Life Sciences Associate

Berkley Life Sciences (a Berkley Company); New York (NY); On-site; USD 70,000 - 120,000; Full time

Benefits offered by this job

Competitive compensation

Robust benefits package

Base salary range: $70,000–$120,000

Job summary

Berkley Life Sciences is seeking an experienced underwriter to drive new business, renewals, and service for a defined producer group. You will work closely with multiple departments to ensure compliance and profitability while leveraging your life sciences knowledge.

You will review submissions, price appropriately, and manage a portfolio to meet budgeted goals. This role demands strong relationship skills, analytical thinking, and a customer-first mindset in a dynamic insurer environment.

Qualifications

• Calm under pressure with strong organizational skills.
• Strong accountability and follow-through on tasks.
• Proven ability to build and maintain client relationships with insureds, agents & brokers.
• Excellent customer service orientation and responsiveness.
• Natural curiosity and interest in improving processes.
• Analytical mindset to craft pricing and coverage.
• Interest in pursuing a career in underwriting with life sciences focus.

Responsibilities

• Build strong relationships with internal and external customers to meet financial goals.
• Negotiate underwriting decisions within authority.
• Review new line/endorsement submissions within binding authority.
• Lead renewal process and prepare for renewals with producers.
• Manage assigned book to achieve budgeted rate, retention and growth.
• Execute pricing components and rating methodologies.
• Solicit accounts, conduct risk research, and price Berkley Life Sciences products.
• Assess and select risks in line with underwriting guidelines.
• Respond to coverage inquiries from producers.
• Stay compliant with procedures and workflow changes.
• Collaborate with underwriters, operations, legal, and claims.

Skills

Calm under pressure

Accountability

Relationship building

Customer service

Curiosity

Analytical thinking

Underwriting career

Education

Bachelor’s degree

Underwriting experience

Tools

Microsoft Office

Job description

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.

The company is an equal employment opportunity employer.

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.

Company URL: https://berkleyls.com/

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

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 The Company is an equal employment opportunity employer

Additional Company Details

The 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.