Professional liability Underwriter

General Search & Recruitement Published: September 25, 2018
Location
United States
Category
Job ID
Job-1221

Description

 

Professional
liability Underwriter

Wausau, WI

Effectively analyze insurance submissions, recognize
exposures, provide coverage alternatives, offer risk management suggestions,
and adequately price insurance coverage on risks of a complex technical nature
within the company underwriting guidelines as it pertains to our Senior Living
segment.

Achieve production and loss ratio goals within assigned
territory by reviewing and analyzing claims and loss history and taking
appropriate action on individual accounts and/or program or territory. Develop
appropriate processing systems and operating procedures for the
Broker/Specialty Markets division accounts.

Understand insurance issues, products, trends in the market,
religions, and rating/pricing principles. Responsible for determining
appropriate reinsurance placement, if any, on individual accounts. Foster
positive business relationships and be a resource for sales staff, brokers, and
agents.

RESPONSIBILITIES:

Effectively analyze insurance submissions, recognize
exposures, provide coverage alternatives, offer risk management suggestions,
and adequately price insurance coverage within assigned binding authority. Work
with the sales staff, including agents and brokers, to write and retain as much
quality business as possible, at a profit, while meeting company objectives and
customers' coverage and service needs. Risk Selection and Pricing - Review and
evaluate various sources to determine appropriate risk selection, how to
insure, and pricing, with appropriate recommendations for risk management and
commitment to service. You will understand, adhere to, and provide input into
company underwriting guidelines, products, philosophies, and general directives.
You will be knowledgeable of company processing systems and workflows and
recommend new ideas or changes for improvements. Develop appropriate processing
systems and operating procedures for special accounts. Foster a positive
business relationship and be a resource for sales staff, brokers, and agents.
Answer questions within abilities and authority; research, gather, and
disseminate information to help service customers, brokers, and agents; and
offer suggestions on options and alternative approaches to coverage, pricing,
and risk management. Keep staff, brokers, and agents updated on current
changes, issues, and trends; provide feedback on workflow, processing, or
binding issues; and provide support in interpreting bulletins, guidelines,
rules, and procedures. Maintain a positive, team-oriented working relationship
with staff, brokers, and agents. Travel to establish and maintain broker and
agent relationships, gain technical knowledge, support the Broker/Specialty
Markets Division, or complete special assignments.

 Requirements:

Must have prior experience.

Strong preference for prior underwriting experience in
Assisted Living, Skilled Care, Home Health or Hospice.

Successful commercial property and casualty underwriting
experience, with multiline accounts involving premiums in excess of $100,000,
of at least five years is required.

Prior experience in a related insurance area will be
considered.

Minimum of three years' experience working with brokers and
agents.

Education:  Four-year
college degree with major in business, insurance, risk management, or related
fields is preferred.

Consideration will be given for a two-year associate degree
in insurance and industry recognized education courses, such as INS, Associate
in Underwriting (AU), and CPCU.

High school education is required.

Necessary Knowledge and Abilities:

Initiative and ability to be self-directed.

Knowledge of the underwriting function and insurance
coverages.

Above-average communication skills (written and orally).

Good interpersonal skills.

Sound judgment and decision-making skills.

Ability to analyze information and pay close attention to
detail.

Must be dependable, responsible, and reliable.

Good organizational abilities.

Ability to make presentations or train others.

Ability to negotiate solutions.

Understanding of the reinsurance function.

 

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