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 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:

BHSI has an exciting opportunity for an experienced underwriter to join the Excess & Surplus Lines U.S. Homeowners team in the Boston office location. The ideal candidate has experience with Homeowners underwriting, analytics or pricing experience, preferably in a surplus lines environment. We seek an individual who understands the innerworkings of a profit & loss statement (P&L) and has strong portfolio management skills.

Depending on relevant skills and experience, we are open to hiring this individual at either the Assistant Vice President (AVP) or Vice President (VP) level.

Duties & Responsibilities:

• Responsible for the management and profitable growth of the Excess & Surplus Lines U.S. Homeowners program book of business.
• Assist with the development of underwriting appetite, guidelines, pricing, and policy forms for new program opportunities.
• Perform annual underwriting audits on existing Homeowners programs.
• Proactively interact and maintain relationships with Program Administrator partners and intermediaries.
• Identify and develop new Homeowners program pipelines and manage renewal retention to meet and exceed financial plans.
• Actively manage the evaluation, selection, and pricing of Homeowners portfolio.
• Collaborate with Claims and Legal teams to evaluate and update coverage forms; Operations and Legal teams to develop operational and compliance standards.
• Create, evaluate, and interpret data from various reports and adjust the portfolio accordingly.
• Be a positive reflection on the company by demonstrating integrity and leadership in the marketplace.

Qualifications, Skills and Experience:

• Minimum 10 years of prior U.S. Homeowners experience with an insurance carrier.
• Technical underwriting or pricing skill set with expertise in Homeowners line of business.
• Experience and understanding of Homeowners pricing and policy forms.
• Strong verbal and written communication skills.
• Excellent analytical and organizational skills.
• Advanced Excel skills.

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 $150,000 to $200,000, 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.