UNDERWRITER I

Cooperative of American Physicians, Inc.•Los Angeles, CA

34d

About The Position

Underwriter responsible for performing technical and administrative duties to assess eligibility for coverage and underwrite applications for CAP membership, including group submissions, special coverages, waivers of exclusions, and entity, employee, TEP and ORP coverages.

Requirements

Bachelor’s degree
3 years work experience in medical professional liability insurance preferred
Experience in professional liability underwriting of solo physicians and medical groups preferred
Excellent written and oral communication skills
Excellent organizational and time management skills
Computer literate, proficient in MS Word and Excel
Ability to multi-task
Knowledge of medical terminology

Responsibilities

Work with Membership Development to pre-underwriting and quote physician applicants and groups
Underwrite applications for membership, including their related coverage requests, and applications for entity, employee, TEP and ORP coverages submitted by solo practitioners and groups of various sizes. Gather and review additional information about the solo and group practices, as needed.
Evaluate and prepare a risk assessment on groups
Rate applicants and groups according to underwriting guidelines
Prepare and organize applicant materials and place materials in the QCC Portal for viewing and voting by QCC Members
Explain coverage, exclusions, financial obligations, membership-related obligations and programs to applicants and group administrators
Ensure timeliness and accuracy of data input into CAP System and Salesforce
Prepare CAP acceptance documents for all approved physician, TEP, ORP, employee and entity applicants
Complete applicant processing to Member status, including processing requests for part-time coverage, risk class reduction, higher limits, waivers of coverage and declarations of coverage
Follow up to close the sale on approved but not joined applicant physicians and their related entities, employees, TEPs and ORPs
Communicate effectively with the Underwriting Assistants and Account Executives throughout the underwriting and follow-up process
Work with Underwriting team on ongoing process improvement
Provide training to entry level Underwriters, as necessary
Coordinate with Membership Services to underwrite membership transfers
Work to achieve annual department metrics for underwriting turn-around-times and department goals
Perform other duties and participate in other projects as assigned.