Underwriting Manager - PPM at Proassurance in Overland Park, Kansas

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 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 professional liability coverage for anesthesiologists, and is based in Overland Park KS.


For full consideration, candidates should have medical professional liability experience.



Job Summary:



The Underwriting Manager Analyst is a leadership position that works side-by-side with the PPM Underwriting Management to ensure exceptional results. The position manages an Underwriting team of professionals providing leadership, direction, performance coaching and development to the team in all technical, operational and performance aspects. The Underwriting Manager Analyst is also responsible for directly handling underwriter responsibilities for specific complex accounts and territories. The Manager is responsible for providing quality and efficient service, handling elevated customer inquiries, troubleshooting, and training. This position also has responsibility for monitoring trends and activities of other MPL carriers.



Essential Duties and Responsibilities:



50% - Underwriting Management of team and profitability of book of business; evaluate new and renewal business to ensure risk quality.

• Recruits, selects, and develops team members. Provides guidance, support, and growth opportunities to team. Ensures that each team member has a meaningful professional development plan that supports the team member's career goals. Manages the achievement of performance objectives for the team; provides frequent feedback and meets with direct reports on a regular basis for meaningful coaching discussions on all aspects of the team member's performance and development. Conducts meaningful annual performance reviews on a timely basis and establishes SMART goals for team members. Ensures the delivery of regular, quality training programs to enhance technical, business, supervisory and interpersonal skills of employees; collaborates with other departments on training and development opportunities. Conducts regular team meetings to review department goals and collaborate on department practices to improve efficiency and deliver an exceptional underwriting experience.


• Evaluates team members and determines authority levels and monitors decisions for compliance and ensures team is in accordance with underwriting procedures and strategies, industry standards and internal requirements.


• Actively engages with forms and develops new relationships as well as maintains and strengthens existing relationships with direct insureds and agent partners in designated region.


• Manages own book of business usually consisting of more complex accounts.


• Ensures the application of underwriting management procedures and strategies.


• Participates in policyholder meetings for new and renewal business.


• Develop, implement, and monitor account plans for large and midsize accounts, as appropriate.


• Provides UW management with team status reports as needed.


• Collaborates with region service teams (Business Development, Claims, Risk Management and Actuary) on accounts and state strategies.


• Advanced ability to analyze and interpret information to make profitable decisions about risks, develop and execute on strategies and plan tasks.


• Monitors workflows, processes, and procedures for continuous improvement.


• Performs account coordination activities with other departments when needed.


• May perform internal quality control audits and manages staff for internal and external audits.


• Coordinates or participates in file reviews and preparation for reinsurance, state, and internal audits.


• Ensures compliance with individual state requirements and policies and procedures.

45% - Underwriting Analysis and Competitor Review:

• Monitors rates, forms, and underwriting practices for all other medical malpractice carriers in all states of interest and keeps current with developments in the marketplace. Maintains rate, rules, and actuarial filings. Disseminates rate findings in an easily understood fashion. Develops market intelligence from other medical malpractice carriers as needed. Compiles rate studies of various carriers as needed and maintains Competitor Rate Change Database.


• Monitors State Fund Compliance.


• Negotiates and maintains electronic rate filings where available through A.M. Best.


• Establishes contact with the National Association of Insurance Commissioners (NAIC) as required.


• Coordinates and documents regulatory compliance.


• Negotiates and maintains corporate insurance program for the PPM Services group of companies.


• Performs reinsurance treaty adjustment calculations.


• Works with the Missouri Insurance Coalition regarding bills/regulations that affect the Company.


• Represents the Company at hearings in the State of Missouri where the Company is directly affected.


• Negotiates, maintains, and monitors the Company subscription to and use of Westlaw Legal & Public Records Research Tools.


• Provides Guidance and education to Sales/Underwriting Staff for larger Account Review and those desiring risk sharing programs.


• Provide various reports by state on Premium and Loss History to Senior Management.

Secondary Responsibilities:



5% - Perform special projects as directed by management.



Qualifications:

• Bachelor's degree in insurance, Business, or related field, with 8 years of experience in professional liability underwriting including 3 years of supervisory experience.


• CPCU, RPLU or other relative insurance or professional designations desired.


• Excellent knowledge of the medical professional liability insurance industry.


• Strong Leadership skills with the ability to effectively motivate and develop team.


• Proven ability to prioritize, anticipate and solve practical problems or resolve issues, assess the urgency and importance of a situation, and take appropriate action.


• Review the work of others, provide feedback, and approve other underwriters' quotations.


• Solid knowledge of rating and documentation management and workflow systems.


• Able to create, build and develop superior relationships with agencies and internal colleagues.


• Skilled negotiator.


• Excellent verbal and written communication skills.


• Proficient with Microsoft Office Suite.


• Must be available to travel up to 20% of the time.

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 may require 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

$72,962.00 - $120,400.00

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. Apply Now