Advance Your Underwriting Career at Liberty Mutual - A Fortune 100 Company

   

Take advantage of a unique opportunity to obtain an entrepreneurial underwriting role within a reputable Fortune 100 Company. Liberty Mutual is establishing a local underwriting presence in its National Insurance division and is looking for an experienced underwriter to join the team. As an Underwriting Consultant you will utilize your established relationships with brokers in the Northeast market and work collaboratively with internal partners to manage assigned national accounts, select profitable risks and build a profitable portfolio. Develops, grows, and maintains a profitable, diversified book of business through effective underwriting decision making, mutually beneficial agent/brokers relationships, and application of underwriting tools, systems, and expert resources. Guides/mentors less experienced underwriters in their respective area of expertise, including regular employee coaching with feedback to the manager on progress of the employee. Identifies and leads projects that further the goals of the company.

 

 

 

Responsibilities:

 

 

 

Risk Selection:  evaluates or assesses the business applying for insurance by qualifying accounts; identifying, selecting and assessing risks; determining the premium, policy terms and conditions; obtaining approvals; creating/presenting the proposal to the agent/broker and successfully negotiating deals.

 

Agent/Broker Relationships: Demonstrates a high level of responsiveness and focus on supporting Key Agents and Brokers objectives through successful negotiations.  Develops and maintains the relationship through responsive service, site visits, in person renewal meetings or enhanced knowledge of their customers businesses.

 

Portfolio Management: Manages the largest and most complex book of business by analyzing the portfolio, identifying areas of opportunity for improved growth, profit and diversification, and executing marketing plans to increase market share with preferred brokers.

 

Documenting the Deal: Documents files in a way that reflects a solid thought process and decision making through comprehensive account reviews, sign-offs and referrals.

 

Leadership: Formally guides, mentors, and coaches underwriters in both technical and professional skills.  Demonstrates multiple areas of expertise and provides regular updates to other underwriters

Continuous Improvement: Actively participates in continuous improvement by fully engaging in daily huddles, generating suggestions, following appropriate procedures and work principles, participating in problem solving activities, and using continuous improvement tools to support the work of the team.

 

• Proven knowledge and experience in the Northeast Insurance Market
• Experience in a broad range of industries with expertise in National Accounts and utilizing loss sensitive rating plans
• Consistently demonstrates the ability to perform the most complex work, possess/apply the highest level of underwriting skill, and make the largest contributions to the organization
• Advanced to expert level of knowledge of commercial casualty insurance coverages, risk selection, pricing, forms/filings, competitive environment, financial concepts, and producer/territory management
• Demonstrated ability to make disciplined underwriting decisions while reaching new business, retention and other goals
• Ability to independently analyze the most complex financial statements, hazards, coverage, losses, pricing terms, and competitive positions
• Ability to communicate effectively (express views with confidence, presentations, influencing others, etc.), negotiate, work effectively with others, build relationships, plan and organize work, analyze and solve problems, and produce accurate work
• Bachelor's degree (or equivalent) and a minimum 7 years of casualty underwriting experience
• Advanced degree or CPCU preferred

 

 

 

Benefits:

  We value your hard work, integrity and commitment to positive change. In return for your service, it's our privilege to offer you benefits and rewards that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits

 

Overview:

 

At Liberty Mutual, we give motivated, accomplished professionals the opportunity to help us redefine what insurance means; to work for a global leader with a deep sense of humanity and a focus on improving and protecting everyday lives.  We create an inspired, collaborative environment, where people can take ownership of their work; push breakthrough ideas; and feel confident that their contributions will be valued and their growth championed.

 

We're dedicated to doing the right thing for our employees, because we know that their fulfillment and success leads us to great places. Life. Happiness. Innovation. Impact. Advancement. Whatever their pursuit, talented people find their path at Liberty Mutual.