Underwriter – Managed Care

Position: Underwriter – Managed Care

Reports to: Director of Managed Care Excess

Location: Hamilton Square, NJ

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 stop 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. Our parent company, W. R. Berkley Corporation is one of the largest and best managed property/casualty insurers in the United States.

Berkley Accident and Health is seeking a full-time Underwriter for its Managed Care segment. This position will solicit, write, and retain a profitable book of Managed Care/Reinsurance business. Requiring extensive underwriting analysis and sound judgment, this role will be responsible for contributing to the achievement of Berkley Accident and Health’s financial plans by meeting established premium growth and profitability goals.

Managed Care Underwriter Essential duties include:

• Assess risk to ensure that the risk meets established underwriting criteria
• Evaluate, price and propose rates based on established underwriting guidelines while meeting profitability standards set by management • Manage assigned workload to meet productivity and time service standards • Maintain quote logs and ensure that appropriate action is taken within the requested due date • Develop and maintain successful relationships with target sources

Managed Care Underwriter Qualifications include:

• 5+ years in underwriting HMO Reinsurance and Provider Excess Loss insurance coverages or firstdollar underwriting experience
• BA or BS degree or equivalent work experience
• Strong knowledge of risk evaluation and the rating of targeted business, as well as current industry trends and markets
• Strong knowledge of available products
• Excellent communication and negotiation skills with internal and external customers
• Ability to be productive independently, yet work in a team environment
• Strong organizational, planning, and time management skills
• Creativity and problem-solving skills a plus
• Proficient in Microsoft Word, Excel, and Outlook

In addition:

• Must exhibit professional behavior at all times while representing or being identified as an employee of Berkley Accident and Health
• Establish and maintain positive working relationships with management and staff to further the company’s mission