Senior Underwriter
RESPONSIBILITIES
- Territory Management: Develop and execute a strategic plan to achieve profitable growth and retention within an assigned geographic territory. Build and maintain strong relationships with key brokers and clients within the territory.
- Underwriting and Risk Assessment: Evaluate new and renewal medical professional liability risks. Analyze submissions, financial statements, loss history, and other relevant information to assess risk exposure.
- Pricing and Terms: Determine appropriate pricing, terms, and conditions based on risk assessment, actuarial guidelines, and market conditions to ensure profitability.
- Policy Documentation: Prepare and review policy documentation, endorsements, and other related correspondence to ensure accuracy and compliance.
- Cross-Selling: Actively identify and pursue opportunities to cross-sell other [Company Name] products and services to existing and prospective clients within the assigned territory. Collaborate with other departments as needed to facilitate cross-selling efforts.
- Broker and Client Management: Serve as a primary point of contact for brokers and clients, providing exceptional service and building strong, long-term relationships. Respond to inquiries, negotiate terms, and resolve issues in a timely and professional manner.
- Market Knowledge: Stay informed about industry trends, market conditions, competitor activities, and regulatory changes within the medical liability sector and assigned territory.
- Collaboration: Work closely with other underwriting team members, claims professionals, risk control specialists, and marketing/sales colleagues to achieve business objectives and provide comprehensive solutions for clients.
- Compliance: Adhere to all underwriting guidelines, company policies, and regulatory requirements. Ensure accurate and compliant documentation throughout the underwriting process.
- Travel: Occasional travel within the assigned territory may be required for broker and client meetings, industry events, and internal meetings.
- Bachelor's degree required.
- 3 or more years of underwriting experience, including demonstrated ability to handle middle market and/or large risks.
- Prior experience underwriting medical malpractice or casualty is helpful.
- Proven ability to build and manage strong relationships with both internal and external customers.
- Must be self-motivated and able to work independently and effectively under tight deadlines.
- Thrives in a dynamic, fast-paced environment and demonstrates strong accountability for achieving measurable results.
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