W. R. Berkley Corporation

Business Development Manager

W. R. Berkley Corporation

full-time

Posted on:

Location: Arizona, Colorado • 🇺🇸 United States

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Salary

💰 $99,000 - $150,000 per year

Job Level

Mid-LevelSenior

About the role

  • This 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 objectives
  • Develop and expand both wholesale and retail agency distribution networks
  • Recommend new programs, products and/or lines of business and evaluate for potential profitability
  • Communicate preferred underwriting appetite as well as new products/services/coverages to agents and brokers
  • Build long-term relationships with key agencies, insureds and industry associations
  • Monitor agents and brokers against objectives relative to profitability, production, and service performance; consult with Underwriting and recommend appointments and terminations
  • Maintain agency/broker contracts per guidelines
  • Monitor competitor and industry landscape; provide reports on trends and activities in the marketplace
  • Work closely with Underwriting to make informed, data driven decisions
  • Create and distribute marketing material as appropriate
  • Oversee all advertising and promotional endeavors on behalf of the Company; manage marketing/advertising budget
  • Host visiting agents and brokers; set itineraries and ensure that respective Company personnel are involved as appropriate
  • May perform other functions as assigned
  • This role supports the Western region of the continental U.S.
  • We welcome remote applicants currently residing in Texas, Colorado, Arizona, or Nevada.

Requirements

  • 5+ years of related commercial insurance experience
  • Proficiency and understanding of the Property & Casualty insurance industry and market dynamics
  • Excellent organizational skills while working on multiple project initiatives, managing schedules and meeting deadlines
  • Advanced logical, analytical and reasoning abilities with close attention to detail
  • Experience working in a large, matrixed environment where leadership, co-workers and necessary resources come from different geographical regions
  • Entrepreneurial and Creative approach to challenges and opportunities
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