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About the role
Reporting to the CUO, the AVP of Facilities Underwriting will assist in all underwriting staff/teams, processes, and methods in order to write profitable business, as well as address issues adversely affecting underwriting results (loss ratio). This role promotes and supports growth opportunities while maintaining underwriting integrity. They will be responsible for managing a variety of key stakeholders in an environment that is results-oriented, rigorous, and fast-paced.
What they're looking for
- 5+ Years as a Sr. Underwriter in Facilities/Medical Professional Liability Insurance (10+ Years in Underwriting, certifications/designations a plus)
- Strong familiarity with Facility types, Facility rating methodologies, high-risk indicators for Facilities, and relevant Facilities underwriting or risk mitigations (e.g., exclusions)
- Good understanding of the Facilities segment, top carriers, and larger brokers
- Demonstrates an ability to operate with urgency and consistently meet processing deadlines per Underwriting Service Standards
- Familiarity with relevant regulatory requirements
- Production Underwriting experience will be considered an asset
More about this role
Healthcare providers spend roughly $20B annually on premiums for medical professional liability (“MPL”) insurance, $7B of which is spent by physicians. Primarily selling through brokers, insurance carriers today often operate at an underwriting loss and employ outdated underwriting processes. The current environment favors the entry of a new model featuring modern, data-driven underwriting with a more efficient sales model targeting the best risks.
Indigo Technologies, backed by leading investors Rubicon Founders and Oak HC/FT, aims to address this issue by utilizing alternative data and artificial intelligence to more accurately price medical malpractice insurance. By offering potential cost savings, Indigo Technologies will enable providers to reallocate resources to invest more directly in patient care. We at Indigo are committed to creating enduring value by making a measurable impact on the healthcare industry
Reporting to the CUO, the AVP of Facilities Underwriting will assist in all underwriting staff/teams, processes, and methods in order to write profitable business, as well as address issues adversely affecting underwriting results (loss ratio). This role promotes and...
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