Senior Associate Underwriter - PPM
Proassurance

Job Info

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An exciting opportunity exists to join the ProAssurance family of companies!

We are a specialty writer of professional liability, products liability and workers' compensation insurance. With approximately 1,000 team members operating in all 50 states, we are well-positioned to offer career opportunities to individuals interested in professional growth.

This position supports PPM, a division of our medical professional liability line of business specializing in coverage for anesthesiologists, and is based in Overland Park KS.

Job Summary:

The primary responsibility of the Senior Associate Underwriter is to provide support to the underwriter group by underwriting renewal and add-ons for existing large and/or experience rated accounts and select new business at the direction of the underwriter or underwriting management that will produce an underwriting profit. Review submissions and identify exposure and risk, determine accurate classifications and rates. The Senior Associate Underwriter may answer questions concerning a policy status or billing for the special account policies. Under the guidance of underwriters and underwriting management, they will analyze applications and screen applicants based on certain criteria, and ensure that policy transactions such as renewals or quotes are issued and changes are recorded correctly.

Essential Duties and Responsibilities:

60% - Evaluate risk through the review new and renewal business, determining risk acceptance, pricing terms and conditions.

• Ensure that renewal and new business submissions are complete with currently valued data.
• Perform functions in accordance with established standards, guidelines, rates, and coverage forms filed and approved by law in the state of responsibility.
• Load up relevant pricing models with exposure and loss data.
• Understand the type/class of healthcare risk, and prepare account summaries for underwriters.
• Recommend new and renewal business indications and quotes.
• Ensure that claims, and actuarial teams are engaged on larger accounts.

20% - Assist in broker communications, fostering good relationships, identifying prospects and other opportunities for business development.

10% - Attend Committee, team, department, cross functional team meetings. Prepare underwriting reports and reviews as requested by management.

5% - Assist in gathering data to be used for forecasting and reporting on new and renewal accounts.

Secondary Responsibilities:

5% - Work in partnership with other departments to foster efficient and accurate service to our agents, brokers and insureds. Performs special projects as needed.

Qualifications:

• Bachelor's degree required with a preference for study in Insurance, Risk Management, Business Administration or other business related field. Eight years of relevant work experience in lieu of degree is acceptable.
• Minimum of at least 4 years underwriting experience, with at least 1 year of professional liability underwriting experience, preferably at ProAssurance.
• Minimum one year of medical professional liability experience required, preferably at PRA.
• Resident P&C insurance agents license may be required (can be obtained within one year from employment start date).
• Understanding of insurance terminology, and insurance and underwriting principles preferred.
• Proficiency with Microsoft Office Suite.
• Excellent organizational and interpersonal skills.
• Self-motivated and able to accomplish multiple tasks in a timely manner.
• Basic analytical ability, in order to gather data and interpret information; request more information when data is incomplete and prioritize work.
• Continual attention to detail in processing policy information, establishing priorities and meeting deadlines.
• Ability to attend insurance and industry/business functions to promote and present a positive image of the Company.
• Ability to communicate effectively and professionally both verbally and in writing with all levels of the organization as well as with outside customers and clients.
• Ability to assess the urgency and importance of a situation and take appropriate action.

Here at ProAssurance, we believe our team members are our most valuable asset. We are committed to providing a dynamic and inclusive environment where everyone can do their best work and grow personally and professionally.

For that reason, we partner with The Predictive Index (PI) - an organization equally committed to improving the working lives of people, to help us hire the best talent by providing additional insight about one's work style.

The position you applied to requires completion of two assessments prior to being scheduled to interview with a hiring manager. Completion of the assessments is not required in order for your application to be reviewed and to speak with a Talent Acquisition team member. These assessments are Behavioral and Cognitive (internal candidates will only receive the Behavioral assessment), and each assessment takes less than 12 minutes to complete.

After submitting your application, you will receive two emails from The Predictive Index inviting you to complete each of these assessments (please check your SPAM or Junk email folder if you do not see these emails in your inbox).

Position Salary Range
$24.58 - $40.57
The salary range displayed represents the entirety of the pay grade for this position. Most candidates will start in the bottom half of the range. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have, your location and comparison to other team members already in this role.

This job has expired.