Berkley Small Business Solutions (BSB) is committed to providing small business customers with the next generation of small business solutions, including offering operational, underwriting, and marketing opportunities. We offer insurance products to Small Business Owners for transportation and other main street businesses. We leverage underwriting expertise, data, and analytics, and automation for risk assessment, selection, pricing retention. We champion our customers, distribution always seeking a smarter way to provide a more efficient and better user experience.
We are a proud member of W. R. Berkley Corporation, one of the largest commercial lines property casualty insurance holding companies in the United States. With the resources of a large Fortune 500® corporation and the flexibility of a small company, we exclusively work with select independent agents to bring technology solutions that help them build their business.
ResponsibilitiesThis position would be responsible for contributing to the development of the company strategy and implementation with specific responsibility for managing the distribution system.
Implement formal prospecting plan and evaluate prospective agents and brokers; make recommendations based on Company goals and objectivesDevelop and expand both wholesale and retail agency distribution networksRecommend new programs, products and/or lines of business and evaluate for potential profitabilityCommunicate preferred underwriting appetite as well as new products/services/coverages to agents and brokersBuild long-term relationships with key agencies, insureds and industry associationsMonitor agents and brokers against objectives relative to profitability, production, and service performance; consult with Underwriting and recommend appointments and terminationsMaintain agency/broker contracts per guidelinesMonitor competitor and industry landscape; provide reports on trends and activities in the marketplaceWork closely with Underwriting to make informed, data driven decisionsCreate and distribute marketing material as appropriateOversee all advertising and promotional endeavors on behalf of the Company; manage marketing/advertising budgetHost visiting agents and brokers; set itineraries and ensure that respective Company personnel are involved as appropriateMay perform other functions as assigned
Qualifications 5+ years of related commercial insurance experienceProficiency and understanding of the Property & Casualty insurance industry and market dynamicsExcellent organizational skills while working on multiple project initiatives, managing schedules and meeting deadlinesAdvanced logical, analytical and reasoning abilities with close attention to detailExperience working in a large, matrixed environment where leadership, co-workers and necessary resources come from different geographical regionsEntrepreneurial and Creative approach to challenges and opportunities
Education
College degree or equivalent experience Additional Company Details The company offers a competitive compensation plan and robust benefits package for full time regular employees including:• Base Salary Range: $89k - $165k
• Eligible to participate in annual discretionary bonus
• Benefits include Health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plans
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
The application window for this role is estimated to be open through February 15, 2025, but may be extended, if necessary, please submit your application as soon as possible prior to February 15, 2025.
We do not accept unsolicited resumes from third party recruiting agencies or firms. Additional Requirements Travel: 30-50% Sponsorship Details Sponsorship not Offered for this Role Connect With Us! Not ready to apply? Connect with us for general consideration.