About the Position

AVP, Facilities Underwriting (Remote)

Company Description

Healthcare providers spend roughly $20B annually on premiums for medical professional liability (“MPL”) insurance, $7B of which is spent by physicians. 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. We at Indigo are committed to creating enduring value by making a measurable impact on the healthcare industry.

Responsibilities

Work with the CUO, Product/Engineering, Data Science, Actuarial, Claims, and the broader organization to build Indigo’s Facilities offering, including UW Guidelines, Appetite Guides, Forms/Endorsements, and related materials
Support the business in the production, selection, pricing, control, and servicing of insurance policies, and assists in developing and maintaining a scalable and repeatable underwriting process using Indigo’s model
Analyze, evaluate, and make underwriting decisions in line with underwriting guidelines and recommendations, coordinating with other underwriting staff
Manages and evaluates new business submissions, renewals, and policy change requests for the book of business
Review contract wordings and act as signatory of insurance contracts
Review, evaluate and report on loss activity
Understands and complies with relevant state statutory regulations and requirements
Collaborates with business development to build, strengthen, and manage relationships with agents/brokers
Brings a curious mindset and motivation to better understand and apply a new, data-driven approach to underwriting

Requirements

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

Desired Characteristics

Smart, detail-oriented, mission-driven, entrepreneurial, and operates with urgency

We Offer

Opportunity to work in a fast-paced, results-oriented environment
Be part of a company committed to making a measurable impact on the healthcare industry
Collaborate with a team of professionals dedicated to leveraging data-driven underwriting

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AVP, Facilities Underwriting

Job description