Underwriting Manager, Stop Loss

Position: Underwriting Manager, Stop Loss

Reports to: Sr. Underwriting Manager

Location: Marlborough, MA

Berkley Accident and Health (Berkley) is a risk management company that designs innovative solutions to address the unique challenges of each client. With our entrepreneurial culture and a strong emphasis on analytics, we can help employers better manage their risk. We offer a broad range of products, including employer stop loss, benefit captives, provider excess loss, HMO reinsurance, and specialty accident. The key to Berkley’s success is our nimble approach to risk – our ability to quickly understand, think through, and devise a plan that addresses each client’s challenges, coupled with the strong backing of a Fortune 500 company. Berkley Accident and Health is a member company of W. R. Berkley Corporation, one of the largest and best managed property/casualty insurers in the United States.

Stop Loss Underwriting Manager Job Description:

The Underwriting Manager is a seasoned underwriting professional who has the years of experience and knowledge to exercise independent judgment to arrive at assigned sales and profitability targets. In this role, you will collaborate with Regional Sales Managers to efficiently quote, negotiate, and sell target business with assigned producers. Berkley Underwriting Managers are expected to conduct both financial and clinical analysis and develop contingencies as require.

Stop Loss Underwriting Manager Essential duties include:

• Assess daily workflow and determine daily priorities working with a team of Regional Sales Managers to ensure deadlines are met
• Travel with Regional Sales managers to meet with producers
• Collaborate with Regional Sales Managers to achieve assigned financial targets
• Composes, prepares, and generates correspondence, proposals, and reports as needed or required
• Conduct clinical risk evaluations utilizing available resources • Have the ability to analyze risk and make pricing recommendations
• Evaluate and propose pricing on Stop Loss business within stated authority limits
• Review Applications, Policies, Plan Documents/Amendments, and proposal contingencies ensuring that they are complete, accurate, and in accordance with the sold case terms

Stop Loss Underwriting Manager Qualifications include:

• Strong time management skills
• Ability to work independently and as part of a team
• Strong math, communication, and analytical skills
• Strong negotiation skills
• Strong multi-tasking ability
• Proficient in Microsoft Word and Excel
• Bachelor’s Degree and 7+ years of Stop Loss Underwriting experience or equivalent combination of education and experience