Professional Liability Underwriting Manager

General Search & Recruitement Published: September 25, 2018
Location
Wausau, WI
Category
Job ID
Job-1220

Description

Professional
Liability Underwriting Manager

Wausau, WI

You will provide leadership for Senior Living underwriting
staff for assigned distribution and/or market segments to achieve desired
corporate underwriting profitability and growth objectives. You will provide guidance
with respect to risk selection and pricing. You will effectively manage
business processes related to new and renewal business and transactions around
quoting, issuing, renewing, endorsing, canceling, and reinstating policies.
Build effective relationships with assigned distribution and/or market segments
contributing to profitability and growth. Hire, develop, train, and motivate
underwriting staff. Annually, working with finance and others, develop
profitability and growth objectives and associated staffing and budget plans
during the planning process.

RESPONSIBILITIES:

You will manage and provide leadership to Senior Living
underwriting staff and guidance in matters of risk selection and pricing to
select and to retain profitable business aligned with division and company
objective.

You are responsible for managing, updating, and communicating
underwriting business processes around quote/proposal, policy insurance, and
policy administration.

You will resolve conflict with other departments in matters
of coverage and underwriting intent.

Provide input related to products and pricing for assigned
distribution and/or market segments.

You will actively participate with Commercial Markets Group
to build effective relationships with assigned distributors.

 Collaborate with the
Commercial Markets Group on the acquisition of new business and retention of
existing business.

Your manager responsibilities include all of the following:

 a. Staffing needs, to
include interviewing and onboarding for new employees.

b. Training and development, as well as coaching and
motivation, for staff.

c. Performance management, goal setting, employee
engagement, and salary administration.

You will also collaborate with underwriting leadership to
establish department goals and objectives, and participate in planning and
budgeting of resources.

Manage Senior Living underwriting book of business within
acceptable corporate risk appetite or tolerances within various geographies.

Place reinsurance as appropriate for various lines of
business and geographies in accordance with corporate risk appetite and
tolerance statements.

Develop technical knowledge and underwriting expertise
appropriate for assigned distribution and market segments.

You will provide input and direction into company
underwriting philosophy and related guidelines and business processes.

Participate/lead assigned projects and special research
projects as necessary.

Travel to visit brokers and insureds as necessary to assist
in new or renewal presentations or foster business relationships.

Participate in industry conferences on behalf of client
company.

Requirements:

7-10 years of underwriting experience with proven record of
success and in-depth knowledge of underwriting business.  

At least 5-7 years of proven record of favorable management
experience.

Deep underwriting knowledge of Assisted Living.  

Strong existing agency relationships with Senior Living
brokers.

Strong desire for previous underwriting experience in
Skilled Care and Allied Health Risks.

A combination of intermediate to complex account
underwriting experience and industry specialized training will be considered in
place of a bachelor’s degree.

A CPCU designation or evidence of continuing education in
the insurance industry is highly desirable.

Demonstrate knowledge and use of underwriting tools, such
as, but not limited to, loss development, trending, large deductible products,
and loss projections.

Ability to foster and maintain excellent relationships with
brokers, agents, and direct representatives. • Proven ability to effectively
manage people.

 Demonstrated
leadership skills.

Proven ability to properly price large accounts.

Knowledge of the underwriting function, insurance coverages,
and rate making.

Knowledge of senior living facilities.

Proven ability to identify and analyze exposures, recognize
areas of concern, and develop appropriate solutions.

Strong judgment, decision-making, organizational, and
negotiation skills.

Ability to communicate effectively by enhancing information
flow through active listening and sharing.

Coaching skills to assist others to grow and attain their
personal goals.

Ability to deal with confrontation and work to a solid
resolution.

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