VP, Product Line Manager job in Jersey City

Jersey City, New Jersey - NJ Berkley

Job Ref:	10525
Employer:	Berkley
Sector:	P&C/General Insurance/Non-Life
Qualifications:	Fully Qualified Actuary
Software:	Excel R
Job Type:	Full Time
Salary and Benefits:	$132,000 - $255,000 per year
Remote:	No
Location
Country:	United States
State/Province/County:	New Jersey - NJ
City:	Jersey City
Post Code:	07302
Map:	(Show on map)
Description
Company Details W. R. Berkley Corporation, founded in 1967, is one of the nation's premier commercial lines property casualty insurance providers. Founded in 2004, Berkley Environmental has underwriting and account executive units in seven regions. Berkley Environmental offers an array of coverages for virtually all classes traditionally known to have environmental liability exposures on both an admitted and non-admitted basis. We provide a comprehensive portfolio of commercial property casualty insurance, automobile liability and workers' compensation, along with claim services, providing expertise to meet the unique business needs of our customers. Company URL: https://berkleyenvironmental.com/ The company is an equal opportunity employer. Responsibilities Responsible and accountable for strategic and operational activities associated with the management of the Environmental (Site Specific Pollution) division of a Specific Line of Business (Auto & WC) with the development of new products, programs and program management underwriting. In this capacity, ensures that results for each specific line of business enhances overall profitability, growth and retention of BSUM's business and are consistent with all related underwriting initiatives. Ensure that results for each product line assigned supports the overall profitability, growth and retention of business and are consistent with all related underwriting initiatives. Develop and ensure effective utilization of detailed monitoring standards to assess underwriting results on production and loss results down to the account level (i.e., profitability analysis, quarterly loss trends, utilization/productivity, etc.) and takes corrective action as necessary. Assist in the maintenance of forms and rate filings for specific segment of business. This includes working with the state filings and actuarial/regulatory staff to prepare initial form and rate filings as well as subsequent related responses to Insurance Departments. Handle line of business referrals from Regional Vice Presidents, underwriters and program administrators in a professional & timely manner. Effectively mentor and coach marketing/underwriting staffs to ensure production, underwriting standards and profitability objectives are achieved. Analyze market needs and trends as they impact underwriting & marketing initiatives and provide competitor information to management & underwriting staff. Perform all related staff management functions as necessary and in response to expense management objectives. Develop and maintain effective relationships with internal resources (i.e., Claims, Operations, Systems, Reinsurance, etc.) to ensure delivery of all related services to clients. Develop and direct responsible training efforts to underwriters that are consistent with business strategies. Assist in conducting regional & program administrator annual underwriting audits. Verify the integrity of underwriting performance, along with staying current by conducting routine peer reviews files. Communicate and enhance the flow of internal operations and maintain communications with claim, actuarial and other supporting departments. Maintain an appropriate level of customer service. Qualifications 15 plus years of progressive commercial lines underwriting experience. CPCU designation Preferred. Demonstrated communication skills. Experience with utilizing available tools in risk selection, pricing and account management. Ability to travel 25% of the time in the performance of duties. Proficient in Excel, Word, Spreadsheets, PowerPoint and email systems. Education Requirements Bachelor's degree (Prefer in Risk Management or Environmental Sciences). Additional Company Details We do not accept any unsolicited resumes from external recruiting agencies or firms. We will consider remote work based on expertise and geographical location. The company offers a competitive compensation plan and robust benefits package for full time regular employees. The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role include: • Base Salary Range: $132,000 - 255,000 • Eligible to participate in annual discretionary bonus. • Benefits: Health, Dental, Vision, 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. Sponsorship Details Sponsorship not Offered for this Role

ref: (10525) 11 days ago

Back to search results

Featured Jobs

MORE JOBS LIKE THESE

VP, Product Line Manager job in Jersey City

Jersey City, New Jersey - NJ Berkley

Location

Description

Featured Jobs

JOBSEEKERS

EMPLOYERS

ABOUT PROACTUARY

POPULAR JOBS

ADDRESS

Registration Number