MagMutual · 20 hours ago
Workers' Compensation Underwriter
MagMutual is seeking a Senior Workers’ Compensation Healthcare Underwriter to join their underwriting team. This role requires deep technical expertise in evaluating and pricing workers’ compensation risk and involves managing a complex book of business while ensuring compliance with regulatory requirements.
Financial ServicesHealth CareInsuranceMedicalRisk Management
Responsibilities
Manage new and renewal accounts for assigned agents and producers
Apply solid risk analysis, pricing strategies, and compliance with state filings and corporate guidelines
Build and maintain strong agency relationships in partnership with our Business Development Team
Contribute to strategic business planning and organizational projects
Monitor portfolio performance, loss ratios, and mod trends across regions and industry segments
Identify opportunities to improve underwriting guidelines, appetite, or pricing strategies in coordination with underwriting leadership
Qualification
Required
Minimum 7 years of workers' compensation underwriting experience with a carrier
Retail relationships with workers compensation brokers
Bachelor's degree required
Comfortable working with underwriting platforms, rating tools, policy admin systems, Salesforce, and Excel
Proven ability to analyze risk, negotiate effectively, and make sound underwriting decisions
Preferred
Prior experience underwriting Umbrella and GL policies are a plus
Exposure to compliance functions, internal audit processes, or statutory reporting requirements
Proven ability to underwrite within strict compliance boundaries and interpret rules across jurisdictions
Confident decision-maker with strong risk appetite alignment and escalation instincts
Clear, professional, and persuasive communicator with internal teams and external agents
Precision in rating, documentation, and classification
Works effectively with business development, compliance and claims
Takes ownership of outcomes and supports peer development
Company
MagMutual
MagMutual provides insurance solutions for the practice, business, and regulation of medicine.
Funding
Current Stage
Growth StageTotal Funding
$100M2021-05-19Debt Financing· $100M
Recent News
2026-01-16
2025-10-17
Company data provided by crunchbase