Job Description
Job Description
General Summary: This position is responsible for the profitable growth of an assigned book of Healthcare Professional and General Liability business utilizing underwriting policies, guidelines, rating manual rules and insurance laws and regulations. The Senior Underwriting Account Manager will have a thorough understanding of EmPRO’s strategies and appetites and will use internal and external data to make appropriate individual and portfolio risk decisions.
**This position has potential to be based in our Roslyn, New York; Boston, Massachusetts; or Hamilton, New Jersey offices. Training will take place in Roslyn, New York regardless of the primary location of the position. Employees based outside of New York will need to be able to travel to the Roslyn site as needed. Ability to work from home contingent upon prior experience.**
Essential Duties & Responsibilities:
- Underwrite accounts for the Healthcare Facilities Underwriting within the scope of assigned underwriting authority.
- Reviews applications and financial requirements to determine acceptability of risk in accordance with EmPRO’s guidelines and standards.
- Understands pricing components and rating methodology as well as use of the predictive modeling tools; prices risk based on financial and competitive analysis.
- Use all appropriate underwriting tools disciplines and knowledge of strategies to ensure underwriting guidelines are followed.
- Strong ability to identify, analyze and solve problems as well as the ability to manage and prioritize multiple concurrent projects.
- Review and prepare quotation proposals on submission and renewing accounts for both Healthcare Professional and General Liability.
- Demonstrates technical underwriting skills through strategic, thorough account reviews and file documentation.
- Keeps current on state/territory issues, regulations, and trends.
- Manages assigned portfolio to achieve gross written premium, profitability, rate, retention, product mix, new business and portfolio management goals
- Demonstrates in-depth knowledge of EmPRO’s products and appetite.
- Process various policy endorsements and policy issuance.
- Produce analysis and reports as required.
- Assist with claims coverage verification as needed.
- Input account in database, enter information from application, loss runs, and other information as necessary
- Conduct visits/meetings with our brokers & clients to establish and maintain effective relationships and communications.
- Prepare and deliver high-level presentations of complex accounts and portfolio performance to senior management for review and approval.
- Collaborate closely with the Risk Management team to identify potential exposures and develop tailored strategies to help mitigate risks for specific accounts.
- Follow-up with brokers/clients on requested documents.
- Other duties as assigned by management.
Education & Qualifications:
- Bachelor’s Degree, or equivalent business experience required. NYS broker’s license desired.
- 5+ years of hospital professional liability insurance is preferred but will consider physicians professional liability experience with a focus on Healthcare Facilities; general liability experience preferred.
- Proficient in Microsoft Office Suite.
- Knowledge of underwriting processes, coverages, and tools to gather and evaluate information in order to reach appropriate decisions on renewals and new business.
- Must demonstrate ability to maintain an effective working relationship with other departments, employees, management, and clients.
- Excellent verbal and written communication skills.
- Must be detailed oriented and have good organizational skills.
- Ability to work without direct supervision, make independent decisions and meet specific deadlines.
- Must be able to travel to the Roslyn, NY office as needed (if not primary work location).
The actual compensation for this position will be determined by experience and other factors permitted by law.