Regional Underwriting Executive at Proassurance Corporation in Carmel, Indiana

Job Description:

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 1000 employees operating in all 50 states, we are well positioned to offer career opportunities to individuals interested in professional growth.



This position is with Eastern Alliance, a best in class workers' compensation provider and member of the ProAssurance family of companies.


The primary responsibility of the Underwriter is to execute the strategic initiatives and financial goals of the Underwriting Department in support of the Company's revenue and profitability objectives and overall business plan. This is accomplished through the sound decision-making process of performing new and renewal underwriting decisions and establishing effective relationships with agency partners. This position provides focused customer service and support for all commercial underwriting transactions within delegated authority, specifically focused on accounts within the Custom Accounts Unit.



Essential Functions:

• 35% Within approved authority, analyze risks and manage referrals for new and renewal business in support of the company's Underwriting objectives; make decisions in support of profitability about accepting, modifying or declining all new and renewal business within the timelines set by regulatory and Company guidelines.


• 15% Perform functions necessary for the accurate, timely issuance of quotations, policies, renewals, endorsements, cancellations, non-renewals, risk management surveys and required file documentation by working collaboratively with agency partners, Associate Underwriters and all internal colleagues. Has authority to approve waivers of subrogation for the traditional book.


• 15% Cultivate and develop high quality company-agency and company client working relationships by visiting and communicating with agents on a regular and timely basis as necessitated by business needs and company guidelines; identify any new alternative market opportunities to the account executive. Attend insurance related functions to support relationship development and visibility of the company.


• 10% Manage return-to-work initiatives by working collaboratively with agents, clients, claims, and risk managers to insure proper return to work guidelines and procedures are established, followed and achieved.


• 7% Lead, direct and coach the work of less experienced underwriters through the referral process. Support professional development of staff by mentoring specified individuals. Conduct formalized training presentations.

• 5% Manage book of business and agency related results and concerns by monitoring reports and communications and facilitate collaboration between Underwriters, Claims, Risk Management, and others as necessary.


• 5% Assist with company projects, file audits and underwriting department audits as assigned.


• 5% Prepare for, participate in and lead portions of unit and team meetings to discuss adverse accounts, solutions for managing these accounts, present educational material and other relevant information to staff, including the dissemination of competitive information and work process improvements.


• 3% Review monthly reports and goals and implement necessary changes to ensure strategic initiatives are being met.

• Bachelor's Degree required in Business, Insurance, or related field or CPCU designation can replace degree.


• Ten years insurance underwriting experience preferred. Prefer workers' compensation underwriting experience, and advanced certification or training or equivalent combination of education and experience.


• Demonstrates advanced technical underwriting proficiency.


• Ability to attend insurance and industry/business functions to promote and present a positive image of the Company.


• Proficiency in Microsoft Office computer applications; ability to learn new computer software applications.


• Advanced analytical ability, in order to analyze and interpret information; and make profitable decisions about risks.


• Attention to detail in processing policy information, establishing priorities, and meeting deadlines.


• Solid analytical and problem solving skills, including formulating logical and objective conclusions and the ability to think strategically.


• Ability to assess the urgency and importance of a situation and take appropriate action.


• Ability to communicate effectively and professionally both verbally and in writing with various constituencies and at all levels; both in and outside of the organization including agency partners, outside customers and clients