The ProAssurance family of companies is dedicated to the ProAssurance Way values of Integrity, Leadership, Relationships and Enthusiasm. We reward effective, enthusiastic employees with a competitive salary and incentive package. We also provide a comprehensive suite of benefits such as a 401(k) with employer match, medical, dental, vision, long and short term disability, life insurance, and education assistance. Visit www.proassurance.com/careers/ to learn more about the company.
The primary responsibility of an Associate Underwriter is to assess risk and protect the company from financial loss by working closely with the underwriting, policy services, claims, sales and marketing and regulatory departments. The associate underwriter interacts with internal and external customers and plays a key role in ensuring that production and profitability goals are met and exceeded. The expectation is that the AU perform their duties in accordance with established customer service and Treated Fairly standards and do so within the framework of the rules, rates, and coverage forms filed and approved by law in the state of responsibility.
Essential Duties and Responsibilities:
Assist underwriter in reviewing and issuing direct and agent written new business and renewal applications and make recommendations regarding classification and pricing based on insurability and profitability. This includes comparing year over year risk profile and loss history information and take necessary steps to ensure that each risk is appropriately classified and priced.
Generate and mail out renewal offers monthly.
Analyze and appropriately process policy endorsement requests from insureds and agents.
Attend team, department and cross functional team meetings. Participate in discussions or education sessions with other teams or departments as needed. Review underwriting reports and reviews as requested by management.
Perform special projects as directed by management.
Work in partnership with Underwriting and Policy Services leadership and staff to foster efficient and accurate service to our agents and insureds.
High School diploma with 3 years professional experience required
Associate or Bachelor’s degree preferred
Minimum one year experience within an insurance environment required
Prior professional liability underwriting experience desired
Understanding of insurance terminology, and insurance and underwriting principles preferred
Proficiency with Microsoft Office Suite
Excellent organizational and interpersonal skills
Self-motivated and able to accomplish multiple tasks in a timely manner
Accomplished written and verbal communication skills
Strong analytical skills required
Additional Salary Information: Position is also eligible for annual bonus.
About PICA, a ProAssurance Company
PICA, a ProAssurance company, specializes in providing Medical Professional Liability coverage for Podiatrists and Chiropractors nationwide.