HPL Senior Underwriter
Apply NowCompany: Tokio Marine HCC
Location: Chicago, IL 60629
Description:
Position Summary
We are looking for an experienced Underwriter to join a newly formed team to help develop, manage and grow a book of complex healthcare professional liability accounts - always with the goal of maintaining long term profitability. The ideal candidate will have:
This is a ground floor opportunity with significant growth potential for the right candidate.
Key Responsibilities
Competencies
People Management
Position Knowledge, Skills, and Requirements
Experience
Education
Certification, Licenses and Designations
Other
Working Conditions and Physical Demands
Travel Requirements
Additional Working Conditions and Physical Demands
Disclaimer
Note
This document is intended to describe the general nature and level of work being performed, and is not to be construed as an exhaustive list of all responsibilities, duties and skills required for the job.
TMHCC will consider all requests for reasonable accommodation as outlined in the Employee Handbook. Management may, at its discretion, assign or reassign duties and responsibilities to this job at any time.
We are looking for an experienced Underwriter to join a newly formed team to help develop, manage and grow a book of complex healthcare professional liability accounts - always with the goal of maintaining long term profitability. The ideal candidate will have:
- excellent analytical, negotiation and communication skills,
- experience underwriting excess professional liability on an insurance and reinsurance basis, and
- good relationships with regional and national brokerage firms.
This is a ground floor opportunity with significant growth potential for the right candidate.
Key Responsibilities
- Analyze and underwrite large and complex healthcare risks to determine the appropriate structure, terms and conditions required to profitably write the account.
- Carefully review underlying and/or captive policy wording to assess the risk assumed and the need for manuscript endorsements.
- Work closely with the Actuarial team to determine pricing.
- Manage the end to end underwriting process of quoting, binding and policy issuance.
- Cultivate relationships with internal and external contacts to facilitate the underwriting process, promote business development, and to remain abreast of industry trends.
- Serve as a resource to other departmental staff with regards to underwriting procedures and departmental guidelines.
Competencies
People Management
- No people management responsibility.
Position Knowledge, Skills, and Requirements
Experience
- 5 Years Relevant underwriting or broking experience in HPL or related fields. Experience with large account underwriting, loss rating and form analysis are a plus.
Education
- Minimum 4 Year / Bachelor's Degree
Certification, Licenses and Designations
- Studies toward attaining a Registered Professional Liability Underwriter (RPLU), Chartered Property Casualty Underwriter (CPCU), Associate in Commercial Underwriting (AU), Certified Insurance Counselor (CIC) or equivalent insurance designation depending on specialty area
Other
- Possess and have ability to apply broad knowledge of principles, practices, and procedures
- Excellent written and verbal communications skills with an emphasis on confidentiality, tact, and diplomacy
Working Conditions and Physical Demands
Travel Requirements
- 25% - 50% of time
- Driver's License Required
- Passport not required
Additional Working Conditions and Physical Demands
- Overtime hours may be required to fulfill job responsibilities
- May be required to remain stationary for extended periods of time
- May be required to move up to 10 pounds
- Must be able to operate a computer and other devices
- Close vision and ability to adjust focus, such as required to read a computer screen
Disclaimer
Note
This document is intended to describe the general nature and level of work being performed, and is not to be construed as an exhaustive list of all responsibilities, duties and skills required for the job.
TMHCC will consider all requests for reasonable accommodation as outlined in the Employee Handbook. Management may, at its discretion, assign or reassign duties and responsibilities to this job at any time.