Senior Underwriter - Professional Liability - Healthcare

Skyward Specialty; United States; Remote; USD 100,000 - 140,000; Full time

Job summary

An established industry player is seeking a Senior Underwriter specializing in Medical Malpractice and Healthcare Professional Liability. This role involves managing a profitable book of business while utilizing strong analytical and negotiation skills to achieve growth targets. The ideal candidate will have a minimum of 4 years of experience in healthcare underwriting and a Bachelor's degree. Join a dynamic team that values innovation and offers a competitive rewards package, including health benefits and professional development opportunities. If you're ready to make a significant impact in the healthcare sector, this is the opportunity for you.

Benefits

Health and Welfare Benefits

401k Savings

Paid Time Off

Professional Certification Assistance

Employee Stock Purchase Program

Paid Holidays

Child Bonding Leave

Employee Assistance Programs

Qualifications

• 4+ years in healthcare underwriting, focusing on facility and physician risks.
• Strong relationships with wholesale brokerage community.

Responsibilities

• Underwrite and manage a profitable book of business in healthcare.
• Negotiate policy terms and analyze claims activity.

Skills

Underwriting

Negotiation

Analytical Skills

Communication

Relationship Management

Education

Bachelor's Degree

Tools

Microsoft Office Suite

Job description

Overview

Skyward Specialty is a property and casualty insurance holding company formed in 2007. Based in Houston, Texas, and with staff throughout the country, Skyward Specialty provides admitted and non-admitted solutions to retail and wholesale distributors, managing general agents and captive markets. We have built highly respected businesses in specialty lines including management professional liability, medical stop loss, surety, E&S property and liability, and large commercial property, as well as multi-line solutions for the energy, trucking and construction industries.

At Skyward Specialty, we approach this business differently. In fact, we’re different from most others in our industry in just about every way. We have the spirit of a start-up with the security of over $1.7 billion in Written Premium. We put immense brain power and energy into finding greater insights to uncover better opportunities for our clients, partners, and people. We think at a higher level, so they can succeed at a higher level.

We are committed to a Diverse Workforce

Skyward Specialty is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, nativity, neurodiversity, genetics, disability, age, or veteran status. For more information about us please visit www.skywardinsurance.com

Responsibilities

Position Summary:

Opportunity for a Senior Underwriter, specializing in Medical Malpractice, Healthcare Professional Liability, and General Liability for miscellaneous medical facilities (primary and excess), physicians and physician groups. Working both independently and part of a team to successfully manage their assigned book of business along with contributing to the overall profitability of the Healthcare Solutions business portfolio. This individual must be able to illustrate sufficient technical analysis, have a strong underwriting acumen combined with the necessary sales and marketing skills to achieve profitable growth targets.

Essential Duties and Responsibilities:

• Produce, underwrite, manage and service a profitable book of new and renewal business.
• Utilize underwriter authority in accordance with the published underwriting guidelines.
• Effectively negotiate and secure policy terms that align with the company directives and provide detailed explanations regarding terms, conditions and requirements of quotes and rating decisions.
• Analyze claims activity and loss experience.
• Compose, prepare, and generate correspondence, proposals, and underwriting reports as needed or required.
• Develop and communicate new business or renewal rate recommendations and decisions in accordance with level of underwriting authority.
• Ability to seek out and secure new and profitable business.
• Develop and manage underwriting strategies and monitor performance of assigned portfolio of accounts, and initiate actions to improve performance when needed.
• Manage and develop effective producer and client relationships throughout assigned territory.
• Coordinate strategy and work collaboratively with other aligned business functions including claims, actuarial, loss control and others.
• Make internal and external presentations as necessary to communicate portfolio performance to peers, producers, and leadership as necessary.
• Provide direction and support to associate underwriters as a coach/mentor or trainer and/or provide peer review.
• Other duties as assigned.

Qualifications

• Minimum 4+ years’ experience within the healthcare segment focusing on healthcare facility risks and/or physician risks preferred; and/or experience in casualty lines including GL, HNOA and excess liability
• Physical location and/or broker relationships in the midwest region highly preferred
• Bachelor’s Degree preferred
• Knowledge of specialized healthcare liability forms wording and program structures
• Strong relationships with wholesale brokerage community
• Knowledge of the market, portfolio management, acquisition and distribution
• Ability and willingness to be highly visible in the marketplace and travel as necessary (estimated 25%)
• Ability to document and maintain underwriting files that are professional and compliant
• Proficient in Microsoft Office Suite (Outlook, Word, Excel, pivot tables).

Specialized Knowledge/Beneficial Skills and Experience:

• Professional certifications preferred
• Familiar with healthcare industry concepts, practices and procedures.
• Demonstration of industry knowledge and judgment during underwriting process to set pricing, review risk, negotiate, and accomplish goals.
• Excellent written and verbal communication and negotiation skills.
• Strong analytical skills and the ability to pay attention to details.
• Self-starter with strong drive to succeed.
• Ability to carry out assignments within parameters of instructions given, prescribed routines and standard accepted underwriting practices.

Compensation & Benefits

The applicable base salary for this opportunity is $100,000 - $140,000. The base pay offered will be determined by factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. In addition to the base salary, this opportunity may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition and professional certification assistance, 401k savings, elective participation in the Employee Stock Purchase Program, paid time off, paid holidays, and child bonding leave, as well as other employee assistance programs.

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