Skip to main content

This job has expired

Underwriting Consultant, National Insurance Property

Employer
Liberty Mutual Insurance
Location
New York City, New York
Salary
Not Specified
Closing date
Oct 24, 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 assume by writing the policy?

As the Underwriting Consultant in our National Insurance Property team, you will work under broad management direction, analyzes a company's exposures, hazards, financial ratios, commercial property insurance coverage, loss history, pricing targets, and desired program structure to recommend whether to proceed with an account, and if so, under what terms and conditions. This Large Account Property Underwriter will work with an Account Analyst and Risk Engineering to underwrite single carrier business greater than $150M TIV. (Total Insured Value).

  • You will Evaluate or assesses the business applying for insurance by qualifying accounts; identifying, selecting and assessing risks; resolving premium, policy terms and conditions; obtaining approvals; creating/presenting the proposal to the agent/broker and successfully negotiating deals.
  • Demonstrate a high level of responsiveness and focus on supporting Agents and Brokers objectives through successful negotiations. Establishes and maintains the relationship through responsive service, site visits, in person renewal meetings or improved knowledge of their customers businesses.
  • Lead a sizable and complex book by analyzing the portfolio, identifying areas of opportunity for improved growth, profit and diversification. Executing marketing plans to increase business with preferred brokers.
  • Document files in a way that reflects a validated thought process and decision-making through comprehensive account reviews, sign-offs and referrals.
  • Formally guide, mentors, and coaches underwriters in both technical and professional skills. Demonstrates a specialized knowledge and provides regular updates to other underwriters.
  • Actively participate in continuous improvement by fully engaging in daily huddles, generating suggestions, following appropriate procedures and work principles. You will participate in problem solving activities, and using continuous improvement tools to support the work of the team.

Qualifications:



Advanced-level knowledge of insurance products/coverage, market segments and marketplace; insurance finance and actuarial concepts; loss control/risk engineering; marketing/selling techniques, regulatory environment and reinsurance; advanced-level knowledge of underwriting, pricing, risk selection, territory management. Ability to apply underwriting/appetite, tools, systems, and resources to achieve goals, take on complex problems, establish and build healthy working relationships, lead mentoring relationships, and negotiate, as normally acquired and a related bachelor’s degree eight to ten years of commercial lines underwriting experience preferred; CPCU or professional insurance designation preferred.

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 creative products and services for our customers.

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.

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