Life Sciences Underwriter

Berkley•Naperville, IL

6d•$95,000 - $120,000•Onsite

About The Position

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 across assigned producers. These producers may span geographic territories. Success in this role requires a deep understanding of the life sciences industry, strong analytical skills, and the ability to build and maintain robust relationships with clients and brokers. In strategic alliance with the VP Underwriting Manager, the role is 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. It involves building strong relationships with and managing brokers to ensure financial goals including growth, profit, retention, and new business are met or exceeded. Business development results for the assigned book of business, including finding and developing new producers to expand opportunities within a specific region, are crucial. The role also involves identifying opportunities for account rounding, providing technical support to producers and insureds, and staying current with all compliance, procedural, and workflow changes. Collaboration with underwriting associates, operations, legal, home office underwriting, risk management, and claims is essential. The role also engages in innovation initiatives, product launches, marketing campaigns, and short-term projects to contribute positively to the overall team and company success.

Requirements

Bachelor’s degree or equivalent experience
Minimum of 5 years of underwriting experience including products
Life Science Products Liability experience preferred
Claims made experience a plus
Relationship & Personal Leadership
Technical & Job Effectiveness
Innovation and Initiative
Excellent time management
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 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 50% of the time, including overnight travel
Advanced proficiency with the Microsoft suite of products

Nice To Haves

Life Science Products Liability experience preferred
While Life Sciences experience is valued, it is not required. We welcome candidates with strong underwriting experience from other industry segments and will provide the training and support needed to build expertise in the Life Sciences market.

Responsibilities

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.