Underwriting Associate Jobs in Park Ridge, IL (NOW HIRING)

Company Details

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, key within Berkley Life Sciences, focuses on new business marketing and production, as well as renewal underwriting and service for complex life sciences accounts across assigned producers. These producers may span geographic territories. Success in this role requires a deep understanding of the life sciences industry, strong analytical skills, and the ability to build and maintain robust relationships with clients and brokers.

In strategic alliance with the VP Underwriting Manager:

• 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.
• Build strong relationships with and manage brokers to ensure you meet or exceed financial goals including growth, profit, retention, and new business.
• 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

Competencies:

Technical Skills and Competencies

• Relationship & Personal Leadership
• Technical & Job Effectiveness
• Innovation and Initiative
• Excellent time management 

Additional Qualifications

• 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 preserve 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 in order to craft pricing and coverage that meet underwriting guidelines, profitability models and customer needs
• Ability to travel up to 50% of the time, including overnight travel
• Advanced proficiency with the Microsoft suite of products
• The Company is an equal employment opportunity employer

Qualifications:

• Bachelor's degree or equivalent experience
• Minimum of 5 years of underwriting experience including products
• Life Science Products Liability experience preferred
• Claims made experience a plus

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: $95,000 - $120,000 Berkley is committed to offering comprehensive and competitive employee health benefits that help our employees stay healthy, feel secure and maintain a work/life balance. We offer Medical, Dental, Vision, Flexible Spending Account, Health Savings Account and a Health Reimbursement Arrangement. We support our employees in planning for their current and future security by offering Short & Long Term Disability, 401(k)/Profit Sharing/Employee Stock Purchase Plan, Life/Accidental Death & Dismemberment/Travel and Additional Life Insurance. We want our employees to live productive and fulfilling lives. We promote work-life balance and personal wellness by providing an Employee Assistance Program, Paid Time Off (Vacation/Sick/Holidays) and encouraging employees to participate in our groups wellness program. We take risk management excellence and your professional growth and ongoing development seriously by offering industry-related education and exams along with industry-related tuition assistance.Additional RequirementsLocation and Travel: Naperville, IL.Sponsorship DetailsSponsorship not Offered for this RoleEmployment Type: OTHER