Manager, Underwriting - Facilties

The Manager, Underwriting is responsible for managing and coordinating the day-to-day activities of the Facilities Underwriting team, underwriting complex accounts and ensuring effective management of assigned territory by performing the following duties.

Essential Duties & Responsibilities

• Supervise and coordinate underwriting activities for the team and ensures effective management of assigned territory.
• Assign team members to accounts; review and monitor files and ensure timeliness of underwriting activities.
• Assign team members' responsibility for underwriting accounts based upon their knowledge and experience.
• Ensure timeliness of work, including policy issuance and timely collection of premiums due.
• Underwrite complex accounts while maintaining their own portfolio.
• Support the profit and loss goals of the portfolio under management.
• Draft endorsements, review and discuss policy wording in coordination with product development - act as main liaison to product development for managed portfolio.
• Monitor the amount of insurance in force on single risk or group of closely related risks within assigned territory; evaluate possibility of losses due to catastrophe or excessive insurance, and recommend corrective action.
• Partner with enterprise underwriting team and division executive to determine staff authority.
• Lead and / or actively participate in presentations / RFP for current and prospective insureds.
• Meet with brokers to develop and foster relationships.
• Maintain knowledge of competitive landscape regarding pricing and product offerings of competitors.
• Collaborate with other functional areas to ensure all regulatory and compliance requirements are satisfied.
• Partner with segment leads to develop and implement underwriting guidelines for programs.
• Coordinate monthly meeting with Claims team to discuss large losses or losses of interest for portfolio under management.
• Work with Pricing & Analytics team to ensure that approved formulas and tables are utilized for calculation of rates and premium charge.
• Coordinate segment self-audit, audit files to ensure accounts are underwritten according to company policies and procedures.

Take corrective action when required.

• Attend and coordinate territory attendance at industry conferences.
• Work closely with the Underwriting Training Specialist in identifying and providing technical training to underwriting team to increase skill levels and underwriting authority.
• Supervisory responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work;

appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Education, Requirements & Competencies

• Bachelor's degree (B.A.) from four-year college or university preferred
• Five to ten years primary underwriting experience in Medical Malpractice Professional Liability Insurance .
• Experience in product design a plus
• CPCU or RPLU designation a plus, or equivalent related experience and / or training
• Previous supervisory experience preferred.
• Must be knowledgeable in insurance policy contracts, particularly medical malpractice, general liability, directors and officers liability, and excess / umbrella liability.
• Manager would be able to effectively communicate the elements of his / her program analysis with his / her peers, department management and the Program
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
• The ability to maintain strong producer relationships.
• Ability to develop familiarity with a wide variety of healthcare risks and as well as the regulatory, legislative, legal and economic factors that affect them.
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
• Proficiency with Microsoft Office suite of programs.
• Ability to learn the use of new software applications as required.

The base salary range is $118,500 - $160,000. Individual compensation packages are based on a variety of factors that are unique to each candidate including geographic location, skill set, experience, qualifications and education.

If you're a caring and customer focused individual who enjoys working with passionate team members, Coverys is the right company for you!