Life Sciences Underwriter
Naperville, IL - USA
Job Summary
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.
Company URL: role key within Berkley Life Sciences focuses on new business marketing and production as well as renewal underwriting and service for complex life sciences accounts. The position partners closely with a designated group of producers and places a strong emphasis on proactively soliciting opportunities and building long-term trusted relationships. Success in this role requires an advanced understanding of the admitted commercial property and casualty market strong analytical and underwriting skills and the ability to cultivate maintain and grow robust producer and client relationships that support sustained portfolio growth.
In strategic alliance with the AVP Territory Manager:
- Responsible for account solicitation risk selection and analysis including the corresponding documentation pricing and marketing of Berkley Life Sciences products and services for new and existing customers.
- Build strong relationships with and manage brokers to ensure you meet or exceed financial goals including growth profit retention and new business.
- Business development results for assigned book of business including finding and developing new producers to expand the teams opportunities within a specific region.
- Identify opportunities for account rounding.
- Provide technical support to producers and insureds.
- Stay current with all compliance procedural and workflow changes.
- Work collaboratively and effectively with underwriting associate operations legal home office underwriting risk management and claims.
- Engage in innovation initiatives product launches marketing campaigns and short-term projects as appropriate to contribute positively towards success of the overall team and company.
Qualifications
Education & Experience
- Bachelors degree or equivalent experience
- 5-7 years of commercial underwriting experience- preferably in life science space
Technical Skills and Competencies
- Customer Focus
- Results Driven
- Accountability
- 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 follow-through 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 strong established relationships with producers and know how to leverage those connections to grow and retain business.
- You have
- 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 preserve 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 in order to craft pricing and coverage that meet underwriting guidelines profitability models and customer needs
- Ability to travel up to 25% of the time including overnight travel
- Advanced proficiency with the Microsoft suite of products
Additional Company Details
The company offers a competitive compensation plan and robust benefits package for full time regular employees including:
Base Salary Range: 85k-$120k
Eligible to participate in annual discretionary bonus
Benefits include: Health dental vision dental life disability wellness paid time off 401(k) and profit-sharing 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.
Key Skills
About Company
Berkley is a leader in commercial lines insurance, with over 60+ specialized businesses - each with deep expertise in an industry, product, or regional niche.