Explore a world of opportunity with Head of Life Science Underwriting jobs, a senior leadership role at the intersection of finance, science, and risk management. This executive position is critical within the insurance and reinsurance sectors, specifically focusing on the dynamic and complex life sciences industry. Professionals in these roles are responsible for steering the underwriting strategy for a portfolio that includes pharmaceutical companies, biotechnology startups, medical device manufacturers, and clinical research organizations. They are the ultimate authority on assessing and assuming the unique risks associated with drug development, product liability, clinical trials, and other specialized exposures. A Head of Life Science Underwriting typically oversees the entire underwriting lifecycle. This involves setting the strategic direction for new business acquisition and portfolio renewal, establishing underwriting guidelines and risk appetite, and ensuring the profitability of the book of business. A core function is leading and mentoring a team of specialized underwriters, fostering talent development, and managing team performance. They are responsible for making high-stakes decisions on complex, high-value accounts, often populating quotes in IT systems and issuing final policy documents. Furthermore, they provide crucial sales support to business development teams, leveraging their deep industry expertise to help secure new client relationships and strengthen existing ones. The role demands a unique blend of deep technical knowledge and strong leadership capabilities. Common responsibilities include portfolio performance monitoring, compliance with regulatory standards, and active engagement in risk management and innovation initiatives. These leaders ensure their teams operate within delegated authority letters and collaborate closely with claims departments to manage ongoing cases effectively. Typical skills and requirements for these high-level jobs include an extensive background, often a decade or more, in life science or related technical underwriting. A bachelor’s or advanced degree in fields like Finance, Business Administration, Economics, or a life science such as Biology or Chemistry is highly common. Essential skills include advanced analytical and financial acumen to assess complex risk data, proven team leadership and people management abilities, and exceptional communication and negotiation skills. A strong track record in building business relationships and a thorough understanding of the legal and regulatory landscape governing both insurance and the life sciences sector are fundamental prerequisites for success in these pivotal Head of Life Science Underwriting jobs.
