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An exciting opportunity exists to join the ProAssurance family of companies!
We are a specialty writer of professional liability, products liability and workers' compensation insurance. With approximately 1,000 team members operating in all 50 states, we are well-positioned to offer career opportunities to individuals interested in professional growth.
This position supports our medical product liability/life sciences line of business, Medmarc. Preference is for this position to be hybrid and based in Chantilly VA. We will consider qualified candidates located in other locations.
Job Summary:
The primary responsibility of the Business Development Specialist is to improve the company's market position and achieve financial growth by identifying and attracting desirable life science accounts to the company. The Business Development Specialist will work with and support the territory underwriters to help build their books of business by locating and researching target and prospect companies within our risk appetite and working with insurance brokers to bring them to Medmarc. They will visit brokers in person and via video calls to establish and nurture strong relationships and participate in training on underwriting appetite and policy forms. They will develop new brokers and build books of business with development, retail, wholesale, and new brokers, and represent the company at industry conferences and customer meetings. They will also work with insureds that come directly to Medmarc through its in-house agency to facilitate the placement of all lines of insurance, including Products Liability, E&O, GL/BOP, Workers Comp, Auto, and Umbrella with our partner carriers in the US and Europe.
Essential Duties and Responsibilities:
60% - Drive new business development by establishing and improving relationships with insurance brokers across the country.
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