Underwriting Account Manager, Physicians

Primma LLC

$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree or equivalent business experience required
  • 2-3+ years of medical professional liability insurance underwriting experience
  • Proficient in Microsoft Office Suite
  • Knowledge of underwriting processes and coverages
  • Detail-oriented with strong organizational skills
  • Excellent written and oral communication skills
  • Ability to work independently in a professional office environment

Responsibilities

  • Underwrite accounts within assigned underwriting authority
  • Review and prepare quotation proposals for new business
  • Manage assigned book of business to achieve target loss ratio
  • Make renewal or non-renewal decisions based on underwriting criteria
  • Process policy endorsements and issuances
  • Communicate EmPRO's products and position effectively
  • Analyze and present account information and performance reports
  • Establish and maintain relationships with brokers and clients

Benefits

  • Opportunity for professional development and growth
  • Collaborative work environment
  • Exposure to the medical professional liability insurance sector
  • Involvement in diverse underwriting projects
  • On-site position fostering teamwork and direct communication
Full Job Description
**This is an on-site position located in Roslyn, NY**

General Summary: This position is responsible for the profitable growth of an assigned book of business, utilizing underwriting policies and guidelines. The Underwriting Account Manager will have a thorough understanding of EmPRO's strategies and appetites and will use internal and external data to make appropriate individual and portfolio risk decisions.

Essential Duties & Responsibilities:
  • Underwrite accounts within the scope of assigned underwriting authority
  • Review and prepare quotation proposals on new business submissions
  • Manage assigned book of business to a target loss ratio
  • Make decisions whether to renew or non-renew business based on loss ratio or other U/W criteria
  • Process various policy endorsements and policy issuance
  • Demonstrates in-depth knowledge of EmPRO's products and appetite while clearly communicating EmPRO's position at the point of sale
  • Prepare, analyze, and present account information, performance reports, and renewal opportunities to support business objectives.
  • Produce form letters on account status to brokers/clients
  • Input accounts in database
  • Produce analyses and reports on an as needed basis
  • Assist with projects on an as needed basis
  • Assist with claims coverage verification as needed
  • Follow -up with brokers/clients on requested documents
  • Conduct visits/meetings with our brokers & clients, establish and maintain effective relationships and communications
  • Keep abreast of industry and regulatory trends and requirements
  • Other duties as may be assigned

Education & Qualifications:
  • Bachelor's Degree, or equivalent business experience required. RPLU or CPCU designation desired
  • 2-3+ years medical professional liability insurance underwriting experience required
  • Proficient in Microsoft Office Suite
  • Knowledge of underwriting processes, coverages, and tools to gather and evaluate information in order to reach appropriate decisions on renewals and new business
  • Must be an independent worker who is detail-oriented and have good organizational skills.
  • Excellent written and oral communication skills
  • Ability to function in a professional office environment and utilize standard office equipment
  • Ability to maintain a cooperative, courteous, and professional relationship while speaking with management; ability to communicate effectively with diplomacy and professionalism

The actual compensation for this position will be determined by experience and other factors permitted by law.

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