MagMutual · 9 hours ago
Senior Underwriter
United States
Full-time
Remote
Senior Level
7+ years expMagMutual is a company specializing in underwriting services, and they are seeking a Senior Underwriter to manage new and renewal business. This role involves underwriting complex accounts, ensuring compliance with guidelines, and interacting with agents and brokers to optimize relationships.
Financial ServicesHealth CareInsuranceMedicalRisk Management
Responsibilities
Handle all duties within authority level and assigned territory, which consists of large and complex accounts, insuring physicians, facilities, and hospital liability risks
Modify risk and coverage conditions on new or renewal business within limits of delegated authority and in accordance with established service and quality standards while maintaining production, account retention, and profitability objectives
Ensure the consistent implementation of underwriting guidelines for proper risk identification, assessment, documentation, and management
Assist in managing results through proactive input on necessary pricing structure terms, and risk assumption requirements
Assigned accounts may include loss sensitive features such as deductibles, SIR's, and profit sharing plans
Investigate and determine insurability of new applicants within authority level, analyze claim information, and rate and classify risk appropriately
Manage a renewal portfolio; effecting change based on analysis claim experience, changes in exposure, market conditions, etc
Adhere to established company guidelines and protocols with respect to underwriting and file documentation
Review red flag files, Account Summary History forms and Actuarial Analyses per guidelines with Head of Hospital Portfolio
Interact with agents and brokers and work with other company departments to ensure working relations are optimal
Assist Head of Hospital Portfolio with special projects requiring advanced underwriting experience
Qualification
Required
University degree, with a quantitative focus
Seven to ten years casualty underwriting experience, with an emphasis on medical professional liability
Expertise in writing large and more complex accounts required
Excellent communication and organization skills, as well as, knowledge of policy contract terms and conditions, classification, rating, and analytical skills
Knowledge of Microsoft Word and Excel required
Company
MagMutual
MagMutual provides insurance solutions for the practice, business, and regulation of medicine.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$100M2021-05-19Debt Financing· $100M
Leadership Team
Mark Poling
Chief Customer Officer, Partner
Recent News
2026-01-16
2025-10-17
Company data provided by crunchbase