Berkley Construction Solutions (a Berkley Company)→
Junior Underwriter at Berkley… · Chicago
Entry LevelOn-siteFull-timeChicago, IL$60k–$90k/yr
Skills
commercial underwriting principlesrisk evaluationtechnology-enabled underwritingdata analyticsautomation toolsinterest in excess casualtylearning aptitudeinsurance designations auinsurance designations cpcutime-management skills
Job Description
Summary: Berkley Construction Solutions (BCS) offers lead and excess liability capacity to the commercial construction industry. The Junior Underwriter role is an early-career position responsible for evaluating, selecting, and pricing excess casualty construction risks while leveraging advanced underwriting systems and technology.
Responsibilities:
- Evaluate new and renewal excess casualty construction submissions using BCS’s underwriting systems, workflow tools, and integrated data sources
- Leverage AI‑enabled submission intake, data enrichment, and risk scoring tools to support underwriting analysis and decision‑making
- Review system‑generated insights, alerts, and data outputs to validate risk information and identify items requiring underwriting judgment
- Prepare underwriting recommendations, pricing inputs, and coverage terms within established guidelines and authority
- Support efficient quote‑to‑bind execution by utilizing intuitive, technology‑driven underwriting workflows
- Maintain accurate underwriting files and documentation within core underwriting and analytics platforms
- Collaborate with Operations, Technology, Claims, and Finance teams to ensure data accuracy and workflow adherence
- Adhere to underwriting governance, authority structures, and system controls designed to ensure consistency and compliance
- Support continuous improvement initiatives by providing feedback on underwriting tools and processes
- Perform other duties as assigned
Required Qualifications:
- Bachelor's degree required
- 0–3 years of related underwriting, insurance, or financial services experience (or equivalent combination of education and experience)
- Foundational understanding of commercial underwriting principles and risk evaluation
- Strong comfort working in technology‑enabled underwriting environments
- Ability to interpret and apply system‑generated data, analytics, and AI‑driven insights
- Demonstrated aptitude for learning underwriting concepts, systems, workflows, and automation tools
- Strong analytical, organizational, and time‑management skills
- Effective written and verbal communication skills
- Interest in developing expertise in excess casualty and construction underwriting
- Ability to travel 20%
Preferred Qualifications:
- Progress toward insurance designations (AU, CPCU) preferred but not required
Required Skills: Commercial underwriting principles, Risk evaluation, Technology-enabled underwriting
Important Skills: Data analytics, Automation tools
Nice-to-Have Skills: Interest in excess casualty, Learning aptitude, Insurance designations AU, Insurance designations CPCU, Time-management skills
Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k), Profit-Sharing plans
Benefits
Health
Dental
Vision
Life
Disability
Wellness
Paid Time Off
401(k)
Profit-Sharing plans