Underwriter- Professional Liability (Potential Senior ...

External: "‹For over 40 years"‹ Minnesota Lawyers Mutal (MLM) has been a stable, reliable lawyers malpractice company delivering exceptional value and service to its policyholders. Today MLM has more than $190 million in Assets, $200 million in surplus and serves clients in 15 states. We have returned a dividend for the past 36 consecutive years totaling over $80 million. Opening its doors for business on April 19, 1982, MLM has certainly met or exceeded its original goals thanks to the loyalty of its policyholders."‹ MLM is a remarkably close-knit group with an impressive tenure. One of the key reasons MLM employees join and stay with the company is our uniquely close culture. It's not just a workplace; it's a community where we support, encourage, and uplift each other.Job SummaryMLM is seeking an experienced Insurance Underwriter to join our team! The Underwriter is responsible for managing an underwriting territory, including all new and renewal business, in compliance with Underwriting Guidelines and the Underwriter's individual Letter of Authority. Has knowledge of productsservices, marketing strategies and an understanding of the needs, issues and operations of the legal profession. Helps achieve MLM's profitgrowth goals through collaboration with other functional departments.Location:                  Minneapolis, MN, PA or VA preferred but will consider other locations for the right candidate. Hybrid schedule based on location and team needsPrimary Duties and ResponsibilitiesAssess new and renewal business using the online application processEvaluate applications to determine acceptability, pricing and coverage proposals within established underwriting guidelinesCommunicate decisions to applicants verbally and in writing while providing clear explanations and reasons for approval or denialUnderstand and articulate policy coverage terms, conditions and exclusionsProvide timely service according to the established service standardsWork collaboratively with the assigned Regional Sales Directors and Account Managers, leveraging business knowledge to propose solutions in a dynamic work environmentEffectively work with Director of Underwriting Administration to facilitate the development of Underwriting System changes and corresponding changes to procedures QualificationsBachelor's degree in finance, business, economics or related field preferredIn lieu of Bachelor's degree, an associate degree plus relevant experienceThree or more years of related financial or underwriting experience, preferably in a specialty malpractice line of business. in this area.CPCU andor RPLU strongly preferredKnowledge of insurance productscoverage, underwriting, pricing, risk selection, market segments and marketplace; insurance finance and actuarial concepts; loss controlrisk engineering; marketing techniques, regulatory environment and reinsurance preferredExceptional analytical skillsAdvanced written and verbal communication skillsIntermediate skills in MS Office product suiteAbility to work effectively independently and in a team environmentThis posting is a summary of the typical functions of the job, not a comprehensive list of all job responsibilities.Benefits:MLM offers a rich comprehensive benefits package. Enjoy a flexible hybrid schedule. Casual attire when working in a modern, comfortable office with a great view of Minneapolis! While in the office, enjoy water, soda, tea, espresso, coffee and snacks in the comfort of the community lunch petitive Base salary with a range from $62,000 - $93,111 depending on the breadth of experience, knowledge and scope of position for which they are hired401(k) retirement plan plus generous company match and profit sharingTwo Medical insurance plan choices with Employee Assistance ProgramsHealth Reimbursement Account (HRA) & Health Savings Accounts (HSA)Company Paid Life Insurance, AD&D insurance, Long-term disability, Employee Assistance Program and Travel Assistance Reimbursement for Dental ExpensesFlexible spending accountPaid time off increases with length of servicePaid HolidaysParental leaveOpportunities for advancement in a successful organization with professional development assistanceFlexible work schedules and a great worklife balanceVolunteer Time OffHow to apply:Qualified candidates are asked to send a resume, including three references, to is an equal opportunity employer. Learn more about MLM's commitment to diversity, equity and inclusion on our website.  

Created: 2025-02-27