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 we are flexible regarding location in the contiguous US. For full consideration candidates should have medical professional liability experience.
Responsibilities
- Underwrite new and renewal submissions, with considerable focus upon facility based accounts.
- Pursue new business opportunities while managing existing book of renewal business.
- Consult Senior Underwriter on more complex accounts.
- Create terms and conditions for each applicant based on underwriting guidelines, program rates and coverage forms and authority level.
- Work closely with and collaborate with colleagues in all disciplines including: Actuarial, Claims, and Risk.
- Adhere to Letter of Authority without exception.
- Support business opportunities in preferred classes of business through target accounts and brokers in all market segments.
- Arrange and conduct meetings with brokers/agents, and insureds/prospects to discuss terms and conditions, exposures, claims and related concerns.
- Participate in renewal meetings.
- Document files and ensure compliance and audit-worthiness.
- Participate in committee and department meetings.
- Keep educated on evolving risks, and exposures.
- Engage others about ways to improve the service and/or products that we provide.
- Encourage others, at all levels, to offer ideas and take initiative to vet those ideas.
Requirements
- Bachelor's degree required with a preference for study in Insurance, Risk Management, Business Administration or other business related field.
- Minimum of at least 5 years healthcare professional liability underwriting experience, with at least 2 years of specialty (hospitals, senior care, etc) underwriting.
- CPCU, AIC or ARM highly desired.
- Understanding of insurance and medical terminology, and insurance and underwriting principles required.
- Previous professional liability experience.
- Proficiency with Microsoft Office Suite.
- Proven self-starter with strong multi-tasking and relationship management skills.
- Excellent organizational and interpersonal skills; ability to work well within a team environment.
- Self-motivated and able to accomplish multiple tasks in a timely manner.
- Accomplished written and verbal communication skills; strong negotiation skills.
- Able to make sound decisions and devise appropriate solutions.
- Able to review the work of others, provide feedback and approve other underwriters' quotations.
- Excellent listening, speaking, writing and presentation skills. Ability to process information logically.
- Meets work deadlines, excellent desk management skills.
- Solid knowledge of rating and documentation management and workflow systems.
- Able to create, build and develop relationships with agencies and internal colleagues.
Benefits
- Best-in-class benefits program.
