National Lead Underwriter Allied Healthcare - Professional Liability

$200,000 - $275,000/Yr

Axis - Red Bank, NJ

Full-time - Senior

Remote - Red Bank, NJ

Crop Production

About the position

This position at AXIS Capital offers a unique opportunity to lead the entry into the Allied Healthcare Errors & Omissions (E&O) Market, specifically focusing on healthcare professional liability for Allied Health and Miscellaneous Medical sectors. The Unit Leader for Professional Liability - Allied Healthcare will be responsible for developing a comprehensive strategy that includes creating a robust product offering and implementing a go-to-market plan aimed at driving growth. This role is crucial in building a strong wholesale distribution network and will involve identifying and nurturing new opportunities for growth within the Allied Healthcare sector. As part of the professional liability leadership team, the Unit Leader will shape the strategic direction of the portfolio by defining interests and establishing solid relationships within the wholesale distribution networks. In addition to strategic responsibilities, the Unit Leader will act as a visible thought leader, staying ahead of market trends and ensuring exceptional underwriting performance. This role requires building and leading a highly efficient team of Underwriters, providing guidance, coaching, and support to ensure that team members meet their goals and objectives. The ideal candidate will have extensive experience in leading and building a successful Allied Healthcare practice for a top-tier insurance carrier, with a proven history of developing underwriting talent and maintaining relationships with distribution partners. A comprehensive understanding of underwriting fundamentals, policy structures, and product design is essential for efficiently applying underwriting approaches across diverse healthcare sectors. The work profile for this role includes a combination of in-office work three days a week, remote work, and travel to attend industry and company events. The candidate will be expected to implement underwriting strategies that align with the organization's goals and distribution objectives, drive brand awareness, and provide thought leadership on emerging risks and trends in the marketplace. This position is ideal for individuals looking to make a significant impact in the Allied Healthcare sector while leading a team of experts.

Responsibilities

• Establish an Allied Healthcare underwriting methodology to grow the market successfully and sustainably.
• Implement underwriting strategies including price adequacy, coverage, and portfolio class elements.
• Drive and align profitability, growth, and efficiencies with the organization's goals and distribution objectives.
• Build, manage, and lead the underwriting team, providing guidance, coaching, and support to ensure team members are meeting their goals and objectives.
• Establish overall direction and strategic initiatives for Allied Healthcare vertical solutions, including identification of new coverages and product development.
• Drive brand awareness and affinity by providing thought leadership and insight into emerging risks, trends, and opportunities to the marketplace and brokers.
• Research competitors and market conditions to develop and maintain risk selection criteria and methods that support sound underwriting risk management.
• Work closely with enterprise leadership to identify growth opportunities and develop new business relationships.
• Build and maintain relationships with key partners and stakeholders, including brokers, agents, and reinsurers.
• Oversee the development and implementation of underwriting policies and procedures, ensuring they are up-to-date and effective.
• Monitor underwriting performance and provide regular reports to senior management, identifying areas for improvement and taking corrective action when necessary.
• Collaborate with other departments, including actuarial, claims, and finance, to ensure a cohesive and effective approach to underwriting.

Requirements

• Bachelor's degree; advanced degree preferred.
• Direct technical underwriting background in the Allied Healthcare sector.
• Direct background in national or regional leadership roles.
• Direct background in establishing and supporting growth of a national portfolio of Professional Liability.
• Direct success in establishing and expanding wholesale distribution relationships.
• Direct background leading and driving product development and market segmentation strategies and tactics.
• Market awareness of current state dynamics and complexities, and how the macro environment can be synthesized into the AXIS strategy.
• Excellent analytical skills and the ability to interpret complex data.
• Strong leadership skills, with the ability to motivate and develop a team.
• Excellent communication and people skills, with the ability to build and maintain relationships with a range of stakeholders.

Benefits

• Medical plans for employees and their families
• Health and wellness programs
• Retirement plans
• Tuition reimbursement
• Paid vacation
• Competitive incentive targets based on corporate and individual performance