Associate Underwriter to Senior Underwriter: Life Sciences

Richmond, Virginia or Remote for Sr Level
Salary is commensurate with level and experience
Oct 13, 2020
Dec 12, 2020
Job Type
Full Time
Career Level
Not Specified

Come grow with James River Insurance! 

James River Insurance is a specialty insurer operating on an approved non-admitted basis across the United States. Since 2003, James River has provided thousands of commercial property and casualty customers with innovative and creative solutions for particular insurance needs. 

At James River Insurance we are committed to providing a stable and rewarding work environment supported by our Core Values and Guiding Principles: Integrity, Accountability, Innovations, Customer Service, Communication, and Teamwork. 

Job Summary 

James River Insurance is actively seeking candidates for its Life Sciences underwriting division and will consider hiring at the Associate Underwriter, Underwriter, and Senior Underwriter levels. A successful underwriting team member will be responsible for reviewing and analyzing underwriting data in order to determine if risks meet corporate underwriting standards, calculating appropriate premium, determining proper terms for acceptable risks, and responding to brokers when risks do not meet underwriting guidelines. They will also be responsible for developing and maintaining profitable business relationships with brokers.

Duties and Responsibilities 

•    Continuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer Service 

•    Analyze new business opportunities and develop renewal strategies 

•    Attain quote, premium and division goals as assigned 

•    Develop and maintain strong relationships with brokers 

•    Use critical thinking and problem solving skills to negotiate with brokers on placements 

•    Assist the Underwriting Manager/Division Manager with training, mentoring and on-boarding of new employees. 

•    Travel to meet with brokers within assigned territory at least three times per year 

•    Other duties as assigned 

Knowledge, Skills and Abilities 

•    Ability to effectively and properly select, evaluate, model, determine coverage, rate, document, quote and bind accounts 

•    Ability to effectively assess risk 

•    Excellent verbal and written communication skills 

•    Ability to work independently or in a team environment to complete assignments within the parameters of instructions given, prescribed processes and standard accepted underwriting practices 

•    Solid knowledge of underwriting philosophy and techniques 

•    Proven problem solving and decision making skills 

•    Strong negotiation skills 

•    Ability to multi-task 

•    High level of initiative and motivation 

•    Strong work ethic with a drive to succeed 

•    Solid customer service and relationship building skills 

•    Proficiency in MS Office (Word, Excel, Outlook) and Internet researching 

Experience and Education 

Associate Underwriter

•    Bachelor's Degree or a minimum of 3 years of relevant work experience

•    Industry associated classes or courses preferred


•    Bachelor's Degree or equivalent work experience  

•    Minimum of 2 years of related underwriting experience, preferably in Excess and Surplus lines  

•    Preferably pursuing courses toward professional designations or continuing education.  

Senior Underwriter 

•    Bachelor's Degree or equivalent work experience 

•    Minimum of 5 years underwriting experience, preferably in Excess and Surplus lines  

•    Professional designation is preferred  

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