Claims Trainee - W.R. Berkley Corporation : Job Details

Company Details

Berkley Southeast Insurance Group (BSIG) is a member company of W. R. Berkley Corporation, a Fortune 500 Company, whose insurance company subsidiaries are rated A+(Superior) by A. M. Best Company. BSIG provides local underwriting, risk services, claim, marketing and audit services for agents and policyholders in Alabama, Georgia, Mississippi, South Carolina, North Carolina and Tennessee. We take a broad approach to underwriting for 'best in class' businesses, primarily in: construction, light manufacturing, wholesale, distribution and business service industries.

Company URL: www.berkleysig.com

Responsibilities

As a Claims Trainee, you will participate in a training program that will combine coursework, classroom and on-the- job training. You will be actively learning about property & casualty products, underwriting philosophy, and strategies. Claims Trainees will spend time in other departments such as Underwriting, Actuarial, Risk Management, Premium Audit and Sales to gain a more complete understanding of insurance operations. Claims Trainees will begin to establish relationships and develop entry level sales and marketing skills.

Key functions include but are not limited to the following:

* Learn the property, casualty products and how to underwrite those products for the BSIG unit (risk assessment, regulatory compliance, financial analysis and develop decision making skills)

* Learn the workflows, guidelines and processing steps within the business unit

* Assist in underwriting and pricing accounts in accordance with business strategies. Formulate and communicate recommendations based on learned underwriting skills

* Learn to interact and collaborate with colleagues in the business unit

* Gain an understanding of key business unit strategies and how the strategies are incorporated in the overall corporate strategies

* Develop employee relationships throughout the Berkley Southeast organization to include Leadership and other department managers

* Learn how to perform a financial analysis on the audited/reviewed financials or other financial information of insures using appropriate tools

* Create and solicit renewal applications from the broker after reviewing the expiring policy and loss information. Communicate with the broker what is needed for the renewal and any changes to the terms and conditions of the policy

* Underwrite endorsement requests from brokers and forward to the underwriting assistant to issue

* Develop marketing skills with our agents, brokers and clients

* Develop strong customer service skills

* Assist underwriters in processing renewals, new business and endorsements

* Continue educational courses through The Institutes towards a CPCU or AU designation.

Qualifications

* Bachelor's degree or higher (Prefer in Risk Management, Business, Finance or other related disciplines)

* Internship or insurance work experience preferred

* Strong oral and written communication skills

* Demonstrated excellence in Customer Service

* Ability to work independently & collaboratively, while handling multiple tasks in a dynamic fast paced environment

* Detailed orientated, Problem Solver with strong interpersonal skills

* Proficient in Excel, Word, Spreadsheets, PowerPoint and email systems.

* Be self-reliant & motivated

* The Company is an equal employment opportunity employer.

Additional Company Details

We do not accept any unsolicited resumes from external recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees. 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.

Sponsorship Details

Sponsorship not Offered for this Role Responsibilities As a Claims Trainee, you will participate in a training program that will combine coursework, classroom and on-the- job training. You will be actively learning about property & casualty products, underwriting philosophy, and strategies. Claims Trainees will spend time in other departments such as Underwriting, Actuarial, Risk Management, Premium Audit and Sales to gain a more complete understanding of insurance operations. Claims Trainees will begin to establish relationships and develop entry level sales and marketing skills. Key functions include but are not limited to the following: Learn the property, casualty products and how to underwrite those products for the BSIG unit (risk assessment, regulatory compliance, financial analysis and develop decision making skills) Learn the workflows, guidelines and processing steps within the business unit Assist in underwriting and pricing accounts in accordance with business strategies. Formulate and communicate recommendations based on learned underwriting skills Learn to interact and collaborate with colleagues in the business unit Gain an understanding of key business unit strategies and how the strategies are incorporated in the overall corporate strategies Develop employee relationships throughout the Berkley Southeast organization to include Leadership and other department managers Learn how to perform a financial analysis on the audited/reviewed financials or other financial information of insures using appropriate tools Create and solicit renewal applications from the broker after reviewing the expiring policy and loss information. Communicate with the broker what is needed for the renewal and any changes to the terms and conditions of the policy Underwrite endorsement requests from brokers and forward to the underwriting assistant to issue Develop marketing skills with our agents, brokers and clients Develop strong customer service skills Assist underwriters in processing renewals, new business and endorsements Continue educational courses through The Institutes towards a CPCU or AU designation.