Senior Underwriter, Motor

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?

Learn more about our unique culture and history
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Job Opportunity:

Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for a Senior Underwriter to join our Marine team based in Sydney. This role will be initially responsible for managing our Heavy Motor program, including managing stakeholder relationship, portfolio management, account underwriting and underwriting referrals. This role requires a high level of visibility and collaboration with our Programs, Claims, Actuarial and Operations teams regarding pricing, loss ratios and program metrics.

A background in Commercial or Heavy Motor is preferable, however if you are someone who has experience in product development or portfolio management and has passion for service excellence, we are interested in having a discussion with you. The successful candidate will be focused on building a positive partnership with our program partner whilst maintaining sound underwriting discipline as well enjoy working in a fast-paced, bottom line-oriented environment.

Duties & Responsibilities:

Responsibilities include, but are not limited to:

• Support our program partner and take the lead in developing strategy for engagement, growth and profitability
• Manage underwriting referrals from partners providing clarification, training and understanding of our risk appetite
• Develop guideline and authority levels for the program partner
• Develop and build future offerings, contributing towards the growth of the Marine book of business
• Collaborate with the following functional areas to onboard and manage existing programs: Operations to develop operational standards with regard to policy management, premium/cash flow management and bordereaux management; Actuarial to develop pricing and monitor profitability; Legal to draft and develop contracts, policy forms and endorsements; to establish compliance standards; and Claims in the servicing of our claims proposition
• Lead program audits (both annually and 90 day)
• Manage escalations from partners to the best outcome
• Provide monthly reporting updates and analysis for the quarterly business reviews
• Contribute to the development or modification of policy coverage

Qualifications, Skills and Experience:

• At least 10 years of Insurance experience
• Underwriting experience is required; preference for knowledge and understanding of Motor risks
• Experience or demonstrated capability in stakeholder management both internal and external
• Strong communication skills including negotiation, communication, and presentation experience
• Strong collaboration and team building skills

BHSI Offers:

• A competitive package and exciting growth opportunities for career-oriented teammate.
• 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.

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.