Builder's Risk Senior Underwriter/Assistant Vice President
Job Description
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 together with an outstanding service to customers and brokers around the world. As 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 Opportunities
BHSI has an exciting opportunity for an Underwriter to join our Builder’s Risk team focused on underwriting property construction business in the United States. The candidate would ideally be based alongside our existing team located in Boston MA, New York City NY, Atlanta GA, Houston TX or Plymouth Meeting PA.
We are seeking a highly motivated, hardworking and capable individual who is passionate and committed to excellence. The successful candidate will demonstrate strong written and verbal communication skills, solid analytical abilities, and the confidence to work both independently and collaboratively across all levels and disciplines.
This role partners across the organization to originate, evaluate and execute new business opportunities, with ownership of underwriting decisions and portfolio performance. This is a highly market-facing role demanding strong character, credibility, and advanced relationship-building and negotiation skills. The role carries a high degree of accountability, supported by rigorous data management. The successful candidate will consistently deliver exceptional customer experience while upholding BHSI’s underwriting discipline. They will bring a strong technical and inquisitive mindset, along with a genuine commitment to long-term success at BHSI.
Duties & Responsibilities
- Underwrite within defined authority and build technical expertise, escalating complex risks as needed
- Act and operate with integrity and respect while always seeking to achieve an underwriting profit
- Analyze natural catastrophe exposures and evaluate peril modelling and pricing
- Support and continue to develop upon our existing broker and customer relationships
- Operate in a fast-paced environment with the ability to multi-task and prioritize
- Travel within the United States
Qualifications, Skills and Experience
- Minimum 5 years’ experience in the Builder’s Risk insurance market with a strong commitment to an underwriting career with BHSI
- Motivated self-starter with a desire to collaborate and work within a wider transatlantic US/UK team
- Thoughtful communicator with strong listening skills and ability to focus on critically evaluating proposals
- Demonstrate a strong underwriting foundation with a keen attention to detail and commitment to excellence and professionalism.
- Proficient in reviewing quotations and issuing policies together with a basic understanding of natural catastrophe peril modelling and pricing for multi-year construction policies
- Willing to travel on business as required
- BA/BS degree qualified. Engineering degree a plus.
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 for this position ranges from $125,000 to $165,000 along with annual bonus eligibility being in addition; a candidate’s salary is determined by their relevant skills 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 organisation.