Underwriting Trainee

 

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.

We have an opportunity for an Underwriting Trainee to join our team! You will be responsible for learning the Underwriting role and subsequently contributing to the growth and profit of the Jewelers Block practice and portfolio of business. We are open to college graduates with 1-2 years of insurance experience who are interested in starting (or continuing in) an underwriting career.

 

This position will be based in our New York, NY (Midtown Manhattan) office

 

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:

• Develop broad knowledge of the insurance business, marketplace, company goals, objectives and metrics
• Demonstrate broad understanding of company operations, strategies, financials and competitive advantages
• Compare company coverage to competitors and identify competitive differences and position them effectively
• Able to articulate company product and service capabilities and position them to meet specific customer needs
• Demonstrate basic knowledge of rate, growth and profit objectives and take into consideration when making underwriting decisions and pre-qualifying risks
• Perform detailed analysis utilizing appropriate information to determine account acceptability and which takes customer needs into consideration
• Apply underwriting knowledge and risk information to make sound decisions on pricing, terms and conditions
• Demonstrate and apply understanding of line of business and customer segmentation objectives
• Make decisions within authority and refer risks outside authority
• Able to identify customer needs and objectives and position products accordingly

 

 

• Bachelor's Degree
• 1-2+ years insurance experience
• An interest in learning our Jeweler's Block underwriting process
• Strong oral and written communication skills, displaying a positive attitude
• Detail orientation with initiative and ability to work in a fast-paced team environment
• Excellent interpersonal skills, able to work with team members at all levels of the organization

 

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: $60,000 - $65,000
• 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 not Offered for this Role