Berkshire Hathaway Employment – Underwriter Trainee

Job Description:

The Underwriter 1 will successfully complete the Underwriting Training Program. Responsible for proficiently reviewing and evaluating new and renewal business in accordance with established underwriting guidelines in order to achieve department goals of profit, rate and growth, and maintaining productive agency relationships with effectual agency management. This will involve answering customer inquiries, evaluating policy endorsements, executing policy transactions with a high degree of accuracy and providing a high level of customer service. They will be expected to continue to build on their Underwriting knowledge and accounts will increase in number and complexity.

Job Responsibilities:

• Ensures deadlines are met and prompt response is provided.
• Coordinates with Underwriting Support Specialists to bind agreed upon policies.
• Ensures profitability and new business goals are met.
• Analyzes current and prospective policyholders to determine appropriate quotation, indication or declination of policy.
• Prepares Loss Control requests for appropriate accounts.
• Makes prompt, sound decisions on issues that arise in submissions based on the best information available.
• Contributes to productive agency relationships and client retention.
• Communicates effectively with external clientele and internal resource partners telephonically, via electronic correspondence and if appropriate, in the field.
• Communicates pricing within a predetermined authority level to brokers and producers using industry standards and proprietary software and databases.

Job Requirements:

• Bachelor’s degree from an accredited college or university is required.
• Able to work with mathematical concepts such as probability and statistical inference.
• Able to write detailed reports, business correspondence and procedure manuals.
• Able to effectively present information to management and public groups.
• Able to apply concepts such as addition, subtraction, multiplication, division, fractions, percentages, ratios, and proportions to practical situations.
• Able to read, analyze, and interpret general business periodicals, professional journals, technical procedures and governmental regulations.

Job Details:

Company: Berkshire Hathaway

Vacancy Type: Full Time

Job Location: Buffalo, NY, US

Application Deadline: N/A

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