Skyward Specialty Insurance · 6 hours ago
Senior Underwriter - Life Sciences Underwriting
United States
Full-time
Remote
Senior Level
$100K/yr - $135K/yr
5+ years exp
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Responsibilities
Produce, underwrite, manage and service a profitable book of new and renewal business.
Utilize underwriter authority in accordance with the published underwriting guidelines.
Effectively negotiate and secure policy terms that align with the company directives and provide detailed explanations regarding terms, conditions and requirements of quotes and rating decisions.
Analyze claims activity and loss experience.
Compose, prepare, and generate correspondence, proposals, and underwriting reports as needed or required.
Develop and communicate new business or renewal rate recommendations and decisions in accordance with level of underwriting authority.
Ability to seek out and secure new and profitable business.
Develop and manage underwriting strategies and monitor performance of assigned portfolio of accounts, and initiate actions to improve performance when needed.
Manage and develop effective producer and client relationships throughout assigned territory.
Coordinate strategy and work collaboratively with other aligned business functions including claims, actuarial, loss control and others.
Make internal and external presentations as necessary to communicate portfolio performance to peers, producers, and leadership as necessary.
Provide direction and support to associate underwriters as a coach/mentor or trainer and/or provide peer review.
Other duties as assigned.
Qualification
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Required
Minimum 5+ years’ experience within the life sciences segment
Experience in the following but not limited to: products and completed operations liability, E&O, medical professional liability, general liability
Bachelor’s Degree – or advanced degree
Knowledge of specialized life sciences liability forms wording and program structures
Strong relationships with wholesale and retail brokerage community
Knowledge of the market, portfolio management, acquisition and distribution
Ability and willingness to be highly visible in the marketplace and travel as necessary (estimated 25%)
Ability to document and maintain underwriting files that are professional and compliant
Proficient in Microsoft Office Suite (Outlook, Word, Excel, PowerPoint)
Demonstration of industry knowledge and judgment during underwriting process to set pricing, review risk, negotiate, and accomplish goals
Excellent written and verbal communication and negotiation skills
Strong analytical skills and the ability to pay attention to details
Self-starter with strong drive to succeed
Team player with an optimistic outlook
Ability to carry out assignments within parameters of instructions given, prescribed routines and standard accepted underwriting practices
Preferred
Professional certifications preferred
Familiar with life sciences industry concepts, practices and procedures.
Benefits
Health and welfare benefits
Tuition and professional certification assistance
401k savings
Elective participation in the Employee Stock Purchase Program
Paid time off
Paid holidays
Child bonding leave
Other employee assistance programs
Company
Skyward Specialty Insurance
Skyward Specialty is a rapidly growing and innovative specialty insurance company, delivering commercial P&C products and solutions on a non-admitted and admitted basis.
201-500 employees
Funding
Current Stage
Public CompanyTotal Funding
$375.65M2024-05-06Post Ipo Secondary· $177.3M
2023-11-13Post Ipo Secondary· $22.88M
2023-11-13Post Ipo Equity· $86.92M
Leadership Team
Andrew Robinson
CEO
Recent News
Yahoo Finance
2024-06-05
2024-06-05
2024-06-05
Company data provided by crunchbase
