Assistant Vice President, Manufacturers and Contractors Division Manager

Company Details

W. R. Berkley Corporation is establishing a new operating unit, Berkley Edge.

Berkley Edge offers solutions for hard-to-place and distressed risks for both professional and casualty lines of business.  Edge will focus on small to mid-sized risks through a wholesale only distribution model.

Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.  Along the way, we have been listed on the New York Stock Exchange, seen our revenue soar well past $10 billion, and become a well-respected Fortune 500 Company.

The Company is an equal employment opportunity employer.

Responsibilities

The AVP, Manufacturers and Contractors Division Manager will lead the underwriting unit writing products liability and contractors liability.  The manager will set the vision, drive underwriting strategy, manage the portfolio and lead the team.  The manager will also be responsible for training of staff.

• Develop and execute underwriting strategy for Manufacturers and Contractors division.
• Build, train, and lead a high-performing team of underwriters.
• Monitor emerging risks, market trends, and regulatory developments to change product as needed.
• Work with Product and Forms Specialist to create coverage forms.
• Work with actuarial to create pricing models.
• Establish risk appetite guidelines.
• Handle underwriting referrals.
• Monitor portfolio performance and implement corrective actions as needed to maintain profitability.
• Cultivate and maintain strong relationships with key distribution partners.
• Lead initiatives to grow market share in target segments.
• Ensure compliance with underwriting guidelines, regulatory requirements, and internal controls.
• Partner with actuarial, claims, legal, and data teams to ensure a holistic view of risk and make an underwriting profit.
• Report on key metrics and provide insights to executive leadership.

Qualifications

• Bachelor’s degree highly desired; advanced degree or CPCU designation a plus.
• 7+ years of relevant E&S experience including in-depth knowledge of casualty risks.
• Strong technical underwriting background with experience in leadership roles.
• Proven success in building and managing profitable portfolios.
• In-depth knowledge of insurance markets and trends.
• Strong analytical, communication, and negotiation skills.

Additional Company Details

We do not accept unsolicited resumes from third party recruiting agencies or firms. • Depending on job level, the base salary range is listed below: Team Lead - $135K-$165K AVP, Division Manager - $170K-$200K • 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.