Professional Liability Underwriting Lead

The role

The Professional Liability Underwriting Lead will define the strategy for professional liability and support the development of underwriting guidelines. This person will underwrite new and renewal primary and excess professional liability and hire and grow a team of underwriters.

What you will do

• Define the strategy for professional liability, including target classes, lines of business, limits, attachment points, geographies, appetite, and growth and loss-ratio targets.
• Support the development of underwriting guidelines, rating approach, authority framework and referral rules.
• Partner with Product, Engineering, and Data to design the submission-to-bind workflow, pricing tools, and exposure and loss-trend views.
• Underwrite new and renewal primary and excess professional liability within your authority.
• Own premium, profit, loss-ratio, and retention results for the book.
• Use broker relationships to drive submission flow and actively market products at meetings and industry events.
• Hire, coach, and grow a team of professional liability underwriters.
• Work with Corporate Underwriting to set letters of authority and run underwriting audits.
• Work with Claims, Actuarial, Customer Experience and Finance.

Required qualifications

• 8+ years of professional liability underwriting
• Deep expertise across architects and engineers E&O
• Proven record of profitable growth: originating new business, quoting, binding, and building a professional liability book while managing to loss-ratio and combined-ratio targets
• Strong technical command of risk selection, underwriting models, exposure and loss analysis, loss development and trends, pricing, and coverage across E&O and MPL
• Strong technical command of risk selection, application and financial review, pricing, and coverage, including claims-made forms, retroactive dates, prior acts, extended reporting periods, retentions,
• Sound judgment on manuscript endorsements, contractual liability, and emerging exposures across professional services
• Established broker relationships at the regional and national level
• People leadership experience leading, mentoring, or managing underwriters, including setting authority and running underwriting audits
• Executive presence to present strategy and results to leadership, capacity partners, and reinsurers
• Comfort with ambiguity
• Willingness to travel about 25% to meet brokers, partners, and the team
• A bachelor's degree or equivalent experience

Nice to have

• exposure to other industries such as technology, financial services, real estate, manufacturing or healthcare

Benefits

• 100% contribution to top-tier health, dental, and vision
• Fertility Benefits & Family Building Support
• Unlimited PTO
• Daily Lunches, Dinners & Snacks
• Access to premium coaching, including leadership development
• Competitive 401(k) Plan
• Dog-Friendly Office

About the company

Shepherd is rebuilding commercial insurance with software, data, AI, and deep underwriting expertise. They develop insurance products and partner with established insurers to back the coverage.