establish and monitor performance metrics for assigned programs
- Perform underwriting audits on PA book of business - develop and recommend guidelines to monitor underwriting results.
- Help build infrastructure-
- Collaborate with Operations and Legal Departments to develop operational and compliance standards
- Collaborate with Actuarial to develop pricing and monitor profitability
- Collaborate with Legal on contracts and policy forms and endorsements
- Collaborate with Claims on TPA agreements and relationships
- Work directly with Program Administrators and TPAs on assigned programs
- Coordinate all communication between carrier departments and program administrator
- Strong Commercial Property and Allied Lines underwriting background
- Though a plus, Candidates are not required to have program management experience
- Desire to learn key aspects of insurance company operations that support the program business, working with numerous departments including Actuarial, Legal, Claims, IT and Operations
- Ability to work both independently and to collaborate broadly with all management levels and underwriting disciplines
- 5+ years Commercial Property underwriting experience
- Very strong negotiation skills
- Strong communication skills, written and verbal
- Ability to work within a Team Environment
- Travel (1 time per month) required
- BS/BA Degree or equivalent experience
- CPCU desired
- 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
#LI-ON-SITE