Life Science Associate

About the Role

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.

Responsibilities

• In strategic alliance with the Manager, LSA 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

• 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.

Skills & Core Competencies

• Accountability
• Communication
• Customer Focus & Teamwork
• Flexibility
• Innovation and Initiative
• 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 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.