VP, Underwriting

Company Details

 

 

Berkley Healthcare is a dynamic and growing insurance organization that values creativity, collaboration, and innovation. Backed by the strength of a Fortune 500 company, we operate with the agility of a forward-thinking team and the stability of an established enterprise. We believe in empowering individuals to share ideas, challenge norms, and help shape the future of insurance. If you're eager to gain hands-on experience in a company that values fresh perspectives and continuous improvement, we’d love to hear from you.

Responsibilities

The Medical Professional Allied Healthcare Enterprises Leader is responsible for the strategic leadership, underwriting management, and profitable growth of Berkley Healthcare's Medical Professional Liability portfolio, including Senior Care, Physician, and Medical Facilities business. Working collaboratively with Actuarial, Product Development, Claims, and senior leadership, this role develops underwriting and product strategies, establishes portfolio management standards, and drives profitable growth initiatives. The position provides technical and people leadership while overseeing the underwriting and management of complex Medical Professional Liability risks.

 

Key functions include but are not limited to the following:

 

 

- Lead the strategic development, management, and profitable growth of Berkley Healthcare's Medical Professional Allied Healthcare portfolio, including Senior Care, Physician, and Medical Facilities business segments.

- Develop and implement underwriting and product strategies for products in the Allied Healthcare segment, including underwriting appetite, guidelines, pricing frameworks, policy forms, distribution strategies, and growth objectives.

- Partner with Actuarial, Product Development, Claims, and senior leadership to establish and maintain rates, underwriting authority, risk appetite, underwriting guidelines, and portfolio management strategies.

- Provide technical underwriting leadership for complex and specialized Medical Professional Allied Healthcare risks, including risk selection, pricing, coverage determinations, and referral authority decisions.

- Monitor portfolio performance and implement strategic actions to achieve growth, profitability, retention, and loss ratio objectives.

- Establish and strengthen key broker, customer, and distribution partner relationships to support business development and market expansion objectives.

- Develop, train, and lead underwriting staff while fostering a culture of technical excellence, accountability, collaboration, and continuous improvement.

- Maintain expertise in healthcare, insurance, legal, regulatory, and industry developments to identify emerging risks, market opportunities, and product enhancements.

- Provide leadership and oversight for the Allied Healthcare segments including, Medical Facilities, Senior Care and Physician underwriting portfolios, including underwriting performance, talent development, and execution of business strategy.

Qualifications

Education

- BA/BS/BBA degree from an accredited university or college.

Qualifications

- Minimum 12-15 years of progressive medical professional liability underwriting experience, including leadership responsibility.

- Demonstrated leadership experience managing underwriting professionals and driving portfolio performance.

- Comprehensive knowledge of medical professional products, including coverages, policy forms, and industry standards.

- Experience developing or enhancing insurance products, underwriting guidelines, pricing strategies, or policy forms.

- Strong customer service orientation, with a commitment to delivering high-quality client experience.

- Demonstrated ability to develop and execute strategic initiatives that drive profitable growth.

- Self-motivated and independent, while remaining accountable to team objectives and company goals.

- Demonstrated ability to take calculated risks and apply sound business judgment in underwriting decisions.

- Willingness to travel occasionally, less than 25 percent, as required by the role.

- The Company is an equal employment opportunity employer.

 

Skills

- Excellent written and verbal communication skills, with the ability to convey complex information clearly and professionally.

- Strategic mindset, with a solid understanding of business drivers and the ability to contribute to bottom-line results.

- Technical underwriting leadership.

- Portfolio management.

- Product strategy development.

- Pricing strategy development.

- Risk selection and assessment.

- People leadership and talent development.

- Broker, customer, and distribution partner relationship management.

- Sound business judgment.

- Customer service orientation.

- Collaboration and accountability.

Additional Company Details

Only solicited resumes/candidate profiles that are submitted by a Berkley Preferred Agency Partner that have been requested by Berkley Internal Recruiting to engage in a particular search will be subject to the payment of Agency fees as defined in the formal agency agreement. Any unsolicited resumes/candidate profiles are not subject to payment of the agency fees. The company offers a competitive compensation plan and robust benefits package for full-time regular employees which for this role include: • Base Salary Range: $144,000-$267,000 • Eligible to participate in annual discretionary bonus. • Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Additional Requirements

Location - Connecticut - Illinois - Missouri - Remote

Sponsorship Details

Sponsorship not Offered for this Role