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Associate Underwriter, TRU Services

Employer
Liberty Mutual Insurance
Location
Beverly, Massachusetts
Salary
Not Specified
Closing date
Jun 20, 2019

View more

Category
IT , Underwriting
Job Type
Not Specified
Career Level
Not Specified

Job Details

Our underwriters focus on answering two fundamental questions. Should we write a policy for a particular customer? What is a fair price for the risk that we would incur by writing the policy? On the surface, these questions may seem straightforward, but as an underwriter, you will possess a curiosity that propels you to dig a little deeper for the answers. You will rely on your strong analytic, communication, and negotiation skills and thrive in a fast-paced, collaborative environment. Underwriters are natural problem solvers who want to know our customers and how we can profitably accept the risks that our policies cover.

Under supervision, you will assist in the writing of profitable business through learning and applying risk evaluation and analysis techniques. You will Learn to prepare new and renewal packages and propose pricing/terms as well as create and/or coordinate exhibits and presentation materials and to effectively interact with brokers, insureds, and other internal departments.

Responsibilities:

  • Learns and applies that knowledge to evaluate and analyze accounts to recommend coverage, policy terms and conditions in order to obtain and renew quality, profitable desired business.

  • Learns to effectively communicate proposed pricing, coverages and rating plans to brokers.

  • Learns to develops efficient programs, procedures, exhibits and controls to achieve marketing and product line objectives.

  • Learns to effectively interacts with marketing, loss prevention, and other units to provide top level customer service.

  • Begins to develop a strong knowledge of insurance products and services, North American market place, desired customers (fortune 500 companies) and competitor information.

  • Gains knowledge and expertise of underwriting and production disciplines through internal and external training programs. Begins to keep abreast of industry trends, developments, and regulatory changes to ensure continued superior insurance coverages for targeted market.

  • Performs related duties and special projects to assist in ensuring the success of the product line unit.

Qualifications:

  • Bachelor's degree or 1-2 years insurance experience.
  • Ability to develop strong verbal and written communications skills.
  • The ability to learn and apply new concepts quickly.


Benefits:

We value your hard work, integrity and commitment to positive change. In return for your service, its 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.

Were 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.

Company

When people have a sense of security, they are free to relax, venture out, and live their lives. This is the feeling Liberty Mutual brings to the world every day. Founded in 1912, we are a global leader in property and casualty insurance, focused on protecting and preserving the lives and dreams of customers in more than 30 countries. With over 50,000 employees throughout the world, we offer you the chance to work for an evolving, growing company with a deep sense of humanity and a commitment to diversity and philanthropy. Join our team and go to work knowing that what you do matters. Because really it does.

 

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