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Acadia Insurance (a Berkley Company) · 3 months ago

Vice President, Life Sciences Underwriting Manager

US-NJ-Ewing

Full-time

Onsite

Senior Level, Lead/Staff

$190K/yr - $250K/yr

10+ years exp

Acadia Insurance, part of Berkley Corporation, is a Fortune 500 Company specializing in insurance products for the life science industry. The Vice President, Life Sciences Underwriting Manager will lead strategic initiatives to drive profitable growth and manage underwriting teams while ensuring alignment and effective communication with brokers and senior management.

Commercial InsuranceInsurance

Responsibilities

Provide leadership and direction to the team in order to meet the goals for new business, retention, rate and customer service. Act as a catalyst for field activity, encouraging travel and proactive business development

Coach, mentor and develop team by establishing clear goals and providing regular feedback as well as training and career development opportunities; empower UW leaders to assume responsibility for their functions within the team

Distribution management – develop and grow a knowledgeable producer population with an appropriate split between retail and wholesale channels

Responsible for results of the team; review results with the CUO; proactively offer suggestions to improve performance and/or remove obstacles as necessary

Cycle management- devise strategies and protocols to grow profitably during all market cycles

Maintain business assignments, adjust as necessary, and implement contingency plans to address vacations and other time off

Build strong relationships with brokers to ensure you meet or exceed financial goals including growth, profit, retention, and new business. Manage senior-level relationships with key brokers. Represent BLS externally to expand market presence and broker engagement

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

Portfolio management to reflect an appropriate balance between segments and diversification of line of business

Stay current with all compliance, procedural and workflow changes

Work collaboratively and effectively with underwriting associate, operations, legal, home office underwriting and claims. Maintain and evolve the structural framework implemented across the underwriting teams

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

Build team confidence through training, coaching, and field presence

Qualification

Underwriting experienceManagement experienceLife Science experienceSales acumenAnalytical skillsInnovationCustomer serviceCuriosityMicrosoft Suite proficiencyCustomer focusTeamworkCommunication skillsOrganizational skillsRelationship building