Liberty Mutual Insurance
Executive Underwriter, Excess Casualty
Liberty Mutual Insurance, Boston, Massachusetts, us, 02298
Overview
Executive Underwriter, Excess Casualty at Liberty Mutual Insurance. Responsible for a profitable book of insurance business by marketing, managing, underwriting, and evaluating risks within delegated authority levels. Partners with agents and brokers to manage a complex book of excess liability business. Demonstrates decision-making authority, recommending quality exceptions where appropriate to maximize profitability and meet business plans. Supports marketing activities to agents and participates in the agency management process. Responsible for working with and protecting confidential and proprietary customer and Company information. Responsibilities
Risk Selection: Review, rate, underwrite, evaluate, or assess the business applying for insurance by qualifying accounts, identifying and assessing risks, determining the premium, policy terms and conditions, obtaining approvals, presenting the proposal to the agent/broker, and negotiating deals. Agent/Broker Relationships: Maintain a high level of responsiveness and support Key Agents and Brokers objectives. Establish, develop, and maintain relationships to facilitate marketing of products, through site visits, renewal meetings, and knowledge of their customers’ businesses. Build a long-term quality pipeline with Key Agents/Brokers. Portfolio Management: Analyze a sizable and complex book, identify opportunities for growth and profitability, and execute marketing plans to increase market share by engaging preferred brokers and cross-marketing. Contribute to marketing plans, product analysis, services, geographic focus, and broker intelligence. Documenting the Deal: Prepare files that reflect clear thought processes and decision making through comprehensive account reviews, sign-offs, and referrals that comply with state regulations, authority letters, and underwriting guidelines. Leadership: Guide, mentor, and coach underwriters and account analysts in technical and professional skills. Share expertise and provide updates to colleagues. Continuous Improvement: Contribute to continuous improvement by generating ideas, solving problems, and using continuous improvement tools to support the team. Qualifications
Intermediate-level knowledge of insurance products, underwriting, pricing, risk selection, market segments, regulatory environment, and reinsurance; strong understanding of territory management; knowledge of insurance finance and actuarial concepts. Ability to apply underwriting appetite, tools, systems, and resources to achieve goals; strong problem-solving, relationship-building, mentoring, and negotiation skills; bachelor’s degree preferred; eight to ten years of relevant experience; CPCU or professional insurance designation strongly preferred. About the Company and Benefits
Pay range information is provided by Liberty Mutual Insurance. The actual pay will be based on skills and experience; discuss with a recruiter to learn more. The typical starting salary range is influenced by factors including location, experience, and education, and may include bonus or commission opportunities as defined by the role’s compensation plan. Liberty Mutual is an equal opportunity employer and adheres to applicable laws prohibiting discrimination. We value diversity and inclusion and offer comprehensive benefits and learning opportunities to support employee well-being. Note: This description includes general information about the role and may not reflect every duty of the position. Applicants should refer to the official job posting for complete details.
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Executive Underwriter, Excess Casualty at Liberty Mutual Insurance. Responsible for a profitable book of insurance business by marketing, managing, underwriting, and evaluating risks within delegated authority levels. Partners with agents and brokers to manage a complex book of excess liability business. Demonstrates decision-making authority, recommending quality exceptions where appropriate to maximize profitability and meet business plans. Supports marketing activities to agents and participates in the agency management process. Responsible for working with and protecting confidential and proprietary customer and Company information. Responsibilities
Risk Selection: Review, rate, underwrite, evaluate, or assess the business applying for insurance by qualifying accounts, identifying and assessing risks, determining the premium, policy terms and conditions, obtaining approvals, presenting the proposal to the agent/broker, and negotiating deals. Agent/Broker Relationships: Maintain a high level of responsiveness and support Key Agents and Brokers objectives. Establish, develop, and maintain relationships to facilitate marketing of products, through site visits, renewal meetings, and knowledge of their customers’ businesses. Build a long-term quality pipeline with Key Agents/Brokers. Portfolio Management: Analyze a sizable and complex book, identify opportunities for growth and profitability, and execute marketing plans to increase market share by engaging preferred brokers and cross-marketing. Contribute to marketing plans, product analysis, services, geographic focus, and broker intelligence. Documenting the Deal: Prepare files that reflect clear thought processes and decision making through comprehensive account reviews, sign-offs, and referrals that comply with state regulations, authority letters, and underwriting guidelines. Leadership: Guide, mentor, and coach underwriters and account analysts in technical and professional skills. Share expertise and provide updates to colleagues. Continuous Improvement: Contribute to continuous improvement by generating ideas, solving problems, and using continuous improvement tools to support the team. Qualifications
Intermediate-level knowledge of insurance products, underwriting, pricing, risk selection, market segments, regulatory environment, and reinsurance; strong understanding of territory management; knowledge of insurance finance and actuarial concepts. Ability to apply underwriting appetite, tools, systems, and resources to achieve goals; strong problem-solving, relationship-building, mentoring, and negotiation skills; bachelor’s degree preferred; eight to ten years of relevant experience; CPCU or professional insurance designation strongly preferred. About the Company and Benefits
Pay range information is provided by Liberty Mutual Insurance. The actual pay will be based on skills and experience; discuss with a recruiter to learn more. The typical starting salary range is influenced by factors including location, experience, and education, and may include bonus or commission opportunities as defined by the role’s compensation plan. Liberty Mutual is an equal opportunity employer and adheres to applicable laws prohibiting discrimination. We value diversity and inclusion and offer comprehensive benefits and learning opportunities to support employee well-being. Note: This description includes general information about the role and may not reflect every duty of the position. Applicants should refer to the official job posting for complete details.
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