About the role

Aplyr's Quick Take

This role is for an Underwriter focused on healthcare professional liability, specifically in the mental healthcare sector. You'll be responsible for assessing risks, managing a portfolio, and building relationships with brokers to drive business growth. It's an individual contributor role with a mix of analytical work and relationship management.

Good fit

Ideal candidates have a background in underwriting, particularly in healthcare or related fields, and possess strong relationship-building skills. A proactive, entrepreneurial mindset and a few years of relevant experience will help you thrive here.

Worth noting

The position emphasizes a unique niche in mental healthcare, which may appeal to those looking to specialize in an underserved market. The role also involves significant marketing and business development efforts, which may not be typical for all underwriting positions.

About Us

Since 1977 we have delivered first class solutions to insurers worldwide, by combining global reach with local decision making. We have built customer & broker relationships on years of trust, experience and execution. Through our people, our products and our partnerships, we deliver the capacity and expertise necessary to contribute to the sustainable growth of prosperous communities worldwide. To do so, our colleagues work with:

Integrity Work honestly, to enhance TransRe’s reputation

Respect Value all colleagues. Collaborate actively.

Performance We reward excellence. Be accountable, manage risk and deliver TransRe’s strengths

Entrepreneurship Seize opportunities. Innovate for and with customers.

Customer Focus Anticipate their priorities. Exceed their expectations.

We have the following job opportunity in our Arlington, VA office:

Description

We are seeking an entrepreneurial Underwriter to join our growing FAIRCO healthcare professional liability team in Arlington, VA writing in the mental healthcare vertical across both Admitted and Excess & Surplus lines (E&S) platforms. FAIRCO is a subsidiary of TransRe holdings, a Berkshire Hathaway Company.

This role offers a unique opportunity to manage a diverse portfolio of risks and build expertise in an evolving, highly specialized, and underserved segment of the healthcare market. The underwriter will work alongside experienced healthcare liability professionals and management to influence underwriting strategy and leverage their E&S underwriting experience to underwrite complex accounts, develop broker relationships, and contribute directly to profitable growth in this segment. The ideal candidate combines the underwriting discipline to adapt and underwrite across both platforms applying market insight and underwriting expertise to shape the portfolio. Responsibilities include, but are not limited to:

Underwriting new and renewal opportunities in accordance with company underwriting guidelines, ensuring sound risk selection and coverage structures enabling profitable growth in the mental healthcare vertical across Admitted and E&S platforms.
Building and maintaining strong relationships with retail and wholesale brokers to increase submission flow and deliver appropriate insurance solutions for risks.
Actively marketing FAIRCO’s healthcare products and capabilities through marketing efforts at broker and client meetings, industry exhibits and events, and targeted business development efforts.
Partnering with Claims, Risk Management, Actuarial, and Senior Leadership teams to evaluate and develop insurance solutions, emerging risks, and market opportunities.
Managing portfolio performance within mental health segments and identifying opportunities for growth
Monitoring MPL market trends and jurisdictional developments to maintain competitive positioning, create new business opportunities, and strengthen FAIRCO’s leadership in the market.

Requirements

Minimum of 5 years of commercial liability underwriting experience in the Excess & Surplus (E&S) market.
Experience building and maintaining broker and wholesale relationships within the healthcare professional liability, medical professional liability, or a related specialty lines market
Excellent analytical, negotiation and communication skills.
RPLU, or other industry designations, a plus.
Ability and willingness to travel up to 20% for industry conferences, broker, and client engagement.

Work Schedule

TransRe is supportive of an agile work schedule, which may differ based on individual roles, your local office’s practices and preferences, marketplace trends, and TransRe’s business objectives. This position is eligible for a hybrid work schedule with 4 days in the office per week, and 1 day remote.

We are an Equal Opportunity Employer (EOE) and we support diversity in the workforce.

Aplyr's read

TransRe is a global reinsurance powerhouse, attracting professionals skilled in risk assessment and claims management to navigate complex global insurance landscapes.
Synthesized from recent postings & public sources

What's promising

•TransRe's global presence offers employees exposure to diverse markets and reinsurance challenges.
•The company invests in specialized roles, indicating a commitment to expertise and professional growth.
•TransRe's robust client base provides a stable and varied workload for its employees.

What to watch

•The reinsurance industry is highly susceptible to global economic fluctuations and natural disasters.
•Limited public information about TransRe's internal culture and employee satisfaction.
•Navigating complex regulatory environments may pose challenges for employees in certain roles.

Why TransRe

•TransRe emphasizes niche roles like Complex Claims Examiner, highlighting its focus on specialized skills.
•The company's international operations offer unique cross-border professional experiences.
•TransRe's focus on both facultative and treaty reinsurance sets it apart in the industry.

Aplyr’s read is generated by AI from public sources. Was it useful?