Life Underwriting Manager jobs in New Jersey

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. 

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.

The company is an equal employment opportunity employer.

Responsibilities

We have an opportunity for am Underwriting Trainee to join our Berkley Life Sciences team! Under the direction of the AVP, Operations Manager, you will participate in a variety of learning experiences to introduce you to the fundamentals of commercial property and casualty insurance. This will include a work assignment and on the job training as an Operations Specialist supporting the underwriting departments of the company.  The training is progressive.  Once you successfully complete the fundamentals, the content becomes more specific to the Berkley Life Sciences marketplace, products, services and company philosophy. W.R. Berkley is a great company with great people - come join us! 

This role can be based in our offices in either: Ewing, NJ or Naperville, IL

The key functions include, but are not limited to:

Achieve a proficiency in the technical and professional skills/knowledge of the assigned Operations Specialist position (on the job training):  

• Book and issue admitted commercial lines business using both manual and automated methods.
• Interpret issuance and rating instructions from Life Science Specialists for new business, quotes, endorsements and cancellations.
• Stay current with all compliance issues, as well as procedural, system or workflow changes.
• Deliver timely and accurate quotes and policies

Achieve a proficiency in the technical and professional skills/knowledge of the assigned Life Sciences Associate position (on the job training):  

• Assist Life Sciences Specialists with daily operations; research, quote and bind new and renewal business and document as per established guidelines.
• 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
• Develop information and recommendation based on account analysis
• Identify opportunities for account rounding.

Qualifications

• Bachelor’s degree
• Knowledgeable and proficient with the Microsoft Professional products in addition to Internet search capabilities
• 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
• Natural curiosity, you love learning how things work and you are always looking for innovative improvements
• You are open minded, looking for the best result, you treat team members with respect and value their contributions, you are inclusive and committed to working together to achieve common goals
• Demonstrated ability to achieve results by setting goals, prioritizing tasks and staying accountable to stakeholders

Additional Company Details