Excess Casualty Underwriting Specialist

Location
New York City, New York
Salary
Not Specified
Posted
Nov 19, 2020
Closes
Jan 18, 2021
Ref
78220158#GIJ--LibertyMutual.1
Category
IT , Underwriting
Job Type
Not Specified
Career Level
Not Specified

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. Thats why we provide an environment focused on openness, inclusion, trust and respect. Here, youll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession. We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more, please visit https://www.libertymutualgroup.com/about-lm/careers/benefits

Liberty Mutual has proudly been recognized as a Great Place to Work by Great Place to Work US for the past several years. We were also selected as one of the 100 Best Places to Work in IT on IDGs Insider Pro and Computerworlds 2020 list.

We have been named by Forbes as one of Americas Best Employers for Women and one of Americas Best Employers for New Graduatesas well as one of Americas Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-inclusion

Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veterans status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.

The Excess Casualty Underwriting Specialist contributes to the growth and profitability of assigned specialty product line(s) through marketing, underwriting and managing of products and services of complex risks. Risks may require special handling or unusual coverages. This role requires specialized knowledge of underwriting concepts, practices, procedures and techniques to include coverage issues, product lines, marketing, relevant systems, and competition in the market place. Demonstrates strong strategic and marketing capabilities.

Responsibilities:

  • Establishes and maintains relationships to facilitate marketing of Ironshore products and services to the brokerage community.

  • Reviews and negotiates policy terms and conditions.

  • Underwrites targeted new and renewal business by reviewing and analyzing insured's (or prospective insured's) exposures, loss history, financials, and other pertinent information.

  • Makes independent marketing calls to brokers and prospective insureds.

  • Contributes to the development of marketing plans, product analysis, services, geographic focus and broker intelligence.

  • Communicates with other product line underwriters and claims analysts in order to provide top level customer service.

  • Completes referrals for other members of the department including Underwriters and Associate Underwriters in product line and/or technical knowledge and development.

  • Analyzes data prepared by underwriters and uses experience or letters of authority to provide approval for risk selection and acceptance, coverage, and price.

  • Builds expertise by training and developing technically competent underwriters with confidence of judgment and deal orientation.

  • Analyzes key metrics of underwriters' results and identifies areas of improvement and development opportunities.

  • Performs related duties as requested to include: subject matter expert, report preparation, presentations, and special projects to assist in ensuring the success of the product line unit.

  • Bachelor's degree or advanced degree or equivalent

  • 8-10 years underwriting experience.

  • Requires advanced knowledge of underwriting concepts, practices, and procedures.

  • At least 3-5 years experience underwriting highly technical risks.

  • The ability to effectively interact with brokers and internal departments.

  • Strong verbal and written communications skills.

  • Strong negotiation, analytical, and decision making skills are also required.

  • Demonstrated strategic and marketing capabilities.

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