Underwriter

Company Details

Berkley Select delivers professional liability insurance solutions to individuals, businesses, professional services firms, and nonprofit organizations. As a Berkley company, Berkley Select is staffed with a team of experts with a specific focus on Professional Liability. Berkley Select utilizes individual risk underwriting, loss control, and claims practices providing superior products and services to its customers.

Berkley Select is a Berkley Company. W. R. Berkley, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. W. R. Berkley Corporation (NYSE: WRB).

Responsibilities

The Underwriter I – Lawyers Professional Liability role is designed for professionals with foundational experience in underwriting, particularly within the Errors & Omissions (E&O) space. This position focuses on evaluating and managing risk for Lawyers Professional Liability accounts.

The ideal candidate will demonstrate strong analytical skills, a collaborative mindset, and a desire to grow within a dynamic underwriting team. This role offers the opportunity to build key broker relationships and contribute to the expansion of our business portfolio.

Underwriting  

• Review and analysis of new and renewal submissions, including claims history, financials, and coverage needs.
• Help determine territory and pricing strategies in collaboration with other LPL underwriters.
• Prepare and issue indications, quotes, binders, and policy documents with accuracy and timeliness.
• Monitor upcoming renewals and ensure timely communication with brokers.

Account Management

• Adherence to pricing initiatives, rate plan and rate strategy.
• Knowledge and understanding of Underwriting Guidelines.
• Measured success based on written premium and retention.

Broker Relationship Management

• Support broker communications by timely gathering required information and responding to inquiries.
• Maintain accurate broker contact logs, reports, and activity records in underwriting system.
• Communicate expectations to brokers and work with Customer Relationship Management tools and systems.
• Travel to visit producers within defined territories based on relationships.

Pre-Underwriting & Operational Tasks

• Gather third-party reports, prior claim history, and other underwriting data for renewal accounts.
• Assist in identifying accounts requiring non-renewal or changes in terms.
• Ensure completeness and accuracy of underwriting documentation and system entries.

Training & Development

• Participate in structured training programs and on-the-job learning to build underwriting expertise.
• Collaborate with senior underwriters and cross-functional teams on special projects and process improvements.
• Attend industry education events.

Other

• Special projects or reports as determined by need.
• Regular and predictable attendance.

Qualifications

• Bachelor’s degree preferred (Business, Finance, Risk Management, or related field).
• Insurance designations, such as an RPLU, are a plus.
• Prior experience in Errors & Omissions insurance or professional liability underwriting.
• Strong analytical, organizational, and decision-making skills.
• Excellent verbal and written communication abilities.
• Motivated by a competitive, results-driven environment.
• Proficient in Microsoft Office Suite (Excel, Word, Outlook).
• Customer-focused, collaborative, and eager to grow professionally.

Additional Company Details

The position is based in Chicago; in-office four days per week. We do not accept any unsolicited resumes from external recruiting firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans. Base Salary Range: $72,000 - 88,000. 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. This role is eligible to participate in the annual discretionary bonus program. We also offer: • Comprehensive training and mentorship from industry experts. • Clear career development pathways within a growing underwriting team. • Inclusive and collaborative office culture in downtown Chicago. • Competitive compensation and benefits package. The Company is an equal employment opportunity employer.

Sponsorship Details

Sponsorship not Offered for this Role