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Life Sciences Underwriter

Role overview

Qualifications

  • Bachelor's degree or equivalent experience; 5-7+ years of commercial underwriting experience, preferably in life sciences.
  • Exceptional oral and written communication skills; ability to adapt communication style and remain calm under pressure.
  • Proven ability to build and maintain relationships with producers, insureds, agents/brokers and deliver high-level customer service.
  • Analytical mindset with ability to craft pricing and coverage aligned with underwriting guidelines, profitability models and customer needs; willing to travel up to 25%; advanced Microsoft Office proficiency.

Responsibilities

  • Lead account solicitation, risk selection and analysis including documentation, pricing and marketing of Berkley Life Sciences products and services for new and existing customers.
  • Build strong broker relationships and manage brokers to meet or exceed financial goals including growth, profit, retention and new business.
  • Drive business development for the assigned book by identifying opportunities for account rounding, finding and developing new producers to expand regional opportunities, and providing technical support to producers and insureds.
  • Stay current with compliance, procedural and workflow changes; collaborate with underwriting, operations, legal, risk management and claims; participate in innovation initiatives, product launches, marketing campaigns and short-term projects.

Key facts

  • Remote from: Illinois (USA), Indiana (USA), Massachusetts (USA), New Jersey (USA), Oregon (USA)
  • Full time
  • Senior (5-10 years)
  • Underwriter
  • English

Other skills

  • Analytical Skills
  • Calmness Under Pressure
  • Accountability
  • Success Driven
  • Teamwork
  • Personal Integrity
  • Customer Service
  • Organizational Skills
  • Intellectual Curiosity
  • Dynamic Communication
  • Verbal Communication Skills
  • Relationship Building
  • Diplomacy
  • Innovation

About the company

Berkley logo

Berkley

IT Services & IT Consulting

Berkley Technology Services (BTS) is a dynamic company committed to providing world class IT services. We offer a unique culture, enabling our team members to be on the cutting edge of technology while delivering high quality solutions. We are looking for outstanding individuals who will bring unique perspectives, insight and innovation to our teams. BTS, a member company of W. R. Berkley Corporation, has facilities located in Des Moines, Iowa and Wilmington, Delaware. Our functions include working with various third parties to develop, integrate, and support insurance systems of WRBC's operating units. BTS strives to provide these functions in a holistic manner including helpdesk support, system connectivity, and operational support. Additional responsibilities include coordinating communications regarding best practices in the use of our supported systems and researching new technology. At BTS, there are opportunities associated with being a part of an established and empowering corporation while maintaining a positive personal working environment. Additionally, we provide a competitive compensation and benefits package including a casual dress code. BTS is constantly growing and expanding to meet the changing demands of one of the most successful insurance organizations in the world. If you are ready to jump start your career, BTS is the place for you.

Company details

Company typeSME
IndustryIT Services & IT Consulting
Company size201 - 500

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Job description

Company Details:

Berkley_Life_Sciences_Logo

 

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:   https://berkleyls.com/

Responsibilities:

This 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 team’s 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

  • Bachelor’s 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: 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: 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.

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Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
linkedin.com/in/marcusrivera
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