Underwriter / Senior Underwriter Commercial D&O Munich, Germany

Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for an Underwriter or Senior Underwriter based in our German office in Munich or Frankfurt to join the Executive & Professional lines team, with a focus on insurance solutions for Commercial D&O. 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 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?

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 commercial D&O 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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