Acadia Insurance (a Berkley Company) · 2 months ago
Executive Underwriter, Allied Healthcare
Acadia Insurance, a Berkley Company, offers solutions for hard-to-place and distressed risks. The Executive Underwriter will be responsible for maintaining underwriting activities for Allied Healthcare, ensuring revenue growth and profitability while overseeing policy applications and managing a team.
Commercial InsuranceInsurance
Responsibilities
Maintain contributory responsibility for Allied Healthcare underwriting, including revenue growth, profitability and competitiveness by directing the activities for an underwriting function or team but overall sole responsibility for an individual book of business
Oversee policy applications, renewals, repricing, restrictions, and cancellations to determine risk acceptability and coverage
Demonstrate broad knowledge of the business including residential healthcare, social services, miscellaneous medical and excess medical liability lines of business
Link product line policies, procedures and practices to the overall company strategy
Demonstrate a broad overview of the company’s operations
Identify and act on opportunities to share line of business knowledge with customers and team
Recognize and advance the development of technological enhancements to meet strategic needs
Blend outside ideas with internal values when making recommendations
Network with peers and outside resources to exchange ideas and information
Make recommendations in the development and implementation of policies and practices
Recommend new coverage enhancements to products to fill market gaps needed to create customer value
Integrate coverage, service, and regulatory or emerging hazard issues to exceed the needs of the customer
Coach and direct others on coverage, service and regulatory or emerging hazard issues
Act as a referral source, within assigned authority, on coverage and pricing
Help train less experienced underwriters in product line
Achieve profitable growth through effective use of underwriting and business skills in assigned territory or product line
Develop pricing proposals utilizing advanced techniques
Understand pricing needs over a large territory or book of business
Work with claims to understand current claims trends and to incorporate trends into underwriting
Gather and analyze information to determine risk acceptability
Assess rate adequacy relative to exposure
Integrate internal and external resources
Assess and prioritize underwriting and service needs and the feasibility of their delivery
Identify critical exposures, trends and opportunities, and assist with the development of strategies to address them
Share specialized knowledge of exposures for industry or market segments
Persuade customers in a preferred direction
Demonstrate the ability to influence brokers
Build and lead effective underwriting teams
Negotiate advanced coverage issues
Solicit broker feedback and bring resolution to issues
Provide training guidance and act as a referral source on coverage and pricing
Demonstrate advanced selling skills
Coach and develop staff on client management
Qualification
Required
Four (4) year College Degree, or commensurate experience and training (Risk Management preferred)
Minimum of 10 years' management liability underwriting experience
Strong experience in Excess & Surplus Lines and Wholesale Brokerage Distribution
Experience writing primary and excess professional liability is required
Preferred
CPCU, ASLI, AU and other Professional designations preferred
Benefits
Competitive compensation plan
Robust benefits package for full time regular employees
Company
Acadia Insurance (a Berkley Company)
Acadia Insurance specializes in commercial property casualty insurance. Our company began in 1992 insuring businesses in Maine.
Funding
Current Stage
Growth StageLeadership Team
Recent News
2024-03-06
Coverager - Insurance news and insights
2022-06-28
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