Launch your Underwriting career at Liberty Mutual Insurance - A Fortune 100 Company!

Are you ready to be responsible for the profitable growth of an assumed reinsurance portfolio? In this exhilarating position, you will achieve a return on equity consistent with company objectives. You will establish and execute a dynamic marketing plan that facilitates desired level of growth and strong profitability. This opportunity will allow you to track and manage the catastrophe accumulation exposure presented by the book. You will work with the Director of Assumed Claims to resolve coverage or payment issues. Have you worked with Actuarial and Reinsurance Accounting regarding overall results and reserves including discussion of claims issues? We will need you to work with catastrophe modeling in exposure analysis of an account and ensure compliance within established aggregate thresholds. If serving as a technical resource on underwriting and reinsurance issues is something you gravitate to, please read more on this exciting opportunity:

Responsibilities:

• Annually draft an assumed reinsurance business plan that emphasizes diversified growth, controls aggregate exposures, achieves a return on equity that meets Company standards, and maintains an acceptable level of catastrophe protection.

• Underwrites new and renewal property and/or multiline reinsurance programs that meet department and business plan guidelines. Perform underwriting audits to ensure continued acceptable performance.

• Develop and implement a marketing plan to facilitate profitable growth. Establishes and maintains positive relationships with brokers and reinsurers to secure opportunities compatible with business plan objectives.

• Track and lead aggregate exposures presented by the assumed book so they remain within business plan parameters.

• Collaborates with the Assumed Reinsurance Underwriting Manager to develop underwriting strategies, techniques, and guidelines.

• Serve as a technical resource to the SBUs and Reinsurance Department on underwriting and reinsurance issues.

• Leverage existing broker and reinsurer relationships to generate ceded business opportunities.

Qualifications:

• A BA or BS degree with a minimum of 10 years of relevant insurance operations experience to include 4-5 years of commercial underwriting.

• A reinsurance background is strongly preferred. Ought to have strong oral and written communication skills and experience writing and executing business plans focused on developing and underwriting a portfolio of property and casualty risks generating an acceptable return on equity.

• A proven understanding of reinsurance underwriting, claims, accounting concepts, systems and procedures is desirable.

• Must have strong broker and reinsurer contacts.

• Marketing experience is a plus.

• A familiarity with Liberty's structure, department/SBU functions, and information systems would be helpful.

Liberty Mutual is an equal opportunity employer. We embrace an environment that is free from all discrimination in the workplace, in its business, or by its vendors. Liberty Mutual values diversity and the differences and similarities of our employees. We foster a diverse and inclusive work environment that leads to better ideas, stronger teams and more innovative products and services for our customers. Learn more

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.