Full-Time Underwriter, Professional Liability Insurance
Job Description
Our Underwriting team is looking for a experience Underwriter who has strong skills in the liability insurance industry, preferably large hospitals. We are a focused, fast-paced team supporting a successful renewal retention rate of 100%, and currently working collaboratively across our two main underwriting locations: Granite Bay and Alamo. If you are an experience underwriter driven by results-oriented goals, have the ability to build strong key account relationships, thrive in a successful and fast-paced environment. This position allows for telecommuting.
ABOUT BETA HEALTHCARE GROUP:
BETA Healthcare Group (BETA) is the largest professional liability insurer of hospitals on the west coast, providing coverage to more than 600 hospitals and healthcare facilities and provides workers’ compensation coverage for over 70,000 healthcare workers in California. BETA also has a long-established and growing commitment to physicians, providing medical professional liability coverage to nearly 7,600 physicians and more than 50 medical groups. Beyond primary liability and workers’ compensation coverage, BETA provides an entire suite of alternative risk and insurance services, including excess healthcare professional liability coverage, excess workers’ compensation coverage, third-party claims administration services, risk management consulting services and claims management consulting services. Whether with hospitals, medical groups, clinics or hospices, BETA has earned a reputation for financial strength, rate stability, quality service and breadth of coverage that is unparalleled in the industry.
ABOUT THIS ROLE:
This is a mid-level role in our Professional Liability Underwriting Department. We are looking for a liability underwriter for BETA’s healthcare facilities, large hospitals and HealthPro medical groups. In this role, you will use methods necessary to meet projected contribution/premium and profitability goals and will be responsible for providing coverage contract and policy maintenance to our customers.
IN THIS ROLE YOU WILL
- Underwrite and manage a book of new and renewal business to include Healthcare Professional Liability (PL) & General Liability (GL), Directors & Officers (D&O), Employment Practices Liability and Auto (EPL) coverages
- Gather and analyze information to determine risk acceptability
- Demonstrate analytical skills with the proven ability to make expedient and sound decisions
- Demonstrate success in negotiation and building collaborative relationships
- Analyze and resolve issues pertaining to coverage, including answering questions on Healthcare PL, GL, D&O, EPL and Auto coverages
- Assist facilities, medical groups, and brokers with questions regarding rates, credits, contribution/premium methodology, and census categories
- Maintain professional working relationships with all brokers and members
- Identify and discuss with management areas of improvement related to coverage and rating
- Review third-party contractual insurance requirements, specifically hold harmless and indemnification clauses
- Approve coverage requests, including underwriting and evaluating risk, completion of forms, and maintenance of data
- Perform contribution/census audits and site visits as required
- Meet or exceed financial goals including profit, rate, retention, and growth
- Must have reliable and safe transportation to other BETA offices, business partners, and members
QUALIFICATIONS
- High School Diploma or G.E.D. required; Bachelor’s degree and/or insurance designations preferred
- Minimum 5 years’ experience in insurance underwriting, preferably in hospital and/or physician malpractice
- Ability to multi-task, prioritize and employ time management skills to meet deadlines
- Ability to work independently and exercise good judgement
- Strong analytical and organizational skills with attention to detail
- Proficient with Microsoft Office Suite, including: Word, Excel, and other business-related software
Hiring Base Salary Range: $71,000-100,000/annual DOE
How to Apply
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