Experienced Underwriter - Workers Compensation

Experienced Underwriter - Workers Compensation

Berkshire Hathaway Homestate Companies, Workers Compensation Division, has an immediate opening for an Underwriter in our Horsham, PA office. This professional is responsible for evaluating new and renewal business in accordance with established guidelines in order to achieve departmental goals for profitability and growth, while developing productive agency relationships. Demonstrates sound knowledge of applicable statutory regulations, industry best practices, and appropriate application of deductible programs and loss sensitive plans. This is a hybrid opportunity, requiring initial onsite training and, upon successful completion of same, a minimum requirement of three days per work week in our Horsham, PA office.

Should be familiar with standard concepts, practices, and procedures within field, as well as best practices in Underwriting. Relies on experience and judgment to perform the functions of the job and accomplish goals. Shows initiative in identifying service problems and proposing solutions with new procedures, techniques or systems. Performs a variety of tasks autonomously and with proficiency, demonstrates the ability to make sound decisions within given authority. Works under general supervision. Some degree of creativity and latitude is required. Executes responsibilities professionally and in accordance with the Company's policies and applicable laws.

Essential Responsibilities

• Appropriately discerns applications for coverage, ensuring applicable information is accurate and complete for pricing determination. Works with the Underwriting Support Specialist team to gather appropriate information needed and reaches out to agency partners to request any additional information required.
• Analyzes current and prospective policyholders to determine appropriate quotation, indication or declination of policy. Communicates pricing within a predetermined authority level to brokers and producers per industry and corporate standards utilizing proprietary software and databases.
• Analyzes production and actuarial reports; Coordinates with Loss Control and Claims to address any accounts performing adversely.
• Effectively negotiates premium costs and net rates; Ensures profitability and new business goals are met.
• Makes prompt, sound decisions on issues that arise in submissions based on the best information available. Coordinates with Underwriting Support Specialists to bind agreed upon policies. Ensures submissions result in timely policy production. Prepares Loss Control requests for appropriate accounts.
• Proactively communicates with external clientele and internal resource partners, fostering productive agency relationships and client retention. Ensures deadlines are met and prompt response to inquiries is provided. Accompanies Marketing Managers to agency visits as needed to promote improved agency relationships. Participates in policyholder and broker sales calls.
• Performs special assignments and projects as assigned.

Required Qualifications

Company Benefits

With more than 50 years in business, BHHC has grown from a regional organization to a national insurance group, offering insurance products from coast to coast. Relationships are the cornerstone of our culture, and we believe in doing the right thing. That means we invest in our business in every way possible to deliver on our mission and demonstrate that people are what powers our success. Our commitment to financial strength and integrity means our customers can rest assured that we will be there when it counts.

At BHHC we embrace diversity and foster an environment where our people can be their authentic selves. Our differences make us stronger and better together, which fosters a harmonious workplacesomething we truly value. We've created an approachable and collaborative atmosphere. Here you'll find a welcoming workplace where everyone can feel valued, supported, and inspired to do great work. Together, we raise the bar by being curious, remaining customer-focused, and operating with integrity.