Strategic Business Development Manager
4 days ago
**Job Summary**
We are seeking a skilled Strategic Business Development Manager to join our team at Primma, LLC. This role will be responsible for the profitable growth of an assigned book of Healthcare Professional and General Liability business.
The successful candidate will have a thorough understanding of our strategies and appetites and will use internal and external data to make appropriate individual and portfolio risk decisions.
Key Responsibilities:
- Underwrite accounts for the Healthcare Facilities Underwriting within the scope of assigned underwriting authority.
- Reviews applications and financial requirements to determine acceptability of risk in accordance with our guidelines and standards.
- Understands pricing components and rating methodology as well as use of the predictive modeling tools; prices risk based on financial and competitive analysis.
- Uses all appropriate underwriting tools disciplines and knowledge of strategies to ensure underwriting guidelines are followed.
- Strong ability to identify, analyze and solve problems as well as the ability to manage and prioritize multiple concurrent projects.
- Review and prepare quotation proposals on submission and renewing accounts for both Healthcare Professional and General Liability.
- Demonstrates technical underwriting skills through strategic, thorough account reviews and file documentation.
- Keeps current on state/territory issues, regulations, and trends.
- Manages assigned portfolio to achieve gross written premium, profitability, rate, retention, product mix, new business and portfolio management goals.
- Demonstrates in-depth knowledge of our products and appetite.
- Process various policy endorsements and policy issuance.
- Produce analysis and reports on an as need basis as required.
- Assist with claims coverage verification as needed.
- Input account in database, enter information from application, loss runs, and other information as necessary.
- Conduct visits/meetings with our brokers & clients to establish and maintains effective relationships and communications.
- Follow-up with brokers/clients on requested documents.
- Other duties as assigned by management.
Requirements:
- Bachelor's Degree, or equivalent business experience required. NYS broker's license desired.
- 5+ years of related hospital professional liability insurance required; general liability experience preferred.
- Regular travel to our office is required on an as-needed basis.
- Proficient in Microsoft Office Suite.
- Knowledge of underwriting processes, coverages, and tools to gather and evaluate information in order to reach appropriate decisions on renewals and new business.
- Must demonstrate ability to maintain an effective working relationship with other departments, employees, management, and clients.
- Excellent verbal and written communication skills.
- Must be detailed oriented and have good organizational skills.
- Ability to work without direct supervision, make independent decisions and meet specific deadlines.
Salary:** $80,000 - $110,000 per year
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