Liberty Mutual Insurance
Senior Underwriter, Small Commercial
Liberty Mutual Insurance, Lansing, Michigan, United States, 48900
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. Base pay range $66,000.00/yr - $144,000.00/yr 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. We encourage you to apply and bring your expertise if you’re a: Strategic Account Manager: ensure a profitable book of Property and Casualty insurance by writing new accounts with premiums of $100,000 and below, growing successful agent and broker relationships, and pursuing renewals Problem solver: crunch numbers and review data to determine risk selection, premiums, policies and conditions, and identify opportunities for improved growth, profit and diversification Clear communicator: maintain and nurture relationships with agents and brokers, present proposals, negotiate deals and obtain approvals Collaborative teammate: mentor underwriters in a technical and professional capacity, share best practices and identify opportunities for continuous improvement Conscientious professional: document account reviews, state-compliant sign-offs and referrals, letters of authority and follow underwriting guidelines Responsibilities
Develop, grow and maintain a diversified book of business within Small Commercial (Property & Casualty), working with agents and brokers to assess risks and determine premiums Balance data analytics with qualitative judgment to select risks and structure terms that maximize profitability while meeting business goals 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 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, plus 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 Pay Philosophy
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 reflects the competitive labor market value for all employees in these positions across the national market. Some roles may include commission and/or bonus earnings as described in the compensation plan. About Liberty Mutual
Liberty Mutual is an equal opportunity employer. We are committed to fostering an inclusive environment and offer comprehensive benefits and opportunities for professional development. We welcome applicants from all backgrounds and support diversity through our Employee Resource Groups (ERGs) and feedback-driven culture. 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 status, pregnancy, genetic information or any basis prohibited by law. Additional notices
California Los Angeles County Los Angeles City Philadelphia San Francisco Seniority level
Not Applicable Employment type
Full-time Job function
Finance Industries Insurance
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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. Base pay range $66,000.00/yr - $144,000.00/yr 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. We encourage you to apply and bring your expertise if you’re a: Strategic Account Manager: ensure a profitable book of Property and Casualty insurance by writing new accounts with premiums of $100,000 and below, growing successful agent and broker relationships, and pursuing renewals Problem solver: crunch numbers and review data to determine risk selection, premiums, policies and conditions, and identify opportunities for improved growth, profit and diversification Clear communicator: maintain and nurture relationships with agents and brokers, present proposals, negotiate deals and obtain approvals Collaborative teammate: mentor underwriters in a technical and professional capacity, share best practices and identify opportunities for continuous improvement Conscientious professional: document account reviews, state-compliant sign-offs and referrals, letters of authority and follow underwriting guidelines Responsibilities
Develop, grow and maintain a diversified book of business within Small Commercial (Property & Casualty), working with agents and brokers to assess risks and determine premiums Balance data analytics with qualitative judgment to select risks and structure terms that maximize profitability while meeting business goals 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 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, plus 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 Pay Philosophy
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 reflects the competitive labor market value for all employees in these positions across the national market. Some roles may include commission and/or bonus earnings as described in the compensation plan. About Liberty Mutual
Liberty Mutual is an equal opportunity employer. We are committed to fostering an inclusive environment and offer comprehensive benefits and opportunities for professional development. We welcome applicants from all backgrounds and support diversity through our Employee Resource Groups (ERGs) and feedback-driven culture. 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 status, pregnancy, genetic information or any basis prohibited by law. Additional notices
California Los Angeles County Los Angeles City Philadelphia San Francisco Seniority level
Not Applicable Employment type
Full-time Job function
Finance Industries Insurance
#J-18808-Ljbffr