Life Science Underwriter

Job Description

Life Science Underwriter

About the Role
A leading global insurance brokerage is seeking a skilled Life Science Underwriter to join its team. This position offers exposure to innovative companies in the life sciences sector. In this role, you will evaluate and underwrite complex risks, collaborate with brokers, and provide tailored insurance solutions that support the growth and success of clients ranging from emerging biotech firms to established pharmaceutical companies.

Key Responsibilities

• Underwrite and analyze life science risks, including biotech, medical device, pharmaceutical, and healthcare technology clients.
• Develop pricing strategies and structure coverage programs aligned with client needs and market trends.
• Partner with brokers, producers, and carriers to deliver competitive and comprehensive insurance solutions.
• Build and maintain strong carrier relationships to secure favorable terms and expand market opportunities.
• Ensure compliance with underwriting guidelines, policies, and regulatory requirements.
• Provide technical expertise and mentorship to junior team members where appropriate.

Qualifications

• Several years of underwriting experience, with a strong focus in life sciences.
• In-depth knowledge of insurance products and market trends within biotech, pharma, and medical devices.
• Strong analytical and negotiation skills with the ability to structure complex deals.
• Excellent communication and interpersonal skills, with the ability to work collaboratively in a team environment.
• Bachelor’s degree required; professional designations (CPCU, ARM, RPLU, etc.) preferred.

Compensation & Benefits

• Salary range: $140,000–$160,000 (depending on experience) + bonus opportunities.
• Comprehensive benefits package, including health, dental, vision, 401(k) with company match, paid time off, and additional perks.

Disclaimer: Please note that this job description may not cover all duties, responsibilities, or aspects of the role, and it is subject to modification at the employer's discretion.

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