Berkley

Executive Underwriter

Location Name NJ, Ewing - 200 Princeton S
ID
2022-8083
Date Posted
2 months ago(4/4/2023 10:32 AM)
Company
Berkley Life Sciences
Primary Location
US-NJ-Ewing
Category
Underwriting

Company Details

Berkley_Life_Sciences_Logo

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

The Life Sciences Executive Underwriter is responsible for new business marketing and production, renewal underwriting and service of business for an assigned group of producers.  These producers may span several geographic territories.   Additionally, within the next 12 months, this position may be responsible for broker management in the assigned territory and achieving overall team results.  Key functions include but are not limited to:

  • Provide leadership and direction to the team in order to meet the goals for new business, retention, rate and customer service.  This includes effectively running team meetings to coordinate efforts and ensure a unified approach to handling brokers and issues.
  • Coach, mentor and develop team by establishing clear goals and providing regular feedback as well as training and career development opportunities; empower LSSs to assume responsibility for their functions within the team.
  • Responsible for results of the team; review results with the VP Field Underwriting Manager; proactively offer suggestions to improve performance and/or remove obstacles as necessary.
  • Maintain business assignments, adjust as necessary, and implement contingency plans to address vacations and other time off.
  • Build strong relationships with and manage brokers 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.
  • 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.

Qualifications

  • Bachelor’s degree or equivalent experience
  • Minimum of 10 years of commercial underwriting experience including products, property, workers compensation and automobile ideally in the Life Sciences industry
  • Claims made experience a plus.
  • Life Science Products Liability experience also a plus.

Additional Company Details

The company offers a competitive base compensation and robust benefits package to all full time regular employees.

We do not accept unsolicited resumes from third party recruiting firms.

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