Jennifer Timlin
Clifton Heights,PA
Summary
Seasoned Manager/Senior Underwriter offering over 20 years of Management Liability and Professional Liability insurance expertise, including Cyber E&O and Crime. Well-versed in insurance laws with success in mitigating risk and controlling loss through comprehensive analysis, policy negotiation and service delivery.
Overview
26
26
years of professional experience
1
1
Certification
Work History
Manager
Convelo Insurance
Tinton Falls, NJ, NJ
05.2021 - 05.2023
- Evaluated applications to determine insurance coverage and appropriate risk classifications.
- Effectively managed high-risk accounts by monitoring performance metrics and implementing timely corrective actions as needed.
- Scrutinized underwriting performance to identify weaknesses and provide recommendations for improvement.
- Utilized knowledge of insurance principles, policies and procedures to make decisions on risk assessment.
- Managed a diverse portfolio of complex risks, ensuring proper coverage while mitigating potential losses.
- Guided, mentored and coached underwriters in both technical and professional skills, instilling best practice and company standards.
- Streamlined underwriting processes for increased efficiency and faster turnaround times.
- Met with customers, agents and brokers to negotiate coverage, price, and service delivery.
- Provided expert advice on policy wording and endorsements, ensuring clarity in documentation for both clients and staff members.
Senior Underwriter, Professional Liability Program
Chubb
Philadelphia, PA
06.2013 - 05.2021
- Manages the underwriting results of all D&O, E&O, Technology E&O, Cyber Lability, and Media Liability programs within the department. Currently managing six programs.
- Manage the proper underwriting of all accounts and also review more complex accounts that are outside of MGA delegated authority, provide underwriting decisions,
- Provides technical guidance to Program Managers and MGA's.
- Work closely with support functions such as OGC, Program Processing, Product Managers, Actuarial, Claims, Filings & Regulatory Compliance.
- Develop Guidelines, Best Practices, Rate Plans and Product/Endorsement filings to improve underwriting results for MGA programs.
- Participates in annual audit of all MGA professional programs. All programs that I manage achieved a Satisfactory Rating during 2019.
- Successfully manages all other underwriting assignments and/or project development. For example, developed a static Privacy/Data Breach endorsement to be used in conjunction with all Commercial Package offerings within the Programs department.
- Works closely with Manager , Program Manager and Program Administrators by leading weekly or monthly calls, to limit any workflow exceptions and make necessary changes in a timely manner.
Underwriter
Ace Group
Philadelphia, PA
06.2011 - 06.2013
- Works with MGA's/Program Administrators to improve Program and relationship.
- Works with Program Manager to ensure profitable growth of each program.
- Manage communication of Underwriting Position on all Program accounts.
- Approve ands completes risk referrals that address major issues and underwriting approaches.
- Applied knowledge of underwriting guidelines to maintain compliance with applicable regulations and company standards.
- Sole underwriter in the Programs Depatement for Specialty Products such as D&O, EPL, Fiduciary, Crime, MPL, Tech E&O, Cyber and BOP.
Underwriter II
Philadelphia Insurance Companies
Bala Cynwyd, PA
03.2006 - 06.2011
- Assess completeness and risks involved with new client applications as a basis for decision to provide limits of insurance. Specializing in Non Profit D&O, EPL, Fiduciary, Workplace Violence, Accountants Professional Liability, Lawyers Professional Liability, Crime and BOP.
- Negotiate over $3,000,000 in written premiums with retail and wholesale agents in assigned region.
- Analyze risk of applicant based on prior loss experience and audited financial statements to make final underwriting decision.
- Focus on changes in industry/markets to ensure products and rates are competitive.
- Provide training and mentoring of new hires to ensure they have proper product knowledge and industry knowledge.
- Exceeded underwriting goal of $1,400,000 in written new business, while maintaining under 30% loss ratio in 2010.
- Prepared monthly loss reports for Management review.
- Implemented new training materials, sale sheets and underwriting procedures for BusinessOwners Professional product.
Underwriter
Philadelphia Insurance Companies
Bala Cynwyd, PA
06.1997 - 06.2006
- Reviewed applications for insurance coverage and reports from loss control specialists to determine risks.
- Negotiated terms and conditions of coverage with clients to acquire maximum profitability.
- Analyzed data to identify trends and predict future insurance needs.
- Increased customer satisfaction through timely communication and efficient handling of applications.
- Documented underwriting decisions and provided evidence of compliance with applicable regulations.
Education
Associate of Science - Business Administration
Delaware County Community College
Media, PA06.2007
Skills
- Program management
- Policy and procedure improvements
- Pricing evaluations
- Partnership development
- Data Analysis
- Risk Assessments
- Policy quoting and pricing
- Program leadership
- Performance monitoring
- Guidelines Development
- Project Management
- Policy Development
- Process improvement
- Time management
Certification
Registered Professional Liability Underwriter (RPLU) Designation
Timeline
Manager
Convelo Insurance
05.2021 - 05.2023
Senior Underwriter, Professional Liability Program
Chubb
06.2013 - 05.2021
Underwriter
Ace Group
06.2011 - 06.2013
Underwriter II
Philadelphia Insurance Companies
03.2006 - 06.2011
Underwriter
Philadelphia Insurance Companies
06.1997 - 06.2006
Associate of Science - Business Administration
Delaware County Community College