Underwriter OR Senior Underwriter - Healthcare Solutions (Professional Liability)

Position Summary:

This is an outstanding opportunity for an Underwriter OR 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 1+ 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 $80,000 - $145,000. 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.

About Us

Skyward Specialty is a rapidly growing and innovative specialty insurance company, delivering commercial P&C products and solutions on a non-admitted and admitted basis. The Company operates through eight underwriting divisions – Accident & Health, Captives, Global Property & Agriculture, Industry Solutions, Professional Lines, Programs, Surety and Transactional E&S.

At Skyward Specialty, we approach insurance differently. Our specialty insurance experts are empowered to dig deeper to customize solutions that help brokers and agents deliver impactful solutions to their clients. We operate at the complex end of the specialty market and leverage technology to bring disruptive, innovative insurance solutions to market. We are agile and steadfastly focused on our strategy to lead in the select markets in which we choose to do business. We call this our rule our niche strategy.