Senior Underwriter, Financial Institutions
CHICAGO, ILPosted 30+ days ago
Job summary
Job post source
This job is directly from Berkshire Hathaway Specialty Insurance
Job overview
The Senior Underwriter for Financial Institutions at Berkshire Hathaway Specialty Insurance will focus on developing broker relationships and managing a portfolio of business in the Executive and Professional Liability division.
Responsibilities and impact
Daily responsibilities include managing a book of business, expanding broker and customer relationships, underwriting complex risks, and effectively communicating the company's value proposition.
Compensation and benefits
The salary range for this position is $100K - 150K, with annual bonus eligibility and comprehensive health, dental, vision benefits, retirement savings plan, and generous paid time off.
Experience and skills
Candidates should have 3 to 7 years of experience in underwriting or broking financial lines, a strong understanding of financial analysis, and excellent communication and negotiation skills.
Career development
The position offers exciting growth opportunities in a dynamic environment that emphasizes individual excellence and teamwork.
Work environment and culture
BHSI promotes a values-based culture centered on respect, integrity, and collaboration, fostering an inclusive environment for all team members.
Company information
Berkshire Hathaway Specialty Insurance is a trusted insurance partner providing a broad range of commercial insurance coverages with a commitment to outstanding service and a strong brand reputation.
Team overview
The candidate will join a team of highly experienced professionals focused on efficiency and outstanding service in the insurance business.
Job location and travel
The position is based in the Chicago office, with responsibilities involving marketing and production calls with brokers and clients in the Central and West regions.
Unique job features
The role includes unique opportunities to develop creative solutions for complex risks while collaborating with teammates across various product lines.
Company overview
Berkshire Hathaway Specialty Insurance (BHSI) provides commercial property, casualty, healthcare professional liability, executive and professional lines, and surety insurance. They generate revenue through premiums collected from policyholders and investment income from their substantial capital reserves. Founded in 2013 as a subsidiary of Berkshire Hathaway, BHSI benefits from the financial strength and stability of its parent company, which is led by renowned investor Warren Buffett. The company is known for its strong underwriting discipline and customer-centric approach.
How to land this job
Position your resume to highlight your experience in underwriting or broking financial lines, emphasizing your understanding of complex risks and financial analysis, which are key requirements for the Senior Underwriter role at Berkshire Hathaway Specialty Insurance.
Emphasize your skills in developing broker relationships, managing a portfolio, and your ability to communicate BHSI’s value proposition effectively, as these are crucial aspects of the job.
Apply through multiple channels including the Berkshire Hathaway Specialty Insurance corporate site and LinkedIn to maximize your visibility and chances of being noticed for the position.
Connect with professionals in the Executive and Professional Liability division at BHSI on LinkedIn to inquire about the position. Use ice breakers such as asking about their experience with the company culture or inquiring about specific projects within the Financial Institutions team.
Optimize your resume for ATS systems by incorporating relevant keywords from the job description, such as 'financial analysis,' 'underwriting,' and specific coverage types like 'Directors and Officers Liability' to improve your chances of passing initial screenings.
Utilizing Jennie Johnson's Power Apply feature can streamline your application process, ensuring your resume is tailored for the position and helping you identify the best channels and connections for networking, allowing you to focus more on your job search strategy.
Jennie Johnson works for you!
Here’s what we do to make sure you’re successful:
Targeted Resume Revamp:
We expertly craft your resume to navigate Applicant Tracking Systems (ATS) and showcase your qualifications, making you stand out as a top-tier candidate.
Job Description Dissection:
Unpack the job posting with expert analysis, ensuring your application hits every key requirement.
Bespoke Cover Letter:
Capture the attention of hiring managers with a personalized cover letter that highlights how your skills align perfectly with the job's needs.
Interview Mastery:
Prepare for interviews like a pro with likely questions, strategic answers, and insightful questions for you to ask, setting you apart as an informed candidate.
Direct Application Insights:
Receive tailored advice on the best places to apply, ensuring your applications are seen by the right employers.
Skills and Gaps Assessment:
Identify and close critical skills gaps to position yourself as the best-fit candidate for your ideal job.
Personalized Email Pitch:
Make a memorable first impression with an email template crafted to engage potential employers and initiate meaningful conversations.
In-depth Research Guide:
Leverage comprehensive research tools to gather effective insights on companies, industry trends, and role-specific challenges.
Detailed Company Analysis:
Gain in-depth understanding of your prospective employer, giving you the edge in applications and interviews.
Strategic Candidate Overview:
Understand your unique value and why companies would want to interview you, highlighting your background and positioning.