UNDERWRITER I in Los Angeles, California at Cooperative of American Physicians, Inc.

Underwriter responsible for performing technical and administrative duties to assess eligibility for coverage and underwrite applications for CAP membership, including group submissions, special coverages, waivers of exclusions, and entity, employee, TEP and ORP coverages.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

UNDERWRITING

• Work with Membership Development to pre-underwriting and quote physician applicants and groups
• Underwrite applications for membership, including their related coverage requests, and applications for entity, employee, TEP and ORP coverages submitted by solo practitioners and groups of various sizes. Gather and review additional information about the solo and group practices, as needed.
• Evaluate and prepare a risk assessment on groups
• Rate applicants and groups according to underwriting guidelines
• Prepare and organize applicant materials and place materials in the QCC Portal for viewing and voting by QCC Members
• Explain coverage, exclusions, financial obligations, membership-related obligations and programs to applicants and group administrators
• Ensure timeliness and accuracy of data input into CAP System and Salesforce
• Prepare CAP acceptance documents for all approved physician, TEP, ORP, employee and entity applicants
• Complete applicant processing to Member status, including processing requests for part-time coverage, risk class reduction, higher limits, waivers of coverage and declarations of coverage
• Follow up to close the sale on approved but not joined applicant physicians and their related entities, employees, TEPs and ORPs
• Communicate effectively with the Underwriting Assistants and Account Executives throughout the underwriting and follow-up process
• Work with Underwriting team on ongoing process improvement
• Provide training to entry level Underwriters, as necessary

ADDITIONAL

• Coordinate with Membership Services to underwrite membership transfers
• Work to achieve annual department metrics for underwriting turn-around-times and department goals
• Perform other duties and participate in other projects as assigned.

EDUCATION and/or EXPERIENCE:

• Bachelor’s degree
• 3 years work experience in medical professional liability insurance preferred
• Experience in professional liability underwriting of solo physicians and medical groups preferred

OTHER SKILLS and ABILITIES:

• Excellent written and oral communication skills
• Excellent organizational and time management skills
• Computer literate, proficient in MS Word and Excel
• Ability to multi-task
• Knowledge of medical terminology