Medical Risk - National Product Director, Professional Liability

At Fireman's Fund, you’re building a challenging career at the same time as bringing a sense of stability to people's lives. You’re also contributing to our success and our reputation as a leader in the field with your skills and expertise. For this you are appreciated, acknowledged, and rewarded. We believe that if you hold on to great people, everyone wins. Just more proof that a career with Fireman’s Fund isn't just a good idea. It's a smart move.

Responsibilities:Responsibilities include the overall underwriting management (staff) and strategic planning for all Medical risks and exposures, including selection/rejection of new and renewal business and mid-term transactions. Complexity can range from moderate to high dependent upon the submission.

Leads a team of Medical Facility, Healthcare Organizational and other medical underwriters in teaching and coaching new underwriting practices and procedures for all Medical Malpractice Lines of Insurance

Development of forms, procedures, best practices for the Medical Risk product line.

Works closely with assigned agents and brokers to continuously ensure that the agent is aware of risk appetite, meets premium expectations and has a favorable hit ratio on submissions and profitable book performance.

Develops and maintains national/regional agency and client relationships through meetings and regular dialog.

Assists Regional Underwriting Executives in planning and reaching goals and objectives for the Medical Risk line in each region.

Work collaboratively with actuarial, finance, operations and claims teams in the execution of book strategy and in the identification of book opportunities.

Evaluate, select, classify and rate each risk under surplus lines strategy; establish standards of coverage and amount of protection to be offered.

Underwrite accounts, sell to agents, negotiate price and decline submissions, which do not meet company standards.

Price and sell / retain acceptable risks.

Participate in field office underwriting peer reviews/audit on a quarterly basis.

Facilitate nationwide form / rate filings which includes preparation of filing packet, coordination with Regulatory Affairs in filings schedule, participation in responding to Department of Insurance crits, communication of filing approval to agency partnerships and business solution for implementation into rate/quote/issue systems.

Participation in underwriting guideline enhancements (on-going)

Participation in professional trade conferences/conventions.



Requirements:Knowledge of Medical Risk Professional Liability products, coverages and underwriting practices.

Hospitals and Medical Schools

Nursing Homes

Medical Facilities (Miscellaneous)

Physician Groups

Any knowledge of Life Sciences

Minimum of eleven years prior underwriting experience required (including a minimum of five years in technical underwriting position), in medical risk exposures.

Strong communication, presentation, sales and negotiation skills.

Analytical skills to grasp complex issues and present to others relative to book performance, market penetration and claims trends.

Ability to interpret performance indicators utilizing actuarial pricing indicators such as loss rating, loss development patterns, claim frequency and severity trends and classification differentials.

Knowledge of systems and manuals, including premium accounting systems, claims reporting tools and proprietary agency systems is ideal.

Ability to evaluate financial reports and recognize positive/negative indicators.

Excellent human relations skills to develop and maintain agency and insured relationships



More information about Fireman's Fund, our privacy policy, and our relationship with Allianz Group can be found at www.firemansfund.jobs An equal opportunity employer.Education: College Diploma / Associates DegreeJob Level: 11-15 years