Skip to main content

This job has expired

Director, Inland Marine Underwriting, National Insurance Property

Employer
Liberty Mutual Insurance
Location
Chicago, Illinois
Salary
Not Specified
Closing date
Aug 24, 2019

View more

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

Job Details

For an assigned territory of the largest and most complex construction property / inland marine risks with retailer brokers, analyzes the exposures, hazards, requested coverages, loss history, pricing targets and desired program structure to select business and determine appropriate terms and conditions. Independently produces and manages own profitable book of business and manages producer/customer relationships. Maintains the highest level of skills/knowledge in a specific industry segment. Shares underwriting expertise with underwriters at all levels.


Responsibilities:


  • Responsible for underwriting contractors property, contractors equipment, project builders risk and master builders risk within the determined appetite.

  • Independently works with assigned distribution channel to appropriately select risks, evaluate and recommend program structure, services and pricing to achieve a balanced portfolio and long-term profitability.

  • Establishes and maintain business relationships to develop new opportunities as well as visits insured and brokers/ producers in order to retain existing accounts in support of the producer and territory management plan.

  • Independently reviews engineering information to assess risk quality and compliance within company guidelines and initiates appropriate loss prevention actions.

  • Evaluates reinsurance requirements and implements appropriate action.

  • Communicates and collaborates across disciplines to establish and maintain relationships to achieve organizational and policyholder success.

  • Leads the development and coaching of less experienced underwriters, shares knowledge of industry specific specialty with underwriters of all levels and is seen as a technical underwriting resource.

  • Actively continues to improve personal knowledge and practices of the insurance industry through work experience, in-house instruction, insurance specific designations (e.g. CPCU), industry courses, home office seminars and workshops, etc.


  • Expert-level knowledge of construction property & inland marine underwriting principles, practices and procedures as well as the highest level of skill and business acumen.
  • Highly developed negotiation and communications skills.
  • Well established relationships with brokers in the respective territory / market
  • Demonstrated ability and experience in establishing and sustaining relationships with producers and customers as normally acquired through a bachelor's degree (or equivalent) and a minimum of 8-10 years builders risk / inland marine underwriting or related experience.


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.

 

Get job alerts

Create a job alert and receive personalized job recommendations straight to your inbox.

Create alert