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Management Liability Program Underwriter

Brown & Brown Insurance
United Statesfull_timeVerifiedPosted 6 Sept 2024
💰 $90,000/yr

About the role

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Brown & Brown is looking for a Program Manager – Management/Professional Liability, to join our US Programs team. This is a great opportunity for an experienced management/professional liability underwriter interested in helping build a new portal program for small business.  This role is a Hybrid position located in one of the following locations: Chicago, Dallas, or Morristown NJ. 

 

The Program Manager will play a key role in the launch of a new portal program as the lead referral underwriter, reporting direct to the Head of Financial Lines.  They will take an active part in a broad spectrum of technical underwriting, pricing, and coverage responsibilities for this new portfolio.

 

WHAT YOU’LL DO:

  •  Underwrite referral risks that agents submit through the portal – D&O, EPL, Fiduciary, Crime and Miscellaneous Professional Liability coverages.

  • Adhere to binding authority guidelines and underwriting authority, evaluate accounts to determine risk acceptability, contractual terms, and pricing.

  • Actively participate in all aspects of effective quality control assessments of the portal. These may include conducting portal audits, monitoring, and assessing key performance indicators.

  • Collaborate as needed with senior management on larger, more complex accounts requiring special expertise.

  • Develop, drive, and continually improve underwriting and pricing strategies to support a profitable and competitive pricing approach to the market in the portal.

  • Monitor business results and pro-actively identify trends in conjunction with product management and other internal resources/teams to develop/drive strategies to improve business results.

  • Develop and distribute effective resources, education materials, and training to portal agents and others to assist them in better understanding the value associated program offerings and service.

  • Remain current on legal and regulatory changes and claim development in order to contribute to portfolio profitability.

 

WHAT YOU’LL NEED:

  • Bachelor's degree and 5+ years of management & professional liability underwriting experience – with a preference on program/referral underwriting experience.

  • Demonstrates significant contribution to underwriting profit and best practices.

  • Independent decision maker – takes full responsibility for making decisions and consequences associated with decisions.

  • High attention to detail and accuracy.

  • Ability to work independently and collaborate effectively with colleagues across multiple departments.

  • Knowledge of the management and professional liability external market.

 

WHAT WE OFFER:

  • Excellent growth and advancement opportunities.

  • Competitive pay based on experience and results.

  • DTO – Discretionary time off

  • Generous benefits package health, dental, vision, etc.

  • Employee Stock Purchase Plan

  • Target compensation - $90k-130k

#LI-HO1

We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.

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Company

Brown & Brown Insurance

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