Underwriter/Senior Underwriter Commercial & Financial Institution

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?

Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for an Underwriter or Senior Underwriter based in our German office in Cologne, Munich, Frankfurt or Hamburg to join the Executive & Professional lines team, with a focus on insurance solutions for Commercial and Financial Institutions. Day-to-day responsibilities of this role include, developing business within Germany across all relevant distribution channels, prequalifying accounts, utilizing underwriting acumen to select risks within company’s risk appetite and expanding and developing new business opportunities through production & marketing calls with brokers and customers.

We are seeking an individual who is energized, passionate and who is always striving towards excellence. You should be comfortable working closely with actuaries, the Claims team and underwriters from across the broader team. In addition, necessary character, relationship building and negotiating skills to help lead and further build a profitable book of business are of the upmost importance. The successful candidate will be focused on a positive customer experience, while maintaining sound underwriting discipline. This position is a great fit for an experienced Underwriter looking to expand their responsibilities and underwriting knowledge with an experienced and well-regarded unit within a top global insurance company.

Duties & Responsibilities

Grow and develop a profitable book of COM/FI business
Establish, develop, and expand broker and customer relationships
Underwrite assigned accounts while ensuring appropriate analysis and documentation
Work in a fast-paced, bottom line-oriented environment, multi-task, and make quick decisions while maintaining underwriting integrity
Maintain awareness of the competitive environment and risk profile of their assigned region
Effectively communicate BHSI value proposition and demonstrate leadership in the region

Qualifications, Skills and Experience

3+ years of financial lines underwriting experience
Existing broker and customer relationships, or the ability to develop strong broker and customer relationships quickly
Strong underwriting acumen, including understanding of the legal environment to directors’ and officers’ liability and financial analysis skills with an ability to assess the profitability, solvency and liquidity of any organization
Experience and solid understanding of policy forms, including broker manuscripts; it’s coverage intent, structure and application
Ability to work independently within a Team Environment
Strong collaboration and team building skills
Strong communication skills including negotiation, communications and presentation experience
Degree or equivalent education, and/or strong insurance qualifications.
Fluency in German and English
Some travel will be required

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

To apply, please submit your CV with a cover letter outlining why this would be the perfect role for you to

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

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BERKSHIRE HATHAWAY SPEC INS