Life Sciences Underwriting Associate
Life Sciences Underwriting Associate
Posted on :
18-05-2025
Employer Active
1 Vacancy
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Job Description
Company Details
W. R. Berkley Corporation is a Fortune 500 Company listed on the New York Stock Exchange. The Company is made up of dedicated and passionate people committed to delivering the highest quality insurance products and services to specialized markets worldwide.
Our culture is one of innovation creativity and teamwork. Our team is highly motivated passionate about our business and deeply experienced in developing and delivering product and service solutions in the life science marketplace. You will join a highly respected team of experienced successful professionals with deep expertise in this market as they build the company of the future.
At Berkley Life Sciences we insure the future of life science innovators today. We do so by serving as a preferred market for the life science industry around the globe offering a broad range of sophisticated property & casualty products and services designed to meet our customers individualized needs.
The company is an equal employment opportunity employer.
Berkley Life Sciences professionals cohesively respond to the unique challenges faced by our life science customers. We are looking for talented and dedicated professionals to join our team.
Responsibilities
This role a key contributor within the Berkley Life Sciences organization is responsible for the new business production renewal underwriting and service of business for an assigned group of producers and underwriters. This role works closely with every department to meet all compliance regulatory and service guidelines.
Key Functions/Duties of Position: Describe the overall job responsibilities (including any decisionmaking authority) for this position.
In strategic alliance with the Manager Our LSA will
Build strong relationships with internal and external customers and colleagues to ensure you meet or exceed financial goals including growth profit retention and new business.
Demonstrate the ability to negotiate and strategize and make sound underwriting decisions within authority.
Review all new line/endorsement submissions and stay within applicable binding authority
Drive renewal process review upcoming renewals work with producers to obtain and evaluate all underwriting information prepare for renewal for the Life Sciences Specialist
Manage assigned book to achieve budgeted rate retention and new business goals
Execute proper pricing components and rating methodologies.
Responsible for account solicitation risk selection research and analysis including the corresponding documentation and pricing and marketing of Berkley Life Sciences products and services for new and existing customers.
Analyze assess and select risks in accordance with BLS for account rounding goals.
Responds to coverage inquiries from producers.
Stay current with all compliance procedural and workflow changes.
Work collaboratively and effectively with underwriters operations legal home office underwriting and claims
Qualifications
Bachelors degree or equivalent experience
Minimum of 3 years of associate underwriting experience including products or property workers compensation and automobile
Claims made experience a plus.
Products Liability experience a plus
Life Sciences experience a plus
Qualifications: Include necessary skills/experience and core competencies required
Technical Skills and Competencies
Accountability
Communication
Customer Focus & Teamwork
Flexibility
Innovation and Initiative
Additional Qualifications
Exceptional oral and written communication skills. Your communication style is flexible to the situation. You communicate clearly and with a purpose
Calm under pressure. You have excellent organizational skills integrity and great followthrough on tasks. You are comfortable challenging norms while working collaboratively with colleagues at all levels of the organization
You have a strong sense of accountability fun and adventure
You have a proven track record of building and maintaining strong business relationships with insureds agents & brokers.
A strong customer service bias. You want to get to yes. You are known for your super responsiveness. You can say no and maintain your relationships.
Natural curiosity. You love learning how things work and you are always looking for innovative improvements
An analytical mind. You love to dive into the details of an account to craft pricing and coverage that meet underwriting guidelines profitability models and customer needs
Advanced proficiency with the Microsoft suite of products
The Company is an equal employment opportunity employer
Additional Company Details
We do not accept unsolicited resumes from third party recruiting agencies or firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees including:
Base Salary Range: 65k$85k Depending on Location and Experience
Eligible to participate in annual discretionary bonus
Benefits include: Health dental vision dental life disability wellness paid time off 401(k) and profitsharing plans
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.
The company offers a competitive compensation plan and robust benefits package for full time regular employees including:
Base Salary Range: 65k$85k Depending on Location and Experience
Eligible to participate in annual discretionary bonus
Benefits include: Health dental vision dental life disability wellness paid time off 401(k) and profitsharing plans
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
Required Experience:
IC
Employment Type
Unclear
Key Skills
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