Executive Team Lead, Life Science

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Chicago, IL
In-Office
132K-198K Annually
Fintech • Payments • Financial Services
The Role
Executive Team Lead - UW07CB

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.   

         

The Hartford’s Middle and Large Life Science Industry vertical is seeking an Executive Team Lead who will lead and manage our Central Division Life Science team. This dynamic and experienced leader will bring expertise to the underwriting of technology risks, including primary property and casualty, umbrella, multinational, Life Science products, excess and Cyber.

The role involves leading a team of production underwriters across multiple regional offices to manage the P&L, achieve production goals, attract, retain and develop Middle and Large Life Science underwriting talent, and assist in managing the network of distribution partners. The Central Executive Team Lead will report to the Head of Business, Life Science and will be part of the national Middle and Large Life Science Practice Leadership.
Responsibilities:

  • Life Science Divisional Underwriting and Product/Industry Leadership

  • Portfolio management and optimization of the Divisional Middle and Large Life Science book.

  • Sales and Marketing

  • Assist in the development and maintenance of the UW/RO Life Science pipeline

  • Assist and contribute to the national Life Science strategic framework, direction and implementation.

  • Foster relationships with other divisions to collaborate and cross-sell.

  • Assess market opportunities and generate ideas to drive new business.

  • Develop and implement underwriting standards, strategies, and product suites.

  • Underwrite Life Science business and serve as a referral resource for other Life Science underwriters.

  • Organize and manage all new business triage exercises and appropriate pre-renewal strategy session on existing business.

  • Handle referrals and provide direction on complex exposures.

  • Quality control and file documentation

  • Provide and extract Life Science subject matter expertise to/from our business partners including Global Specialty and MultiNational

  • Apply underwriting guidelines and have thorough knowledge of applicable laws and regulations.

  • Distribution Management and Partnership

  • Manage and develop producer and client relationships.

  • Engage, conduct and provide coordinated and formalized training and development to all Life Science underwriters.

  • Consistently engage with producers, underwriters and clients to appropriately augment and market The Hartford brand and solicit market, industry and competitive intelligence.

  • Conduct regular business stewardship meetings with all key internal and external business constituents and stakeholders.

  • Leadership and Talent retention and Development

  • Manage underwriting resources across the division and ensure clear alignment with partner organizations and appropriate resource allocation.

  • Foster a high-performance culture and pipeline new talent.

  • “Own” the results and embody the Hartford culture and mission statement

Qualifications

  • Minimum of 10 years industry experience, with 7+ years of Life Science underwriting experience preferred.

  • Exceptional technical underwriting acumen and analytical skills.

  • Expertise in marketing and evaluating complex complex multi-line Life Science risks.

  • Demonstrative and proven expertise in the positioning, presentation, negotiation and closing of Life Science proposals.

  • Prior people leadership and management experience strongly preferred.

  • Inspiring presentation and marketing skills.

  • Thorough attention to detail and strong underwriting documentation.

  • Demonstrated ability to thrive in a matrixed environment.

  • Ability and willingness to travel ~25% of the time.

  • Bachelor’s degree required, advanced degree a plus.

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$132,000 - $198,000

Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

About Us | Our Culture | What It’s Like to Work Here | Perks & Benefits

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The Company
HQ: Hartford, Connecticut
20,002 Employees
Year Founded: 1810

What We Do

Human achievement is at the heart of what we do. We put our belief into action by not only ensuring individuals and businesses are well protected, but by going even further – making an impact in ways that go beyond an insurance policy

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