Liberty Mutual Insurance
Senior Underwriter, Small Commercial
Liberty Mutual Insurance, Milwaukee, Wisconsin, United States, 53244
Overview
Senior Underwriter, Small Commercial at Liberty Mutual Insurance. This is a remote position with occasional travel for in-person agency visits. Ideal candidate will live and work remotely in Indiana or surrounding states. This is a ranged posting. Level offered will be based on candidate experience at manager discretion. Pay
Base pay range: $66,000.00/yr - $144,000.00/yr This range is provided by Liberty Mutual Insurance. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Description
Great underwriters know how to balance data analytics with human intuition. If you like both quantitative and qualitative reasoning, enjoy the challenge and autonomy of managing your own accounts at a company that offers competitive compensation and benefits, then consider joining the underwriting department at Liberty Mutual. As a Small Commercial Underwriter in property casualty insurance, you’ll develop, grow and maintain diversified books of business while working closely with agents and brokers to assess risks, determine premiums, set conditions and negotiate deals that maximize profitability and meet business goals. Responsibilities
Strategic Account Manager: As part of your portfolio strategy, you’ll ensure a profitable book of Property and Casualty insurance by writing new accounts with premiums of $100,000 and below, and growing successful agent and broker relationships and pursuing renewals Problem solver: You’ll crunch the numbers and review the data to determine risk selection, premiums, policies and conditions, as well as identify opportunities for improved growth, profit and diversification Clear communicator: You’ll maintain and nurture successful relationships with agents and brokers, while presenting proposals, negotiating deals and obtaining approvals Collaborative teammate: Contributing to overall team success, you’ll mentor underwriters in both a technical and professional capacity, sharing best practices and identifying opportunities for continuous improvement Conscientious professional: Understanding that the deal isn’t done until the paperwork is complete, you’ll document account reviews, state-compliant sign-offs and referrals, letters of authority and follow underwriting guidelines Qualifications
Experience 3-5+ years of commercial lines underwriting experience Experience with multi-line insurance products Skills Analytical, problem-solving capabilities Strong territory management skills Excellent communication skills An aptitude for building rewarding relationships with agents and brokers, peer underwriters, underwriting assistants, and junior underwriters Knowledge Command of insurance finance and actuarial concepts Thorough knowledge of commercial insurance products, underwriting, risk selection, pricing and marketplaces, as well as regulatory issues in relevant territories Understanding of contract language, including regulatory and policy differences among applicable states Familiarity with continuous improvement processes and tools Education A bachelor’s degree in a related field Chartered Property Casual Underwriter or other professional insurance designation preferred About Us & Benefits
Liberty Mutual is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment. For benefit information, 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 may apply in certain locations.
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Senior Underwriter, Small Commercial at Liberty Mutual Insurance. This is a remote position with occasional travel for in-person agency visits. Ideal candidate will live and work remotely in Indiana or surrounding states. This is a ranged posting. Level offered will be based on candidate experience at manager discretion. Pay
Base pay range: $66,000.00/yr - $144,000.00/yr This range is provided by Liberty Mutual Insurance. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Description
Great underwriters know how to balance data analytics with human intuition. If you like both quantitative and qualitative reasoning, enjoy the challenge and autonomy of managing your own accounts at a company that offers competitive compensation and benefits, then consider joining the underwriting department at Liberty Mutual. As a Small Commercial Underwriter in property casualty insurance, you’ll develop, grow and maintain diversified books of business while working closely with agents and brokers to assess risks, determine premiums, set conditions and negotiate deals that maximize profitability and meet business goals. Responsibilities
Strategic Account Manager: As part of your portfolio strategy, you’ll ensure a profitable book of Property and Casualty insurance by writing new accounts with premiums of $100,000 and below, and growing successful agent and broker relationships and pursuing renewals Problem solver: You’ll crunch the numbers and review the data to determine risk selection, premiums, policies and conditions, as well as identify opportunities for improved growth, profit and diversification Clear communicator: You’ll maintain and nurture successful relationships with agents and brokers, while presenting proposals, negotiating deals and obtaining approvals Collaborative teammate: Contributing to overall team success, you’ll mentor underwriters in both a technical and professional capacity, sharing best practices and identifying opportunities for continuous improvement Conscientious professional: Understanding that the deal isn’t done until the paperwork is complete, you’ll document account reviews, state-compliant sign-offs and referrals, letters of authority and follow underwriting guidelines Qualifications
Experience 3-5+ years of commercial lines underwriting experience Experience with multi-line insurance products Skills Analytical, problem-solving capabilities Strong territory management skills Excellent communication skills An aptitude for building rewarding relationships with agents and brokers, peer underwriters, underwriting assistants, and junior underwriters Knowledge Command of insurance finance and actuarial concepts Thorough knowledge of commercial insurance products, underwriting, risk selection, pricing and marketplaces, as well as regulatory issues in relevant territories Understanding of contract language, including regulatory and policy differences among applicable states Familiarity with continuous improvement processes and tools Education A bachelor’s degree in a related field Chartered Property Casual Underwriter or other professional insurance designation preferred About Us & Benefits
Liberty Mutual is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment. For benefit information, 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 may apply in certain locations.
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