Pharmacists Insurance

Job DetailsJob Location: DES MOINES IA - DES MOINES, IA 50315Salary Range: $96,000.00 - $136,000.00 SalaryPharmacists Mutual has an opening for a Middle Market Underwriter. This role is responsible for determining risk acceptability, pricing, coverages, terms, and conditions by analyzing and evaluating complex exposures and underwriting criteria on Middle Market risks for the assigned line(s) of business and healthcare verticals. Adheres to Company guidelines and state regulations and works within a level of authority delegated by Underwriting leadership. Responsible for identifying opportunities to bring leadership, risk management, and/or claims personnel into conversations with distribution partners and/or customers to share expertise and strengthen relationships. Middle Market Underwriter II \tIndependently evaluates risks with assigned distribution partners, determining acceptability using advanced Middle Market expertise to assess exposures, pricing, and coverage. \tUnderwrites new business, renewals, and policy changes within authority, ensuring compliance with company guidelines. \tExercises judgment in escalating risks or exceptions beyond authority and identifies trends within the portfolio, sharing insights with leadership. \tApplies appropriate use of underwriting tools (e.g., facultative reinsurance, manuscript endorsements, A-rating). \tDemonstrates strong knowledge of commercial insurance principles, applying advanced risk evaluation, pricing strategies, and coverage analysis. \tBuilds and sustains strong agency relationships through adequate preparation, consistent engagement, effective negotiation, and leadership in partner meetings. \tDrives pipeline growth by identifying and developing new business opportunities within appetite. \tPrioritizes workload to ensure timely and accurate underwriting decisions. \tServes as a technical resource, including support for healthcare verticals. \tParticipates in underwriting projects and process improvement initiatives. \tMay support other underwriting within established authority. Senior Middle Market Underwriter \tEvaluates highly complex risks with distribution partners, determining acceptability using expert Middle Market underwriting knowledge to assess exposures, pricing, and coverage. \tUnderwrites new business, renewals, and policy changes within high-level authority, ensuring compliance with company guidelines while driving profitable growth through effective portfolio management and risk selection. \tApplies advanced usage of underwriting tools, identifying trends, making strategic recommendations, and determining when to escalate risks. \tBuilds and leads strong agency relationships, influencing outcomes, resolving issues, and driving pipeline growth through strategic engagement and negotiation. \tManages a workload with precision, ensuring timely, accurate underwriting decisions while maintaining strong operational efficiency. \tServes as a subject matter expert, helping to shape underwriting practices, contributing to portfolio strategy, and review others work to ensure consistency and quality. \tActs as a strategic, cross-functional partner, leading or contributing to projects, improving workflows, and enhancing underwriting tools and performance. \tLeads training initiatives, supporting team capability building, while providing input on strategy, performance, and business opportunities. \tMay conduct audits and support other underwriting within established authority.  Essential Functions Essential functions may include, but are not limited to the following: \tEvaluates new business, renewals, and policy changes to determine risk acceptability, analyze exposures, and establish appropriate pricing, terms, and coverage. \tManages portfolio performance to achieve growth and profitability goals by partnering with distribution partners, analyzing loss trends, and taking timely underwriting actions. \tEnsures compliance with underwriting guidelines, authority levels, company policies, and regulatory requirements. \tReviews loss control reports, identifies risk management actions, and follows up on outstanding underwriting information. \tUses data and analytics to inform decisions, identify trends, and improve underwriting practices. \tBuilds and maintains strong relationships with distribution partners to drive profitable growth and participates in agent and client meetings. \tDelivers consistent, high-quality service by managing workflow, responding promptly to inquiries, and meeting established turnaround standards. \tMaintains accurate underwriting documentation, including decisions, rationale, and supporting information. \tCollaborates with internal partners to balance workload, improve processes, and support operational efficiency. \tStays informed on industry trends, emerging risks, and competitor offerings to enhance underwriting decisions. \tMeets performance expectations and supports team development through mentoring, training, or knowledge sharing as needed. Knowledge, Skills and Abilities \tKnowledge of principles and practices of Middle Market insurance underwriting. \tAnalyze complex risks and make critical decisions. \tWork independently and use initiative. \tPossess critical thinking skills and sound judgment in underwriting decisions. \tKnowledge to ask necessary follow-up questions. \tDetermine when and how to escalate concerns to the appropriate level of management. \tAbility to understand and apply laws, rules and regulations. \tAbility to deal with confidential information. \tPossess negotiation skills and analytical thinking, with the ability to explain decisions to others. \tEstablish and maintain effective working relationships with those contacted in the course of work. \tInteract externally and internally with professionalism and confidence \tPossess a high level of executive functioning skills to organize and prioritize work.  \tAbility to handle multiple tasks at once. \tMeet finite deadlines and deal with pressure situations. \tMaintain records; prepare reports/correspondence related to the work. \tContribute effectively to the accomplishment of team or work unit goals, objectives and activities. \tRead, interpret and input data efficiently and accurately. \tCommunicate and work effectively with others (oral and written). \tFollow oral and written directions. \tCorrect English usage, spelling, grammar, vocabulary and punctuation. \tKnowledge of management information and business systems such as Word, Excel, PowerPoint etc. \tUtilize computer and related software effectively. QualificationsExperience and Education Qualifications  Middle Market Underwriter II \tHigh School diploma or equivalent and 10 years of related experience; or \tAssociate\'s degree or equivalent and 8 years of related experience; and \tIndustry related certification: Chartered Property Casualty Underwriter (CPCU) OR \tBachelor’s Degree and 5 years of related experience; or \tMaster’s Degree with 2 years of related experience Senior Middle Market Underwriter \tHigh School diploma or equivalent and 15 years of related experience; or \tAssociate\'s degree or equivalent and 12 years of related experience; and \tIndustry related certification: Chartered Property Casualty Underwriter (CPCU) OR \tBachelor’s Degree and 8 years of related experience; or \tMaster’s Degree with 5 years of related experience Preferred Qualifications Middle Market Underwriter II \tProgress toward completion of CPCU designation Senior Middle Market Underwriter \tSuccessful completion of CPCU designation Work Environment \tHybrid or fully remote work environment designed to provide flexibility, autonomy, and productivity while working from another location \tPrimary work environment is in a climate-controlled office setting \tWork may involve travel to attend meetings at other locations Benefits In addition to a competitive salary, eligible employees may receive an annual discretionary bonus and access to our benefits package including:  \tHealth, Dental, Vision & Life coverage \t401(k) with Company Match \tPaid Time Off \t8 Paid Holidays \tVolunteer Time Off \tPaid Parental Leave \tHybrid/Remote Work Options \tEmployee Assistance Program \tTuition Reimbursement Pharmacists Mutual Insurance Group is an Equal Opportunity Employer.