We have an opportunity for a National Risk Management Consultant to join our team! You will promote risk management practices to support our Berkley Life Sciences business. You will consult with other departments and develop/execute a business plan focused on enhancing risk management business services to brokers and policy holders. Note: this is not a traditional loss control position; rather, the successful candidate will be a problem solver, as opposed to an 'inspector'.
W.R. Berkley is a great company with great people. Come join us!
Key functions of the role include but are not limited to:
- Develop and execute a national plan to market and secure partnering with brokers and policy holders to deliver traditional risk management business consultations
- Develop client service educational content in the area of life science business risk management including but not limited to white papers, panel participation, and physical and e- tool platforms
- Deliver superior risk management service to clients and brokers nationally; service in many cases will require customization and detail specific to individual customers
- Actively engage with industry and broker associations
- Manage national projects related to business risk management initiatives; project work will involve interdepartmental collaboration between underwriting, claims, legal, and marketing
The Legal & Regulatory Counsel is a mid- to senior-level shared services position responsible for assisting Berkley Life Sciences and other Berkley business units as may be assigned in identifying, monitoring, analyzing, communicating, and satisfying insurance regulatory compliance requirements and goals. The role will involve legal research, analysis and contract review as needed. This position requires the coordination of multiple lines of business and ongoing evaluation of property & casualty insurance forms, rates, rules, licensing, filing, and general operations and procedures, both domestically and internationally. Key functions include but are not limited to:
- Analyze, organize, and effectively distribute information on insurance industry developments, including department of insurance bulletins, enacted legislation, and other information issued by regulatory and non-regulatory authorities such as the American Property Casualty Insurance Association (APCIA).
- Proactively identify and solve for regulatory and compliance risks.
- Regularly monitor and audit areas of company operations to assess and ensure proper regulatory compliance.
- Review, revise and test compliance programs in accordance with regulatory expectations and best practices.
- Lead efforts to manage, develop, implement, and direct changes required by regulatory and insurance industry authorities.
- Research and respond to questions from Underwriting, Claims, Actuarial, Finance, Operations, and other departments concerning regulations, legislation, insurance department policies and positions, and other compliance-related issues.
- Coordinate with product development teams to ensure that state-specific issues are addressed for new and existing lines of business and assist with product filings.
- Verify that all corporate regulatory policies and procedures affecting all lines of business have been properly documented, implemented, and communicated to relevant internal and external parties.
- Assists with broader company governance matters, internal audits, Enterprise Risk Management (ERM), market conduct examinations, financial examinations and all other regulatory examinations affecting all lines of business.
- Execute projects, independently or in coordination with others, as assigned by supervisor or other business unit leadership.
We have an opportunity for a VP, US Field Underwriting Manager to join our Berkley Life Sciences team! You will be responsible for developing and executing a strategic vision that enables the long-term profitable growth of all products within the territory. This includes developing the annual operating plan objectives (top and bottom line) and long-term strategic plan along with a focus on tactical broker / producer development planning. Additionally, this position has direct management of other underwriting leaders and responsibility for the team and its results. Life Sciences insurance experience is preferred, but we are open to someone who has general commercial or similar adjacent niche specialty experience.
W.R. Berkley is a great company with great people - come join us!
This role can be based in either our Ewing, NJ or Naperville, IL offices. We offer a hybrid work schedule.
In strategic partnership with the VP, Chief Underwriting Officer...the key functions include, but are not limited to:
- Provide leadership and direction to the underwriting team in order to meet the goals for new business, retention, rate and customer service
- Coach, mentor and develop staff by establishing clear goals and providing regular feedback as well as training and career development opportunities; empower UW leaders to assume responsibility for their functions within the team
- Develop and grow a knowledgeable producer population with an appropriate split between retail and wholesale channels
- Devise strategies and protocols to grow profitably during all market cycles
- Build strong relationships with 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
- Portfolio management to reflect an appropriate balance between segments and diversification of line of business
- Provide technical support to producers and insureds
- Stay current with all compliance, procedural and workflow changes
- Work collaboratively and effectively with: underwriting associates, operations, legal, home office underwriting 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