Liberty Mutual Insurance
Senior Underwriter, Healthcare Risk Management
Liberty Mutual Insurance, Denver, Colorado, United States, 80285
Senior Underwriter, Healthcare Risk Management
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Senior Underwriter, Healthcare Risk Management
role at
Liberty Mutual Insurance
Job Overview The Healthcare Risk Management team is a unit within Major Accounts that focuses on mid-sized and large healthcare providers. As part of this specialized unit, 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.
Responsibilities
Develop, grow, and maintain 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.
Risk Selection: Evaluate 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.
Demonstrate a high level of responsiveness and focus on supporting agents and brokers objectives through successful negotiations, develop and maintain the relationship through responsive service, site visits, in-person renewal meetings or enhanced knowledge of their customers’ businesses.
Portfolio Management: Manage a sizable and complex book of business by analyzing the portfolio, identifying areas of opportunity for improved growth, profit, and diversification, and executing marketing plans to increase market share with preferred brokers. Use pricing models and tailor price to risk, quality, and coverage terms to ensure portfolio profitability.
Service Value Proposition: Understand and articulate the specialized services Liberty Mutual can offer our healthcare insureds and how they compare to those provided by our competitors.
Document the Deal: Document files in a way that reflects a solid decision-making process and comprehensive account reviews, sign-offs and referrals.
Leadership: Formally guide, mentor, and coach underwriters in both technical and professional skills.
Continuous Improvement: Actively participate in continuous improvement by fully engaging in daily huddles, generating suggestions, following appropriate procedures and work principles, and using continuous improvement tools to support the work of the team.
Qualifications
Intermediate-level knowledge of insurance products/coverage, market segments, and marketplace; insurance finance and actuarial concepts; loss control/risk engineering; marketing/selling techniques, and regulatory environment.
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, establish and build healthy working relationships, lead mentoring relationships, and negotiate.
Bachelor’s degree; 3 to 7 years of commercial lines underwriting experience preferred; CPCU or professional insurance designation preferred.
About Liberty Mutual 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
California
Los Angeles Incorporated
Los Angeles Unincorporated
Philadelphia
San Francisco
#J-18808-Ljbffr
Senior Underwriter, Healthcare Risk Management
role at
Liberty Mutual Insurance
Job Overview The Healthcare Risk Management team is a unit within Major Accounts that focuses on mid-sized and large healthcare providers. As part of this specialized unit, 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.
Responsibilities
Develop, grow, and maintain 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.
Risk Selection: Evaluate 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.
Demonstrate a high level of responsiveness and focus on supporting agents and brokers objectives through successful negotiations, develop and maintain the relationship through responsive service, site visits, in-person renewal meetings or enhanced knowledge of their customers’ businesses.
Portfolio Management: Manage a sizable and complex book of business by analyzing the portfolio, identifying areas of opportunity for improved growth, profit, and diversification, and executing marketing plans to increase market share with preferred brokers. Use pricing models and tailor price to risk, quality, and coverage terms to ensure portfolio profitability.
Service Value Proposition: Understand and articulate the specialized services Liberty Mutual can offer our healthcare insureds and how they compare to those provided by our competitors.
Document the Deal: Document files in a way that reflects a solid decision-making process and comprehensive account reviews, sign-offs and referrals.
Leadership: Formally guide, mentor, and coach underwriters in both technical and professional skills.
Continuous Improvement: Actively participate in continuous improvement by fully engaging in daily huddles, generating suggestions, following appropriate procedures and work principles, and using continuous improvement tools to support the work of the team.
Qualifications
Intermediate-level knowledge of insurance products/coverage, market segments, and marketplace; insurance finance and actuarial concepts; loss control/risk engineering; marketing/selling techniques, and regulatory environment.
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, establish and build healthy working relationships, lead mentoring relationships, and negotiate.
Bachelor’s degree; 3 to 7 years of commercial lines underwriting experience preferred; CPCU or professional insurance designation preferred.
About Liberty Mutual 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
California
Los Angeles Incorporated
Los Angeles Unincorporated
Philadelphia
San Francisco
#J-18808-Ljbffr