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Berkley Life Sciences (a Berkley Company) company logo

Life Sciences Underwriter

Berkley Life Sciences (a Berkley Company)

Boston, MA

Full-time

Sales / Marketing, Finance / Banking / Insurance

Company Details

Berkley Life Sciences

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.

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.

The Company is an equal employment opportunity employer.

Responsibilities

This role, a key contributor within the Berkley Life Sciences organization, is responsible for supporting new business production and servicing of Emerging Account business for an assigned group of producers, while fostering strong producer partnerships and supporting overall growth.

This role is ideal for a developing underwriting professional who is eager to deepen technical expertise, work across multiple lines of coverage, and contribute to profitable portfolio growth in a dynamic and innovative industry segment.

Build strong relationships with brokers through service excellence to ensure you meet or exceed financial goals including growth, profit, retention, and new business.

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.

Key contributor to team’s business development results for assigned producers

Identify opportunities for account rounding

Provide technical support to producers and insureds

Stay current with all compliance, procedural and workflow changes.

Demonstrate continuous learning, including participation in underwriting training and life sciences industry education

Work collaboratively and effectively with underwriting teammates, operations, legal, home office underwriting and claims

Qualifications

Education

  • Bachelor’s degree or equivalent experience

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 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
  • Minimum of 2 years u nderwriting or associate underwriting experience in products liability, property, workers compensation, automobile and umbrella
  • Claims made experience a plus
  • Life Sciences Products Liability experience a plus
  • Travel opportunities, though primarily you will build relationships with your assigned producers through service excellence and reliability

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: 70k-$105k
  • 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.

Additional Requirements

Location and Travel:

  • Primary location: Ewing, NJ.
  • Additional locations: Naperville, IL; Boston, MA.
  • Travel: Travel opportunities, primarily to build relationships with assigned producers.

Sponsorship Details

Sponsorship not Offered for this Role

About the company

Company websiteFinancial Services and Insurance

Berkley Life Sciences insures the future of life science innovators today. We offer a full spectrum of property and casualty products tailored to the specific needs of the life science industry operating in a global marketplace. We serve life science customers of all sizes - from start-up research entities to industry-leading pharmaceutical, medical device and other manufacture and service organizations.

We are a member company of W. R. Berkley Corporation, one of the most respected names in the property casualty insurance business.

PRIMARY AND EXCESS LIABILITY: We offer LS Prime®, a customized, scalable and innovative insurance product suitable for life science customers of all sizes. Coverages offered include CGL; products & clinical trial liability; professional liability.

COMPREHENSIVE COMMERCIAL LS Prime® PACKAGE: A “one stop” option for the life sciences’ middle market. Includes commercial package, inland marine, automobile, workers’ comp & umbrella.

GLOBAL IN SCOPE: Our innovative products are designed to protect our life science customers and their employees engaged in global operations, and include foreign workers’ voluntary compensation, international employers’ liability and repatriation. International admitted policies, including clinical trial liability cover, are underwritten by W. R. Berkley Syndicate 1967, Lloyd’s of London. Lloyd’s has the ability to provide admitted cover in over 40 countries worldwide.

To learn more go to http://bit.ly/berkleyls