Who are we?
A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.
We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized. Want to be part of the team building the finest property, casualty, and specialty lines insurance company in the world?
Learn more about our unique culture and history .
Job Opportunity
Berkshire Hathaway Specialty Insurance Company (BHSI) has an exciting opportunity for a Commercial Multiline (Package) Underwriter within their Commercial Programs team in the Boston office location. We are seeking a teammate who is hard working, intelligent, passionate, and who is always striving towards excellence.
Duties & Responsibilities
- Responsible for management of assigned programs
- Engagement on new multi-line program opportunities
- Be versed in the use of admitted and non-admitted products underwritten by this organization, including products from Insurance Services Office (ISO)
- Apply underwriting expertise in commercial lines of business with an emphasis on General Liability, Crime, Commercial Automobile, Umbrella, Property and Allied Lines
- Interact with numerous staff departments including Actuarial, Claims, Legal, Operations and IT, all of whom participate in the oversight of the program business
- Develop underwriting guidelines for assigned programs
- Establish and develop Program Administrator relationships
- Establish and monitor performance metrics for assigned programs
- Perform underwriting audits on assigned programs
- Develop and recommend guidelines to monitor underwriting results
- Help build and maintain internal infrastructure focused on management of program business.
- Collaborate with various departments including Operations and Legal Departments to develop operational and compliance standards; Actuarial to develop pricing and monitor profitability; Legal on contracts and policy forms and endorsements; Claims on Third Party Administrator (TPA) agreements and relationships
- Work directly with Program Administrators and MGAs on assigned programs
- Coordinate all communication between carrier departments and Program Administrator
Qualifications, Skills, And Experience
- 5+ years of Multi Line underwriting experience
- Though a plus, candidates are not required to have program management experience
- Ability to work both independently and to collaborate broadly with all management levels and underwriting disciplines
- Desire to learn key aspects of insurance company operations that support the program business, working with numerous departments including Actuarial, Legal, Claims, IT and Operations
- Proficient in the use of Microsoft Word, Excel, and Outlook
- Very strong negotiation and communication skills, both written and verbal
- Ability to work within a Team Environment
- Travel (1 time per month) required
- BS/BA Degree or equivalent experience
- CPCU desired
BHSI Offers
- A competitive package and exciting growth opportunities for career-oriented teammates.
- A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and our other stakeholders.
- A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.
- Benefits that support your life and well-being, which include:
- Comprehensive Health, Dental and Vision benefits
- Disability Insurance (both short-term and long-term)
- Life Insurance (for you and your family)
- Accidental Death & Dismemberment Insurance (for you and your family)
- Flexible Spending Accounts
- Health Reimbursement Account
- Employee Assistance Program
- Retirement Savings 401(k) Plan with Company Match
- Generous holiday and Paid Time Off
- Tuition Reimbursement
- Paid Parental Leave
The base salary range for this position in Boston is $130,000 to $160,000, along with annual bonus eligibility. Total compensation for a candidate is determined by their relevant skills, location, and experience. We value our teammates – both their capabilities and character – as demonstrated by our amazing culture.
NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization.
