AVP, Healthcare
About The Position
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. Position Summary: We are seeking a creative and motivated individual to join our Healthcare Professional Liability Underwriting team. Our suite of Healthcare products, engaged management team and strong capital base have enabled us to establish a prominent presence in the growing Medical Malpractice market. Our Healthcare team embraces the collaboration necessary to innovate in today’s evolving marketplace; encourages participation and diversity of thought; and relies on talented, innovative individuals to set Arch apart from our competitors.
Requirements
- Excellent oral and written communication and presentation skills with both internal and external constituents.
- Knowledge of Healthcare line of business and Medical Malpractice liability insurance principles.
- Understanding of liability insurance policy wording, terms and conditions.
- Proven history of effectively assessing risk and making sound underwriting decisions.
- Established broker relationships including experience working with both wholesalers and retailers.
- Superior skills in relationship building, active listening, needs analysis, and negotiation.
- Strong organizational, multi-tasking and time management skills.
- Ability to work well in team-based environment.
- Demonstrated leadership, people management and developmental skills.
- 4-year BA/BS degree, ideally with a major/concentration in Business, Economics or Management
- At least 7 years of underwriting experience with a focus on medical malpractice and umbrella liability coverages for various types of healthcare facilities (long term care, hospitals, surgery centers, clinics, labs, home health care, etc.)
Nice To Haves
- Experience managing delegated authority programs is plus.
- CPCU, RPLU or other insurance course work recommended.
Responsibilities
- Underwrite and maintain Healthcare Medical Malpractice new business and renewal accounts.
- Develop underwriting solutions, determine insurability, calculate appropriate premium, and thoroughly document files.
- Prepare quotations and binds business with a particular emphasis on assessing risk and reaching premium goals as determined by the division head.
- Sustain the profitability of our business and meet growth objectives by monitoring submissions received, quote and bind ratios, and renewal retentions.
- Develop and maintain strong relationships and credibility with all distribution channels, drive opportunities that meet our underwriting appetite, and effectively communicate underwriting decisions.
- Continually develop and share industry knowledge, understand competitor products and offerings, and the excess and surplus lines market.
- Contribute recommendations and support to initiatives focused on improving processes, procedures and practices.
- Perform analyses using a range of productivity and analytical tools to analyze historical performance and identify opportunities for improvement.
Benefits
- multiple medical plans plus dental, vision and prescription drug coverage
- a competitive 401k with generous matching
- PTO beginning at 20 days per year
- up to 12 paid company holidays per year
- 2 paid days of Volunteer Time Offer
- basic Life and AD&D Insurance as well as Short and Long-Term Disability
- Paid Parental Leave of up to 10 weeks
- Student Loan Assistance and Tuition Reimbursement
- Backup Child and Elder Care
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What This Job Offers
Job Type
Full-time
Career Level
Manager
