Senior Underwriter, Professional Liability - Healthcare

Ascot Group; New York (NY); On-site; USD 110,000 - 140,000; Full time

Job summary

Ascot Group is looking for a Senior Underwriter in the Professional Liability - Healthcare division. This role involves underwriting healthcare professional liability insurance, managing a book of business, and building relationships with clients and brokers. The ideal candidate will have significant experience in underwriting healthcare products and a strong understanding of the insurance landscape.

Benefits

Health and Welfare Benefits

Paid Time Off

Retirement Benefits

Life Insurance

Qualifications

• 4 years relevant work experience in Allied Healthcare or Healthcare Professional Liability underwriting.
• Demonstrated understanding of the local marketplace within Property & Casualty insurance.
• Ability to work independently with minimal supervision.

Responsibilities

• Underwrite new and renewal business for assigned healthcare products.
• Build and maintain relationships with internal and external stakeholders.
• Utilize data and analytics to improve productivity.

Skills

Judgment

Decision-Making

Client Service

Collaboration

Communication

Education

Bachelor's Degree

Job description

Senior Underwriter, Professional Liability - Healthcare

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Senior Underwriter, Professional Liability - Healthcare

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Job Description

This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.

Job Description

This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.

Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.

The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.

Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre- and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.

Job Summary

Ascot’s Professional Liability, Healthcare Business unit is seeking a motivated Senior Underwriter to assist in growing a diverse suite of Healthcare Professional driven products. The Senior Underwriter will be responsible for the profitability, growth and retention of an assigned book of business, within an assigned territory. Primary responsibilities will include underwriting new and renewal business, building and maintaining strong relationships with internal and external stakeholders.

Essential Functions And Basic Duties

• Assist in the buildout of the allied healthcare underwriting platform and policy wording.
• Individually contribute to the underwriting production, integrity, and profitability of all Healthcare Professional Liability products.
• Utilize data and analytics to improve the productivity of the Group and the broker experience.
• Develop and maintain broker and client relationships throughout the United States.
• Work closely with the Claims team to ensure that the products are performing as designed and that we have a ground up view of the loss scenarios and take appropriate remediation action.
• Interact with the Compliance department for all products to ensure business is operating in accordance with all corporate guidelines and procedures.
• Develop deep understanding of Ascot’s product offering across all AscotPRO business units.
• Willingness to work on high volume of small- to medium-sized risks.
  
  

Skills Required

• Bachelor’s Degree preferred.
• Demonstrated understanding of the local marketplace within the Property & Casualty insurance industry.
• 4 years relevant work experience in Allied Healthcare or Healthcare Professional Liability underwriting.
• Relevant work experience underwriting telehealth, life sciences, or regulatory medical billing risks preferred but not required.
• Exercises sound judgement, with strong decision-making skills.
• Provides excellent service to internal & external clients.
• Cultivate and maintain relationships with internal partners within the business unit and across Ascot’s footprint.
• Ability to work independently with minimal supervision.
• Strong collaborative skills in a fast-paced team-centric environment.
• Detail oriented with excellent communication skills, both written and verbal
• Excellent communication skills with the ability to successfully negotiate in difficult situations with brokers.
• Travel up to 15%
• This position may be filled at a different level, depending on experience***
  
  

Compensation

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus, and other forms of discretionary compensation awarded by the Company.

• The annualized base pay range for this role is: New York Metro: $110,000 - $140,000
  
  

Company Benefits

The Company provides a competitive benefits package that includes the following (eligibility requirements apply):

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more

Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)

Retirement Benefits: Contributory Savings Plan (401k)

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Insurance

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