Job Abstract

ID

2024-65071

Position Type

Full-Time

Minimum Salary

USD $73,700.00/Yr.

Maximum Salary

USD $192,500.00/Yr.

Typical Starting Salary

$103,000 -$162,000

Flexible Time Off Annual Accrual - days

20

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.

Our Senior Underwriter contributes to the growth and profitability of assigned Shared & Layered Retail Property accounts through marketing, underwriting and managing of products and services of complex risks. Risks may require special handling or unusual coverages. Requires specialized knowledge of underwriting concepts, practices, procedures and techniques to include coverage issues, product lines, marketing, relevant systems, and competition in the marketplace. Demonstrates strong strategic and marketing capabilities.

This is a hybrid office role in the posted office location.

Responsibilities:

• Establishes and maintains relationships to facilitate marketing of Liberty Mutual Shared & Layered Retail Property products and services to the brokerage community.
• Makes independent sales calls to market and cross market.
• Reviews and negotiates policy terms and conditions including manuscript wording.
• Underwrites targeted new and renewal business by reviewing and analyzing insured's (or prospective insured's) 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.
• Assists other members of the department including Underwriters, Associate Underwriters in product line and/or technical knowledge and development.
• Performs related duties as requested to include, report preparation, presentations, and special projects to assist in ensuring the success of the product line unit.

• Degree in Business or equivalent typically required
• A minimum of 2.5 years, typically 3 or more years, of progressive underwriting experience and/or other related experience
• CPCU or professional insurance designation preferred
• Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility that includes competence with all phases and aspects of the underwriting process, and proficiency in the use of qualitative and quantitative tools and techniques
• Must demonstrate comprehension of complex technical underwriting issues and be capable of defining and implementing necessary underwriting and administrative processes/workflows to properly manage or administer those issues
• Proven track record of developing and underwriting profitable business

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.