Job Description

Chicago, IL

Salary: $70,000.00 Annually

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 cultureand history.

Job Opportunity: 

BHSI has an exciting opportunity for an Associate Underwriter to join the Inland Marine underwriting team in our Chicago office. Join the Marine team as you’ll get to work with a highly collaborative and close-knit underwriting team. This is a great environment for you to start your underwriting career in the Property & Casualty insurance industry and work with a knowledgeable team with deep expertise in Marine.

As an Associate Underwriter, you will be working very closely with our underwriters to pre-qualify new business, analyze Motor Truck Cargo exposures, and leverage experience and expertise to make sound underwriting decisions. You will develop an understanding of the team’s appetite and Marine Insurance policy wordings and ultimately support the team in reviewing and issuing documents. This position will also offer opportunities to build relationships with key brokers and customers.

Duties & Responsibilities:

• Review submission documents including but not limited to plans, project timelines, and site details to structure insurance terms.
• Work directly with brokers, and senior underwriters to assess risk profiles.
• Learn underwriting principles and deal structuring on the job.

Qualifications, Skills & Experience:

• 0-2 years of work experience; recent graduates and entry-level candidates are encouraged to apply.
• Strong verbal and written communication skills.
• Energetic, proactive, and comfortable managing multiple tasks simultaneously.
• Strong organizational and time management abilities.
• Willingness to learn, take initiative, and respond to constructive feedback.

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.
• Benefits that support your life and well-being, which include:

• • Comprehensive Health, Dental and Vision benefits
  • Disability Insurance (both short-term and long-term)
  • Life Insurance (for you and your family)
  • Accidental Death & Dismemberment Insurance (for you and your family)
  • Flexible Spending Accounts
  • Health Reimbursement Account
  • Employee Assistance Program
  • Retirement Savings 401(k) Plan with Company Match
  • Generous holiday and Paid Time Off
  • Tuition Reimbursement
  • Paid Parental Leave

The base salary range for this position in Chicago is $70,000, along with annual bonus eligibility. Total compensation for a candidate is determined by their relevant skills, location, and experience. We value our teammates – both their capabilities and character – as demonstrated by our amazing culture.

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.

Clicking apply will direct you to our recruiting module within ADP.

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