Life Underwriting Supervisor supervises group of underwriters who review, analyze and inspect life insurance contracts. Accepts, modifies or declines a risk through evaluation of an individual's medical history or physical condition, occupational hazards, financial background, insurable interest and other information. Being a Life Underwriting Supervisor analyzes various rate plans utilizing the organization's claims history to determine the appropriate rate plan and benefits costs. Familiar with current legislative and compliance processes affecting life insurance. Additionally, Life Underwriting Supervisor may evaluate reinstatements and changes in existing policies. May have designations or course work toward the CLU, FLMI, etc. Has a sound working knowledge of medical terminology. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Life Underwriting Supervisor supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Thorough knowledge of functional area under supervision. To be a Life Underwriting Supervisor typically requires 3 years experience in the related area as an individual contributor. (Copyright 2024 Salary.com)
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.
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):
Achieve a proficiency in the technical and professional skills/knowledge of the assigned Life Sciences Associate position (on the job training):