What are the responsibilities and job description for the Life Sciences Underwriting Trainee position at Berkley?
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.
Responsibilities
Under the direction of Underwriting, the Life Sciences Trainee supports the underwriting team in assessing risks and determining coverage for life science companies. This entry-level role provides a comprehensive introduction to the property and casualty underwriting field within the life sciences sector. You will gain hands-on experience, receive training, and develop skills essential for a successful underwriting career. The candidate will attend the WRB Trainee school held in Westbrook, Maine.
- Risk Assessment: Assist in evaluating risks associated with life science companies, including laboratories, pharmaceutical firms, and medical device manufacturers.
- Underwriting Support: Aid in the preparation of underwriting documentation and reports. Review and analyze risk information to support underwriting decisions.
- Data Analysis: Collect, analyze, and interpret data related to policies, claims, and industry trends to assist in underwriting processes.
- Client Interaction: Support the team in communicating with clients and brokers to gather necessary information and address queries.
- Compliance: Ensure that all underwriting practices comply with company policies, industry regulations, and legal requirements.
- Training and Development: Participate in training programs to build expertise in life science property and casualty underwriting. Much of this training is held in Westbrook, Maine.
Qualifications
Qualifications/Experience
- 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. You are comfortable challenging norms while working collaboratively with colleagues.
- 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
- You are open minded, looking for the best result. You treat team members with respect and value their contributions. You are inclusive, committed to working together to achieve common goals.
- Demonstrated ability to achieve results by setting goals, prioritizing tasks and staying accountable to stakeholders.
Competencies
- Accountability
- Customer Focus and Teamwork
- Innovation and Initiative
The Company is an equal employment opportunity employer.
Additional Requirements
*The above job description is not intended to be an “all-inclusive” list of the duties and responsibilities of the job described, nor is it intended to be such a listing of the skills and abilities required to do the job. Rather, it is intended only to describe the general nature of the job.
