Liberty Mutual Insurance
Senior Underwriter, Healthcare Risk Management
Liberty Mutual Insurance, San Diego, California, United States, 92189
Overview
Senior Underwriter, Healthcare Risk Management – The Healthcare Risk Management team is a unit within Major Accounts that focuses on mid-sized and large healthcare providers. You will primarily write Workers' Compensation and Auto for all program structures, primarily loss-sensitive. You will collaborate closely with partners in Loss Control, Industry Consulting, and Claims to build expertise in the healthcare industry and profitably grow the vertical. Role may be considered as Senior or Executive Underwriter based on qualifications. Responsibilities
Develops, grows, and maintains a profitable, diversified book of business through effective underwriting decision making, mutually beneficial agent/broker relationships, and application of underwriting tools, systems, and expert resources. Guides/mentors less experienced underwriters in their area of expertise. Risk Selection: evaluates opportunities by qualifying accounts; identifying, selecting and assessing risks; determining the premium, policy terms and conditions; obtaining approvals; creating/presenting the proposal to the agent/broker and successfully negotiating deals. Agent/Broker Relationships: responsible for production underwriting by marketing to a geographic territory, targeting healthcare accounts with revenues greater than $10M. Demonstrates responsiveness and focuses on supporting Agents and Brokers objectives through successful negotiations; develops and maintains relationships through responsive service, site visits, in-person renewal meetings, or enhanced knowledge of their customers’ businesses. Portfolio Management: manages a sizable and complex book of business by analyzing the portfolio, identifying opportunities for growth, profit, and diversification, and executing marketing plans to increase market share with preferred brokers. Uses pricing models as tools and guidance while tailoring price to risk, quality, and coverage terms to ensure portfolio profitability. Service Value Proposition: understands and articulates the specialized services Liberty Mutual can offer healthcare insureds and how they compare to competitors. Documenting the Deal: documents files showing thought process and decision making through comprehensive account reviews, sign-offs and referrals. Leadership: mentors underwriters in technical and professional skills; provides regular updates to the team. Continuous Improvement: participates in daily huddles, suggests improvements, follows procedures, participates in problem solving, and uses continuous improvement tools to support the team. Qualifications
Intermediate-level knowledge of insurance products/coverage, market segments, and regulatory environment; insurance finance and actuarial concepts; loss control/risk engineering; marketing/selling techniques. Advanced-level knowledge of underwriting, pricing, risk selection, and territory management. Ability to apply underwriting appetite, tools, systems, and resources to achieve goals, solve complex problems, build relationships, mentor, and negotiate. Bachelor’s degree; 3 to 7 years of commercial lines underwriting experience preferred; CPCU or professional designation preferred. About Us
Pay range: Base pay range $68,000.00/yr - $247,000.00/yr. This range is provided by Liberty Mutual Insurance. Your actual pay will be based on your skills and experience. 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 any basis prohibited by law.
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Senior Underwriter, Healthcare Risk Management – The Healthcare Risk Management team is a unit within Major Accounts that focuses on mid-sized and large healthcare providers. You will primarily write Workers' Compensation and Auto for all program structures, primarily loss-sensitive. You will collaborate closely with partners in Loss Control, Industry Consulting, and Claims to build expertise in the healthcare industry and profitably grow the vertical. Role may be considered as Senior or Executive Underwriter based on qualifications. Responsibilities
Develops, grows, and maintains a profitable, diversified book of business through effective underwriting decision making, mutually beneficial agent/broker relationships, and application of underwriting tools, systems, and expert resources. Guides/mentors less experienced underwriters in their area of expertise. Risk Selection: evaluates opportunities by qualifying accounts; identifying, selecting and assessing risks; determining the premium, policy terms and conditions; obtaining approvals; creating/presenting the proposal to the agent/broker and successfully negotiating deals. Agent/Broker Relationships: responsible for production underwriting by marketing to a geographic territory, targeting healthcare accounts with revenues greater than $10M. Demonstrates responsiveness and focuses on supporting Agents and Brokers objectives through successful negotiations; develops and maintains relationships through responsive service, site visits, in-person renewal meetings, or enhanced knowledge of their customers’ businesses. Portfolio Management: manages a sizable and complex book of business by analyzing the portfolio, identifying opportunities for growth, profit, and diversification, and executing marketing plans to increase market share with preferred brokers. Uses pricing models as tools and guidance while tailoring price to risk, quality, and coverage terms to ensure portfolio profitability. Service Value Proposition: understands and articulates the specialized services Liberty Mutual can offer healthcare insureds and how they compare to competitors. Documenting the Deal: documents files showing thought process and decision making through comprehensive account reviews, sign-offs and referrals. Leadership: mentors underwriters in technical and professional skills; provides regular updates to the team. Continuous Improvement: participates in daily huddles, suggests improvements, follows procedures, participates in problem solving, and uses continuous improvement tools to support the team. Qualifications
Intermediate-level knowledge of insurance products/coverage, market segments, and regulatory environment; insurance finance and actuarial concepts; loss control/risk engineering; marketing/selling techniques. Advanced-level knowledge of underwriting, pricing, risk selection, and territory management. Ability to apply underwriting appetite, tools, systems, and resources to achieve goals, solve complex problems, build relationships, mentor, and negotiate. Bachelor’s degree; 3 to 7 years of commercial lines underwriting experience preferred; CPCU or professional designation preferred. About Us
Pay range: Base pay range $68,000.00/yr - $247,000.00/yr. This range is provided by Liberty Mutual Insurance. Your actual pay will be based on your skills and experience. 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 any basis prohibited by law.
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