Associate Underwriter - Senior Underwriter, Life Sciences

James River Insurance • Richmond, VA

123d

About The Position

James River Insurance is seeking candidates for its Life Sciences underwriting division and will consider hiring at the Associate Underwriter, Underwriter, Senior Underwriter, Underwriting Specialist and Executive Underwriter levels. The successful candidate will be responsible for reviewing and analyzing underwriting data in order to determine if risks meet corporate underwriting standards, calculating appropriate premium, determining proper terms for acceptable risks, and responding to brokers when risks do not meet underwriting guidelines. The candidate will also be responsible for developing and maintaining profitable business relationships with brokers.

Requirements

• Ability to effectively and properly select, evaluate, model, determine coverage, rate, document, quote and bind accounts
• Ability to effectively assess risk
• Excellent verbal and written communication skills
• Ability to work independently or in a team environment to complete assignments within the parameters of instructions given, prescribed processes and standard accepted underwriting practices
• Solid knowledge of underwriting philosophy and techniques
• Proven problem solving and decision making skills
• Strong negotiation skills
• Ability to multi-task
• High level of initiative and motivation
• Strong work ethic with a drive to succeed
• Solid customer service and relationship building skills
• Proficiency in MS Office (Word, Excel, Outlook) and Internet researching

Nice To Haves

• Industry associated classes or courses preferred
• Preferably pursuing courses toward professional designations or continuing education
• Professional designation is preferred

Responsibilities

• Continuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer Service
• Analyze new business opportunities and develop renewal strategies
• Attain quote, premium and division goals as assigned
• Develop and maintain strong relationships with brokers
• Use critical thinking and problem solving skills to negotiate with brokers on placements
• Assist the Underwriting Manager/Division Manager with training, mentoring and on-boarding of new employees
• Travel to meet with brokers within assigned territory at least three times per year
• Other duties as assigned

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 251-500 employees