This role, a key contributor within the Berkley Life Sciences organization, is responsible for the new business production, renewal underwriting and service of business for an assigned group of producers and underwriters. This role works closely with every department to meet all compliance, regulatory and service guidelines.
Key Functions/Duties of Position: Describe the overall job responsibilities (including any decision-making authority) for this position.
In strategic alliance with the Manager, Our LSA will
• Build strong relationships with internal and external customers and colleagues to ensure you meet or exceed financial goals including growth, profit, retention, and new business.
• Demonstrate the ability to negotiate and strategize and make sound underwriting decisions within authority.
• Review all new line/endorsement submissions and stay within applicable binding authority
• Drive renewal process, review upcoming renewals, work with producers to obtain and evaluate all underwriting information, prepare for renewal for the Life Sciences Specialist
• Manage assigned book to achieve budgeted rate, retention and new business goals
• Execute proper pricing components and rating methodologies.
• Responsible for account solicitation, risk selection, research and analysis including the corresponding documentation and pricing, and marketing of Berkley Life Sciences products and services for new and existing customers.
• Analyze, assess and select risks in accordance with BLS for account rounding goals.
• Responds to coverage inquiries from producers.
• Stay current with all compliance, procedural and workflow changes.
• Work collaboratively and effectively with underwriters, operations, legal, home office underwriting and claims