Director, Underwriting- Middle Market, Services and Emerging Industries

Employer
Liberty Mutual Insurance
Location
Nationwide
Salary
$158,000.00 - $208,000.00
Closing date
Mar 29, 2024

View more

Category
IT , Underwriting, Executive / Management
Job Type
Not Specified
Career Level
Not Specified
Workplace
In-Office

Job Details

Pay Philosophy

The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.


Description

Support either the NA Product CUOs in a specialized LOB across all sub segments, or supports the sub segment CUOs in all LOB in their respective profit center. For Profit Center Technical directors, acts as the first point of contact for the frontline UW teams for all questions, key decisions or referrals.

Responsibilities

  • Supports the aligned CUO and business leaders with the product and underwriting components of strategy and planning processes.
  • Incumbents aligned to Product CUOs, assist with translating the global product strategies to the NA level.
  • Supports the sub-segment CUOs, Technical Directors peers and Business Leaders in completing their respective product plan templates.
  • Collates product information to inform planning and tracks progress against the defined plan and strategy for their respective LOB/Industry.
  • Provides subject matter expertise and advisory support to sub-segment CUOs or profit center Technical Directors for complex referrals or unusual market developments.
  • Manages authority and referrals at the profit center level, where delegated by the sub-segment CUO, with authority to resolve issues locally where appropriate.
  • Monitors frameworks for underwriting decisions (e.g., referrals, technical reviews) and recommends improvements, as needed.
  • Regularly evaluates LOB/Industry/UW portfolio performance at either the NA or profit center level, working with Underwriting Leaders to identify drivers of performance, risks, and opportunities.
  • Regularly gathers and synthesizes LOB trends, from top-down (e.g., GPLs/Product Boards) and bottom-up (e.g., profit center Underwriting Leaders) and ensures that business-wide product-related developments are cascaded into the NA profit center teams.
  • Drives LOB/UW technical excellence across the sub-segments or profit center, working with Underwriting Leaders to identify and resolve issues.
  • Works with Underwriting Leaders to identify product and services enhancements, capability development opportunities (e.g., skills, tools), and elevates to aligned CUO (Product or sub segment).
Qualifications

Strong technical underwriting expertise; Experience in relevant markets; Ability to effectively partner with multiple stakeholders and building relationships; Experience with portfolio management

About Us

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.

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 IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates as well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-inclusion

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 about our benefit offerings please visit: https://LMI.co/Benefits

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, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.

Fair Chance Notices

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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