Job Title Facultative/Treaty Medical Malpractice Underwriter
Country USA
Job Description

Our client is one of the world's leading providers of reinsurance and specialty insurance. They are a global enterprise committed to providing local expertise. The Company operates through its network of over 35 offices located in 13 countries, and writes business in more than 100 territories around the world.

Currently, they are seeking candidates with 2-5 years of medical malpractice underwriting, to fill the role of Medical Malpractice Underwriter.

OPPORTUNITY: Facultative/Treaty Medical Malpractice Underwriter

Essential Functions

  • Solicits new and renewal submissions from brokers
  • Determines terms and conditions and complex rating plans
  • Documents the underwriting files
  • Offers coverage within the terms and conditions which will generate a profit for the Company while meeting the needs of the customer
  • Identifies risk exposures, special or common hazards, and appropriate controls
  • Analyzes claims and quantifies losses
  • Analyzes financial statements and ratios used in risk analysis
  • Quantifies risks based on experience history and forecasting methods
  • Negotiates to achieve bottom line profitability for the Company

Skills, Knowledge & Ability

  • Strong analytical skills
  • 2-5 years of medical malpractice underwriting experience
  • Prefer exposure to reinsurance concepts
  • Proficiency in Excel
  • Ability to communicate effectively at all levels in the company
  • Ability to manage both support staff and client relations
  • Maintain confidentiality of company-sensitive data
  • Exercise discretion and independent judgment
  • Perform other related duties as required to achieve the goals and objectives of the company and department.
  • Ability to travel frequently

Education

  • Bachelor’s degree
  • Knowledge of the Insurance or Reinsurance industry as it pertains to coverages, rate making process, risk exposures and contracts