Liberty Mutual Insurance
Executive Underwriter, Middle Market Technology
Liberty Mutual Insurance, Phoenix, Arizona, United States, 85003
Executive Underwriter, Middle Market Technology
Liberty Mutual Insurance is seeking an experienced Executive Underwriter to underwrite middle market technology accounts focused on Property & Casualty and Technology Errors & Omissions (Tech E&O). The role combines autonomous underwriting authority with commercial development. You will manage a portfolio of brokers and clients, underwrite complex/mid-to-large risk technology accounts, price risk analytically, and shape product and go-to-market strategy for the technology vertical.
Responsibilities
Risk Selection: Review, rate, underwrite, evaluate, or assess the business applying for insurance 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: Demonstrate a high level of responsiveness and focus on supporting Agents and Brokers objectives. Establish, develop, and maintain successful relationships with Agents and Brokers to facilitate marketing of products, through responsive service, site visits, in person renewal meetings or enhanced knowledge of their customers businesses. Develop a strong personal brand to build and maintain a long-term quality pipeline with Agents/Brokers.
Portfolio Management: Manage a sizable and complex book of technology business by analyzing the portfolio, identifying areas of opportunity for improved growth, profit and diversification, and executing marketing plans to increase market share by making marketing calls to brokers to market and cross market.
Documenting the Deal: Document files in a way that reflects a solid thought process and decision making through comprehensive account reviews, sign-offs and referrals that comply with state regulations, letter of authority, and underwriting guidelines.
Leadership: Formally guide, mentor, and coach underwriters and account analysts in both technical and professional skills. Demonstrate an area of expertise and provide regular updates to other underwriters.
Continuous Improvement: Actively participate in continuous improvement by generating suggestions, participating in problem solving activities and using continuous improvement tools to support the work of the team.
Qualifications
Degree in Business or equivalent typically required.
A minimum of 7 years expected, typically 10 years or more, of progressive underwriting experience and/or other related business experience.
CPCU or professional insurance designation preferred.
Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility.
Demonstrated ability to communicate complex analyses and information in understandable written and/or oral directives to other persons in the organization for underwriting or training purposes.
Demonstrated effective communication and interpersonal skills in dealing with internal and external stakeholders.
Must demonstrate comprehension of most complex technical underwriting issues and be capable of defining and implementing necessary underwriting and administrative processes/workflows to properly manage or administer those issues.
Proven track record of developing and underwriting profitable business.
About Us Liberty Mutual is a purpose‑driven organization committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.
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 and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
Benefits We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well‑being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
Equal Opportunity 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 Notice California; Los Angeles Incorporated; Los Angeles Unincorporated; Philadelphia; San Francisco
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Responsibilities
Risk Selection: Review, rate, underwrite, evaluate, or assess the business applying for insurance 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: Demonstrate a high level of responsiveness and focus on supporting Agents and Brokers objectives. Establish, develop, and maintain successful relationships with Agents and Brokers to facilitate marketing of products, through responsive service, site visits, in person renewal meetings or enhanced knowledge of their customers businesses. Develop a strong personal brand to build and maintain a long-term quality pipeline with Agents/Brokers.
Portfolio Management: Manage a sizable and complex book of technology business by analyzing the portfolio, identifying areas of opportunity for improved growth, profit and diversification, and executing marketing plans to increase market share by making marketing calls to brokers to market and cross market.
Documenting the Deal: Document files in a way that reflects a solid thought process and decision making through comprehensive account reviews, sign-offs and referrals that comply with state regulations, letter of authority, and underwriting guidelines.
Leadership: Formally guide, mentor, and coach underwriters and account analysts in both technical and professional skills. Demonstrate an area of expertise and provide regular updates to other underwriters.
Continuous Improvement: Actively participate in continuous improvement by generating suggestions, participating in problem solving activities and using continuous improvement tools to support the work of the team.
Qualifications
Degree in Business or equivalent typically required.
A minimum of 7 years expected, typically 10 years or more, of progressive underwriting experience and/or other related business experience.
CPCU or professional insurance designation preferred.
Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility.
Demonstrated ability to communicate complex analyses and information in understandable written and/or oral directives to other persons in the organization for underwriting or training purposes.
Demonstrated effective communication and interpersonal skills in dealing with internal and external stakeholders.
Must demonstrate comprehension of most complex technical underwriting issues and be capable of defining and implementing necessary underwriting and administrative processes/workflows to properly manage or administer those issues.
Proven track record of developing and underwriting profitable business.
About Us Liberty Mutual is a purpose‑driven organization committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.
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 and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
Benefits We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well‑being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
Equal Opportunity 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 Notice California; Los Angeles Incorporated; Los Angeles Unincorporated; Philadelphia; San Francisco
#J-18808-Ljbffr