A centrifugal pump includes a casing having an impeller chamber, an inlet, an outlet, and a bearing chamber. A shaft disposed within the casing has an impeller end and a motor end. The impeller is coupled to the impeller end of the shaft and is disposed within the impeller chamber. A bearing is disposed within the bearing portion. The bearing has an inboard end with an inboard-bearing surface and an outboard end with an outboard-bearing surface. The bearing and the shaft have a bearing clearance therebetween. A disc is coupled to the shaft on the impeller end which is spaced apart from the inboard-bearing surface. A seal ring is disposed between the disc and the inboard-bearing surface. The shaft, the seal ring, the disc, and the inboard-bearing surface define a thrust chamber therebetween. The thrust chamber is in fluid communication with the impeller chamber through the bearing clearance so that an axial thrust in an inboard direction is generated by the thrust chamber.