Liberty Mutual Insurance
Executive Underwriter, Excess Casualty
Liberty Mutual Insurance, Boston, Massachusetts, us, 02298
Overview
Executive Underwriter, Excess Casualty — Liberty Mutual Insurance Base pay range:
$89,000.00/yr - $247,000.00/yr Seeking an experienced underwriter to own a profitable, complex book of excess liability business, including umbrella coverage. The Senior Excess Liability Underwriter will evaluate and underwrite risks within delegated authority, partner with agents and brokers to source and negotiate business (including umbrella placements), and manage portfolio performance to meet profitability and growth targets. This role requires strong technical underwriting judgment, excellent broker relationship skills, and the ability to coach less-experienced team members.
Responsibilities
Risk selection & underwriting: Assess new and renewal submissions (including primary and underlying layers), determine pricing, terms and limits, and document underwriting decisions. Evaluate attachment points, underlying policy adequacy and conditions for umbrella/stacked excess placements. Apply delegated authority and seek approvals or recommend quality exceptions when appropriate to optimize profitability.
Umbrella coverage & program oversight: Underwrite and manage umbrella business by verifying underlying limits, endorsements and exclusions; setting appropriate attachment points and limits; ensuring program compliance; and escalating or documenting exceptions when required. Advise brokers on documentation expectations and acceptable underlying coverage.
Deal development & negotiation: Prepare proposals (including umbrella-compliant terms), present terms to agents/brokers, and negotiate to close business that aligns with portfolio strategy, risk appetite, and umbrella program requirements.
Agent & broker relationship management: Build and maintain strong relationships with key agents and brokers through proactive outreach, site visits, renewal meetings and timely service to grow a high-quality pipeline for both excess and umbrella products. Educate partners on umbrella features, attachment conditions, and documentation needs.
Portfolio management: Monitor and analyze portfolio performance, identify concentration/coverage gaps, and execute targeted marketing plans to improve growth, diversification and profitability.
Documentation & compliance: Maintain comprehensive, audit-ready files that reflect risk selection rationale, umbrella-specific approvals or exceptions, and compliance with regulatory and company guidelines.
Leadership & mentoring: Coach and mentor underwriters and account analysts, share technical expertise on excess and umbrella structures, and provide regular feedback and case guidance.
Continuous improvement: Participate in process improvement initiatives, contribute ideas, and use data and tools to increase efficiency and underwriting consistency.
Qualifications
Bachelor’s degree or equivalent; advanced/industry certification (CPCU, AU, or equivalent) preferred.
5+ years underwriting experience in excess liability or casualty lines; demonstrated success managing complex accounts and delegated authority.
Specific experience with umbrella/umbrella programs and familiarity with GRS umbrella coverage, guidelines, and documentation requirements strongly preferred.
Strong technical underwriting skills: evaluation of underlying layers, attachment analysis, pricing, policy terms and reinsurance awareness.
Proven track record of developing broker relationships and negotiating placements, including program/umbrella solutions.
Excellent verbal and written communication, presentation, and decision-making skills.
Ability to analyze portfolio-level metrics and translate findings into action plans.
Supervisory or mentoring experience preferred.
About Us Pay Philosophy: The typical starting salary range for this role is determined by factors including skills, experience, education, certifications, and location. The full salary range reflects the competitive labor market value for all employees in these positions across the national market and may include commission and/or bonus earnings per the compensation plan.
As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. We offer benefits, learning opportunities, and a focus on inclusion to meet evolving customer needs.
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. Fair Chance Notices: California; Los Angeles; Los Angeles Unincorporated; Philadelphia; San Francisco.
Employment details
Seniority level: Not Applicable
Employment type: Full-time
Job function: Finance
Industries: Insurance
We are not providing additional reviews of unrelated job postings. If this role is not a fit, explore other Executive Underwriter roles in Boston, MA.
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Executive Underwriter, Excess Casualty — Liberty Mutual Insurance Base pay range:
$89,000.00/yr - $247,000.00/yr Seeking an experienced underwriter to own a profitable, complex book of excess liability business, including umbrella coverage. The Senior Excess Liability Underwriter will evaluate and underwrite risks within delegated authority, partner with agents and brokers to source and negotiate business (including umbrella placements), and manage portfolio performance to meet profitability and growth targets. This role requires strong technical underwriting judgment, excellent broker relationship skills, and the ability to coach less-experienced team members.
Responsibilities
Risk selection & underwriting: Assess new and renewal submissions (including primary and underlying layers), determine pricing, terms and limits, and document underwriting decisions. Evaluate attachment points, underlying policy adequacy and conditions for umbrella/stacked excess placements. Apply delegated authority and seek approvals or recommend quality exceptions when appropriate to optimize profitability.
Umbrella coverage & program oversight: Underwrite and manage umbrella business by verifying underlying limits, endorsements and exclusions; setting appropriate attachment points and limits; ensuring program compliance; and escalating or documenting exceptions when required. Advise brokers on documentation expectations and acceptable underlying coverage.
Deal development & negotiation: Prepare proposals (including umbrella-compliant terms), present terms to agents/brokers, and negotiate to close business that aligns with portfolio strategy, risk appetite, and umbrella program requirements.
Agent & broker relationship management: Build and maintain strong relationships with key agents and brokers through proactive outreach, site visits, renewal meetings and timely service to grow a high-quality pipeline for both excess and umbrella products. Educate partners on umbrella features, attachment conditions, and documentation needs.
Portfolio management: Monitor and analyze portfolio performance, identify concentration/coverage gaps, and execute targeted marketing plans to improve growth, diversification and profitability.
Documentation & compliance: Maintain comprehensive, audit-ready files that reflect risk selection rationale, umbrella-specific approvals or exceptions, and compliance with regulatory and company guidelines.
Leadership & mentoring: Coach and mentor underwriters and account analysts, share technical expertise on excess and umbrella structures, and provide regular feedback and case guidance.
Continuous improvement: Participate in process improvement initiatives, contribute ideas, and use data and tools to increase efficiency and underwriting consistency.
Qualifications
Bachelor’s degree or equivalent; advanced/industry certification (CPCU, AU, or equivalent) preferred.
5+ years underwriting experience in excess liability or casualty lines; demonstrated success managing complex accounts and delegated authority.
Specific experience with umbrella/umbrella programs and familiarity with GRS umbrella coverage, guidelines, and documentation requirements strongly preferred.
Strong technical underwriting skills: evaluation of underlying layers, attachment analysis, pricing, policy terms and reinsurance awareness.
Proven track record of developing broker relationships and negotiating placements, including program/umbrella solutions.
Excellent verbal and written communication, presentation, and decision-making skills.
Ability to analyze portfolio-level metrics and translate findings into action plans.
Supervisory or mentoring experience preferred.
About Us Pay Philosophy: The typical starting salary range for this role is determined by factors including skills, experience, education, certifications, and location. The full salary range reflects the competitive labor market value for all employees in these positions across the national market and may include commission and/or bonus earnings per the compensation plan.
As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. We offer benefits, learning opportunities, and a focus on inclusion to meet evolving customer needs.
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. Fair Chance Notices: California; Los Angeles; Los Angeles Unincorporated; Philadelphia; San Francisco.
Employment details
Seniority level: Not Applicable
Employment type: Full-time
Job function: Finance
Industries: Insurance
We are not providing additional reviews of unrelated job postings. If this role is not a fit, explore other Executive Underwriter roles in Boston, MA.
#J-18808-Ljbffr