Senior Underwriter Standard at Proassurance Corporation in Tallahassee, Florida

Posted in Other 3 days ago.





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.



The primary responsibility of the Senior Standard Underwriter is to support the HCPL underwriting strategy by underwriting and selecting new business that will produce an underwriting profit. This position is responsible for reviewing submissions and identifying exposure and risk, and determining accurate classifications and rates and may answer questions concerning a policy status or billing for policies. Under the guidance of the Supervisor/Director, they may analyze applications and screen applicants based on certain criteria, and ensures that policy transactions such as renewals or quotes are issued and changes are recorded correctly.



Essential Duties and Responsibilities:



45% Perform underwriting functions in accordance with established customer service and Treated Fairly standards. Create new business and review renewal business indications or quotes as requested by insured or agent. Perform underwriting duties in accordance with established guidelines. Perform duties within the framework of the rules, rates, and coverage forms filed and approved by law in the state of responsibility. Determine whether or not to write risk and whether any surcharges, discounts, or credits are applicable to coverage.


10% Interaction with agents/brokers in order to foster good relationships, identify prospects and other opportunities for business development.


10% Work with Underwriting Techs to foster efficient and accurate service to our agents and insureds to ensure accuracy.


5% Review with policy specialist risk profile and loss history information and take necessary steps to ensure that each renewal is appropriately classified and priced. Discuss issues with Claims Department as needed


5% Approve underwriting transactions and bind coverage within authority; provide analysis and file documentation to support decisions.


5% Attend Board/ Department meetings. Prepare underwriting reports and reviews as requested by management.


5% Request Risk Management referrals as indicated.


5% Some overnight travel required for meetings with agents/brokers or insureds; and to national trade shows or conferences



Secondary Duties and Responsibilities:



5% Supervise the underwriting process when Management is unavailable.


5% Perform special projects and lead initiatives as directed by management.



Qualifications



  • Bachelor's degree in Risk Management or Insurance, or another business field. Eight years insurance experience required in lieu of degree

  • Eight years healthcare professional liability underwriting experience



Completion or progress towards an insurance or professional liability designation (e.g. RPLU, CPCU, AINS) desired


Resident P&C insurance agents license may be required (can be obtained within one year from employment start date)


  • Demonstrated proficiency in underwriting skills through achieving targeted financial and operational results.

  • Demonstrated ability to work independently within underwriting authority.

  • Proven ability to establish effective internal and external relationships.

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

  • Critical thinking/problem solving skills required

  • Understanding of insurance and medical terminology, and insurance and underwriting principles required

  • Proficiency with Microsoft Office Suite

  • Excellent analytical, organizational and interpersonal skills

  • Effective cross-organizational team player

  • Self-motivated and able to accomplish multiple tasks in a timely manner

  • Accomplished written and verbal communication skills


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