Life Sciences Risk Management Trainee

BerkleyEwing, NJ
7d$70,000Onsite

About The Position

Under the guidance of the Risk Management team, the Life Sciences Risk Management Trainee will play a key role in supporting the underwriting team by evaluating operational risks for the companies we serve and educating customers on effective risk management strategies. This position is highly technical and requires the ability to analyze complex scientific and engineering aspects of life science products and operations, assessing their impact on quality, safety, and business continuity. As an entry-level role, this position offers a comprehensive introduction to property and casualty risk management within the life sciences sector. You will gain hands-on experience, receive structured training, and develop essential skills for a successful career in the field. The program includes participation in WRB Trainee School in Westbrook, Maine, along with a minimum of 12 months of internal field training and external coursework. The candidate will be based in the Ewing, NJ office for the duration of the training program. Upon completion, they will be expected to relocate to a region of the country where coverage is needed. The candidate will have flexibility in choosing their relocation area, which may include—but is not limited to—the Southeast (e.g., Atlanta, Charlotte), Northeast (e.g., Boston, Worcester, Portland), or Midwest (e.g., Chicago, Minneapolis, Dallas).

Requirements

  • Bachelor’s degree in a STEM field (e.g., biology, engineering, natural sciences, etc.)
  • 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.
  • 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
  • You are open-minded, looking for the best result. You treat team members with respect and value their contributions.
  • You are inclusive, committed to working together to achieve common goals.
  • Demonstrated ability to achieve results by setting goals, prioritizing tasks and staying accountable to stakeholder

Responsibilities

  • Risk Assessment: Assist in evaluating risks associated with life science companies, including laboratories, pharmaceutical firms, and medical device manufacturers.
  • Marketing: Meet with clients and brokers to provide risk management consultations and in doing so market Berkley Life Sciences expertise.
  • Underwriting Support: Aid in the articulation of complex problems and their impact on risk so that underwriters can develop underwriting programs for our insured’s.
  • Data Analysis: Collect, analyze, and interpret data related to product safety, and quality compliance
  • Client Interaction: Support the team in communicating with clients and brokers to gather necessary information and address queries.
  • Compliance: Ensure that all risk management practices comply with company policies, industry regulations, and legal requirements.
  • Training and Development: Participate in training programs to build expertise in life science property and casualty risk management
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