Insurance Business Development Representative - Medical Professional Liability

ProAssurance Group • Birmingham, AL

5d • $64,930 - $107,146 • Remote

About The Position

An exciting opportunity exists to join the ProAssurance family of companies! Our mission is powerful and simple: We protect others. Choosing a place to apply your talents is an important decision for anyone. You have plenty of options. Why choose ProAssurance? At ProAssurance, we sell a pledge, and that pledge is delivered by our team members. We are seeking individuals who value integrity, leadership, relationships, and enthusiasm—and want to build their career with a great company where they can be their authentic self and feel valued, recognized, and rewarded for their contributions. ProAssurance specializes in healthcare professional liability, products liability for medical technology and life sciences, legal professional liability, and workers' compensation insurance. We are an industry-leading specialty insurer, with job opportunities in much of the contiguous United States. This position supports our medical professional liability line of business and can be fully remote in the Eastern, Central or Mountain time zones. The Business Development Representative will manage our agent/broker relationships. This position serves as the cornerstone of superior customer service and is charged with ensuring client satisfaction. The Business Development Representative will carry out the priorities and tactical actions the MPL Strategic Plan and support underwriting strategic goals. This position is responsible for working with account teams inside a brokerage. We may fill this position at a higher level depending on the selected candidate's qualifications.

Requirements

• Bachelor’s degree in sales, RMI, or other business related required or eight years’ relevant experience in lieu of degree.
• A minimum two years of casualty insurance experience in business development, underwriting or claims, preferably in the medical professional liability sector.
• Critical thinker.
• Strategic orientation and strong organizational skills.
• Negotiation and problem-solving skills.
• Ability to develop strong relationship and influence management skills.
• Good presentation, verbal, and writing skills.
• Ability to work independently with some direct oversight.
• Adaptable and comfortable with change.
• Insurance agent’s license in their respective state(s) if required.
• Valid driver’s license.
• Travel up to 50% of the time.

Nice To Haves

• Knowledge of medical professional liability insurance products, distribution channels, industry and environment also preferred.

Responsibilities

• Broker Team Relations and Education: Build strong relationships with account and production teams of brokers representing 80% of the regional revenue that specialize in the lines of insurance important to ProAssurance. Provide established tools and educational content to appropriate account and production teams. Act as guide to ProAssurance resources for appropriate account and production teams.
• Company Presentation and Promotion: Appropriately represent company culture, values, and mission in all public settings. Primary company representative at industry and/or client events, conferences, or functions.
• Broker Relations: Build strong relationships with leadership of tier two appointed brokers. Provide established tools and educational content to appropriate account and production teams. Act as guide to ProAssurance resources for appropriate account and production teams. Participate in presentations with brokers and agents.
• Cross Department Collaboration: Work collaboratively with other departments within MPL to promote revenue growth. Create trustworthy and mutually beneficial working relationships with regional teams in other departments.
• Market Analysis: Using established formats, gather market intelligence from brokers, and report to BD Services team. Regularly review appropriate insurance and medical industry information resources and report to BD Services team. Use available data and information to analyze market potential of regions, products, or healthcare market segments as instructed.
• Financial Management: Working with Regional Director, establish budgetary items related to broker relations, sponsorships, events, and other items as appropriate. Using established financial reports, manage to the established budget with the goal of meeting or beating budget.
• Perform special projects as directed by management.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level