At a Glance
- Tasks: Lead the launch and growth of a new territory office in life sciences insurance.
- Company: Join a Fortune 500 company known for innovation and teamwork.
- Benefits: Competitive salary, career development, and a dynamic work environment.
- Why this job: Make a real impact in the life sciences industry while building strong relationships.
- Qualifications: 8+ years of underwriting experience and exceptional communication skills.
- Other info: Opportunity for travel and professional growth in a supportive team.
The predicted salary is between 36000 - 60000 £ per year.
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.
Responsibilities
- This role, a key contributor within the Berkley Life Sciences organization, is responsible for developing and executing a strategic plan to build, launch and sustain a new territory office that supports the long-term profitable growth of all products within the assigned territory.
- This role serves as a strategic connector between US field underwriting teams and the UK ensuring alignment, consistency, and momentum across the territories.
Specific Duties
- In strategic alliance with the President: Develop and execute a territory start-up plan, including broker engagement, compliance and underwriting protocols, client acquisition strategies, and brand awareness initiatives.
- Build foundational relationships with local brokers, agents, and industry stakeholders to accelerate market entry and drive early business results.
- Monitor and report on territory performance metrics (including growth, profit, retention, and new business), adjusting strategies to address challenges and capitalize on opportunities.
- Cycle management - devise strategies and protocols to grow profitably during all market cycles.
- 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.
- Identify opportunities for account rounding.
- Provide technical support to producers and insureds.
- Stay current with all compliance, procedural and workflow changes.
- Work collaboratively and effectively with underwriting associate, operations, legal, home office underwriting and claims.
- Build and expand the underwriting team, fostering professional development and continuous learning to ensure sustained expertise and growth.
Technical Skills and Competencies
- Entrepreneurial Leadership
- Relationship & Personal Leadership
- Technical & Job Effectiveness
- Innovation and Initiative
Qualifications
- Bachelor's degree or equivalent experience.
- Minimum of 8 years of underwriting experience including products, property, workers compensation and automobile; Claims made experience a plus.
- Products Liability experience a plus.
- 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 at all levels of the organization.
- You have a strong sense of accountability, fun and adventure.
- You have a proven track record of building and maintaining strong business relationships with insureds, agents & brokers.
- 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.
- An analytical mind. You love to dive into the details of an account in order to craft pricing and coverage that meet underwriting guidelines, profitability models and customer needs.
- Ability to travel up to 50% of the time, including overnight travel.
London Territory Manager employer: WR Berkley
Contact Detail:
WR Berkley Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land London Territory Manager
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend events, and join relevant groups. The more people you know, the better your chances of landing that dream job.
✨Tip Number 2
Be proactive! Don’t just wait for job postings to appear. Reach out directly to companies you admire, like Berkley Life Sciences, and express your interest in potential opportunities. You never know what might come up!
✨Tip Number 3
Prepare for interviews by researching the company and its culture. Understand their products and services, especially in the life sciences sector. This will help you stand out and show that you're genuinely interested in being part of their team.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the team at Berkley Life Sciences. Let’s get you on board!
We think you need these skills to ace London Territory Manager
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the London Territory Manager role. Highlight your relevant experience in underwriting and relationship building, as this will show us you understand what we're looking for.
Showcase Your Communication Skills: Since exceptional communication is key for this position, use clear and concise language in your application. We want to see how you can convey complex ideas simply, so don’t hold back on demonstrating your writing prowess!
Demonstrate Your Analytical Mind: In your application, give examples of how you've tackled challenges with an analytical approach. We love candidates who can dive into details and come up with innovative solutions, so let us know how you've done this in the past.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you're proactive and keen to join our team!
How to prepare for a job interview at WR Berkley
✨Know Your Territory
Before the interview, dive deep into the specifics of the London territory. Understand the local market dynamics, key players, and any recent trends in the life sciences sector. This knowledge will not only impress your interviewers but also show that you're genuinely interested in the role.
✨Showcase Your Relationship Skills
Since building relationships with brokers and agents is crucial for this role, prepare examples from your past experiences where you've successfully established and maintained strong business relationships. Highlight your communication style and how it adapts to different situations.
✨Demonstrate Strategic Thinking
Be ready to discuss your approach to developing and executing strategic plans. Think about how you would tackle the challenges of launching a new territory office. Prepare to share specific strategies you've used in the past to drive growth and profitability.
✨Emphasise Your Analytical Mindset
Given the importance of risk selection and analysis in this role, come prepared with examples that showcase your analytical skills. Discuss how you've used data to inform decisions and craft tailored solutions for clients, ensuring you align with Berkley Life Sciences' commitment to meeting customer needs.