Berkley

Life Sciences Associate

Berkley$70K — $120K *
Pharmaceuticals & Biotech
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree or equivalent experience
  • Minimum of 3 years of underwriting experience including products or property, workers compensation and automobile
  • Experience with claims made is a plus
  • Experience with products liability is a plus
  • Experience in life sciences is a plus
  • Strong organizational skills and integrity
  • Proven track record of building relationships with clients and brokers

Responsibilities

  • Build strong relationships with internal and external stakeholders to drive financial goals
  • Negotiate and make sound underwriting decisions within authority
  • Review and evaluate all new submissions within binding authority
  • Drive the renewal process and coordinate with producers to gather crucial underwriting information
  • Manage assigned book to meet budget, retention, and new business objectives
  • Execute proper pricing components and rating methodologies
  • Analyze risks in accordance with Berkley Life Sciences account goals

Benefits

  • Competitive compensation plan
  • Robust benefits package for full-time employees
Full Job Description
Responsibilities

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.

 

In strategic alliance with the Manager, you 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
Qualifications

Education

 

  • Bachelor’s degree or equivalent experience
  • Minimum of 3 years of associate underwriting experience including products or property, workers compensation and automobile
  • Claims made experience a plus.
  • Products Liability experience a plus
  • Life Sciences experience a plus

Qualifications

 

  • 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 maintain 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 to craft pricing and coverage that meet underwriting guidelines, profitability models and customer needs
  • Interest in pursuing a career in underwriting, with a strong foundation in risk assessment, analytical thinking, and a commitment to developing technical expertise in life science products and markets.
  • Advanced proficiency with the Microsoft suite of products
Additional Company DetailsThe company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role include: • Base Salary Range: $70,000 – $120,000 We do not accept unsolicited resumes from third party recruiting agencies or firms.

About Berkley

Berkley is a packaging company that develops innovative solutions to help our customers sell more product and be on the edge. Berkley offers the cost advantages and creative control of an in house/on site agency without the risk and hassle of oversight. Berkley develops turnkey retail environments – including design, manufacturing and installation services.

Berkley Careers

Joining Berkley presents a prime opportunity to be part of a team renowned for its leadership in the industry, fostering innovation and growth. Berkley, a company committed to professional excellence and diversity, offers a range of job opportunities that cater to various skills and career aspirations.

Explore Job Opportunities

Berkley is actively hiring, seeking individuals who are passionate, driven, and ready to contribute to a dynamic team environment. With a variety of positions available, Berkley provides a platform for professionals at every stage of their career, from entry-level to senior leadership roles.

Internship Programs

Kickstart a career with Berkley through comprehensive internship programs designed to provide hands-on experience in a real-world setting. Internships at Berkley are a gateway to full-time employment, offering invaluable industry exposure and networking opportunities.

Professional Growth and Development

Berkley is dedicated to the continuous professional development of its team members. The company supports career advancement through leadership training programs, workshops, and seminars that enhance skills and foster innovation.

Diversity and Inclusion

At Berkley, diversity is celebrated and actively promoted through various initiatives and diversity training programs. The company believes that a diverse workforce is key to driving creativity and innovation.

Benefits and Culture

Employees at Berkley enjoy a range of benefits designed to support their professional and personal lives. The company culture emphasizes teamwork, respect, and integrity, creating an environment where everyone can thrive.

Applying for a Position

To apply for a position at Berkley, candidates are encouraged to submit a resume that highlights relevant experience and skills. The interview process is designed to assess not only professional qualifications but also a candidate's fit with Berkley's culture and values.

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Learn more about Berkley
Size
51 employees
Industry

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