Job DescriptionWe are seeking an experienced excess and surplus lines underwriter to join OMSNIC as Surplus Lines MPL Underwriter. This is a growth opportunity for an underwriter who wants to build a career in the E&S marketplace. Reporting to the Manager, Underwriting - Surplus Lines, you will serve as a trusted partner to wholesale brokers while building a profitable book of non-admitted medical professional liability business.
Essential Duties and ResponsibilitiesUnderwriting and policy management- Manage the surplus lines submission, quoting and binding process for new business, within established time frames
- Independently evaluate insurability for risks outside standard admitted guidelines, including practice- and facility-based exposures
- Classify and price accounts using Company rating tools, and develop terms, conditions and pricing for non-admitted risks, using E&S freedom of rate and form, including manuscript wording, endorsements and exclusions
- Manage renewals with a focus on retaining profitable accounts, using loss history and experience and loss rating, in collaboration with Actuarial as needed
- Manage endorsements, midterm requests and policy audits within established time frames
- Follow the Letter of Authority without exception, and refer risks exceeding authority to management or the appropriate Company committee in time for review
Broker relationships- Build and manage relationships with wholesale and surplus lines brokers, and clearly communicate underwriting decisions
- Lead strategic marketing calls and participate in renewal meetings with brokers, insureds and prospects
- Provide accurate, timely quotes and information, and creatively manage problem resolution and coverage negotiations
- Travel to broker offices, industry events and conferences as needed
Portfolio management and market intelligence- Monitor submission activity, quote and bind ratios, retention and loss ratio against production and profitability goals
- Analyze portfolio performance and recommend underwriting, pricing, process and product improvements
- Track competitor products, E&S market trends and evolving MPL risk exposures, and share insights with underwriting leadership
- Collaborate with Claims, Actuarial and Finance to inform underwriting decisions and portfolio strategy
Compliance and mentoring- Maintain compliant, audit-ready underwriting files
- Stay current on surplus lines eligibility, licensing and filing requirements across assigned states, including the Nonadmitted and Reinsurance Reform Act (NRRA) and home-state filing rules
- Monitor support staff's work, and provide technical guidance, coaching and mentoring to support staff and less experienced underwriters
Competencies- Clear, concise written and oral communication, with confident presentation, negotiation and listening skills
- Strong analytical and financial skills to analyze loss data, make recommendations, and prepare both detailed reports and high-level summaries
- Sound underwriting judgment on complex, non-standard exposures, and the ability to help refine underwriting processes and guidelines for those risks
- Proven relationship management expertise with wholesale and surplus lines brokers, including long-distance relationships
- Detail oriented and able to work independently, with strong time management skills and the flexibility to meet hard deadlines as workload requires
- Proficiency with Microsoft Office (especially Excel pivot tables and lookups), rating and document management systems, and AI tools such as Claude, with the ability to quickly learn new technology
Education and Experience- Bachelor's degree preferred in business, economics, risk management, insurance or a related field, or an equivalent combination of education and experience
- 3-5 years' experience underwriting E&S or non-admitted professional liability, ideally medical professional liability, with a proven record of sound risk assessment and underwriting decisions
- Working knowledge of medical professional liability coverage, policy wording, terms, conditions and underwriting guidelines; experience with dental risks and established E&S wholesale broker relationships a plus
- Property and casualty license preferred, or ability to obtain, plus surplus lines licensing as required by assigned states
- CPCU, RPLU, AIC, ARM or similar designation, or progress toward one, preferred
Work Environment- Performs work in an office environment (hybrid opportunity at manager's discretion)
- Travel to broker offices, industry events and conferences as needed
Salary$77,000-$96,000
The salary range represents the entirety of the pay grade for this role. Final salary will be based on the candidate's skills, years of experience, and qualifications.
Benefits- Medical, Dental, and Vision Insurance
- 401(k)
- Short and Long-term disability
- Life Insurance
- Employee Assistance Program
- Long-term incentive plan
- Educational Assistance and rewards program
- Paid Time Off
- Paid Holidays
- Paid parental leave
- Home office stipend
