Underwriter - Professional Liability

For over 40 years​ Minnesota Lawyers Mutal (MLM) has been a stable, reliable lawyers malpractice company delivering exceptional value and service to its policyholders. Today MLM has more than $190 million in Assets, $200 million in surplus and serves clients in 15 states. We have returned a dividend for the past 36 consecutive years totaling over $80 million. Opening its doors for business on April 19, 1982, MLM has certainly met or exceeded its original goals thanks to the loyalty of its policyholders.​ MLM is a remarkably close-knit group with an impressive tenure. One of the key reasons MLM employees join and stay with the company is our uniquely close culture. It's not just a workplace; it's a community where we support, encourage, and uplift each other.

Job Summary

MLM is seeking an experienced Insurance Underwriter to join our team! The Underwriter is responsible for managing an underwriting territory, including all new and renewal business, in compliance with Underwriting Guidelines and the Underwriter’s individual Letter of Authority. Has knowledge of products/services, marketing strategies and an understanding of the needs, issues and operations of the legal profession. Helps achieve MLM’s profit/growth goals through collaboration with other functional departments.

Location: MLM headquarters are based in Minneapolis, MN. Candidates in MN, PA or VA preferred but will consider other locations for the right candidate. Hybrid schedule based on location and team needs.

Primary Duties and Responsibilities

• Review/analyze new and renewal business using the online application process
• Make skilled decisions regarding acceptability of accounts and the terms/conditions offered to applicant accounts/renewals
• Communicate decisions to applicants verbally and in writing while providing clear explanations and reasons for approval or denial
• Understand and articulate policy coverage terms, conditions and exclusions
• Provide timely service according to the established service standards
• Work collaboratively with the assigned Regional Sales Directors and Account Managers
• Effectively work with Director of Underwriting Administration to facilitate the development of Underwriting System changes and corresponding changes to procedures

Qualifications

• Bachelor’s degree in finance, business, economics or related field preferred
• In lieu of bachelor degree, an associate degree plus relevant experience
• CPCU and/or RPLU strongly preferred
• Three or more years of experience in this area. However, we are open to considering individuals with different levels of experience. If a candidate has slightly more or less experience, we can make adjustments as warranted to ensure the right fit for our team.
• Knowledge of insurance products/coverage, underwriting, pricing, risk selection, market segments and marketplace; insurance finance and actuarial concepts; loss control/risk engineering; marketing techniques, regulatory environment and reinsurance preferred
• Knowledge of territory management
• Ability to apply underwriting tools, systems, and resources to achieve goals and solve complex problems
• Excellent analytical skills
• Excellent written and verbal communication skills
• Proficiency with underwriting software and tools; experience with databases and data management systems
• Advanced user of Outlook, Excel, Word, and SharePoint
• Ability to work effectively independently and in a team environment

This posting is a summary of the typical functions of the job, not a comprehensive list of all job responsibilities.

Benefits:

MLM offers a rich comprehensive benefits package. Enjoy a flexible hybrid schedule. Casual attire when working in a modern, comfortable office with a great view of Minneapolis! While in the office, enjoy water, soda, tea, espresso, coffee and snacks in the comfort of the community lunch area.

• Competitive Base salary with a range from $62,000 - $107,000 depending on the breadth of experience, knowledge and scope of position for which they are hired
• 401(k) retirement plan plus generous company match and profit sharing
• Two Medical insurance plan choices with Employee Assistance Programs
• Health Reimbursement Account (HRA) & Health Savings Accounts (HSA)
• Company Paid Life Insurance, AD&D insurance, Long-term disability, Employee Assistance Program and Travel Assistance
• Reimbursement for Dental Expenses
• Flexible spending account
• Paid time off increases with length of service
• Paid Holidays
• Parental leave
• Opportunities for advancement in a successful organization with professional development assistance
• Flexible work schedules and a great work/life balance
• Volunteer Time Off

How to apply:

Qualified candidates are asked to send a resume, including three references, to hraccess@mlmins.com.

MLM is an equal opportunity employer. Learn more about MLM’s commitment to diversity, equity and inclusion on our website.

Job Type: Full-time

Pay: $62,000.00 - $107,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Employee assistance program
• Flexible schedule
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Parental leave
• Professional development assistance
• Profit sharing
• Volunteer time off

Schedule:

• 8 hour shift
• Monday to Friday

Ability to Commute:

• Minneapolis, MN 55402 (Preferred)

Work Location: In person

Salary : $62,000 - $107,000