Liberty Mutual Insurance
Executive Underwriter, Middle Market Life Sciences
Liberty Mutual Insurance, San Francisco, California, United States, 94199
Executive Underwriter, Middle Market Life Sciences
Interested in learning more about this job Scroll down and find out what skills, experience and educational qualifications are needed. We are excited to announce that we are building our dedicated Life Sciences Underwriting team to launch Liberty Mutual’s specialized Life Sciences Industry Practice within the Middle Market. As part of a team led by Tory Agnich, Chief Underwriting Officer, Middle Market Life Sciences, the vertical focuses on integrated multi‑line Property and Liability solutions for mid‑size biotechnology, pharmaceutical, medical device, and related companies.
Responsibilities
New Business underwriting for profitable growth. Reviews, evaluates, and underwrites submissions; selects and assesses risks aligned with underwriting strategies and guidelines; rates and determines the premium and policy terms and conditions; utilizes broad range of supportive tools; obtains underwriting approval (as needed); creates/presents the proposal to the agent/broker; and successfully negotiates deals.
Services accounts after successfully winning the business in coordination with Liberty Account Analyst and Client Service Managers. Meets with insureds and ensures Liberty’s value‑proposition is upheld.
Manages portfolio of brokers/agents & clients. Demonstrates a high level of responsiveness and focuses on supporting agent and broker objectives. Establishes, develops, and maintains successful relationships with agents and brokers to facilitate marketing of products, with responsive service, site visits, in‑person renewal meetings and enhanced knowledge of what matters most to each Life Sciences deal. Develops strong personal brand to build and maintain a long‑term quality pipeline with agents and brokers.
Actively identifies, manages, and solicits pipeline of opportunities for individual success.
Articulates key coverage differences with a high degree of detail in this specialized, niche space.
Has strong knowledge of key legal cases, legislation and regulation impacting area(s) of underwriting expertise and the Life Sciences industry.
Shares knowledge based on technical expertise, including providing external thought‑leadership.
Mentors, coaches, and trains other underwriters and internal and external partners.
Provides significant input into the business and marketing planning process, including advanced data‑driven insights from portfolio analysis.
Participates in projects and initiatives to help grow Liberty’s Life Sciences Industry Practice, designed to drive underwriting and process excellence (e.g., member of a working team).
Models effective collaboration across teams, stakeholders and partners (e.g., Distribution, Operations, UW Support, Claims, Actuarial, Directors of Underwriting in North America).
Qualifications
Degree in Business, Risk Management, or Scientific Field 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.
A minimum of 5 years of Life Sciences underwriting experience.
CPCU or professional insurance designation preferred.
Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility. Advanced level of knowledge of insurance products and coverages, underwriting, pricing, risk selection & assessment, and market dynamics specific to the Life Sciences space.
Proven track record of developing and underwriting profitable Life Sciences business.
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.
About Us 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 for this role 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. As a purpose‑driven organization, Liberty Mutual is 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. At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow. We are dedicated to fostering an inclusive environment where employees from all backgrounds can build long and meaningful careers. By actively seeking employee feedback and amplifying the voices of our seven Employee Resource Groups (ERGs), which are open to all, we create an environment where every individual can make a meaningful impact so we continue to meet the evolving needs of our customers. 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 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
Interested in learning more about this job Scroll down and find out what skills, experience and educational qualifications are needed. We are excited to announce that we are building our dedicated Life Sciences Underwriting team to launch Liberty Mutual’s specialized Life Sciences Industry Practice within the Middle Market. As part of a team led by Tory Agnich, Chief Underwriting Officer, Middle Market Life Sciences, the vertical focuses on integrated multi‑line Property and Liability solutions for mid‑size biotechnology, pharmaceutical, medical device, and related companies.
Responsibilities
New Business underwriting for profitable growth. Reviews, evaluates, and underwrites submissions; selects and assesses risks aligned with underwriting strategies and guidelines; rates and determines the premium and policy terms and conditions; utilizes broad range of supportive tools; obtains underwriting approval (as needed); creates/presents the proposal to the agent/broker; and successfully negotiates deals.
Services accounts after successfully winning the business in coordination with Liberty Account Analyst and Client Service Managers. Meets with insureds and ensures Liberty’s value‑proposition is upheld.
Manages portfolio of brokers/agents & clients. Demonstrates a high level of responsiveness and focuses on supporting agent and broker objectives. Establishes, develops, and maintains successful relationships with agents and brokers to facilitate marketing of products, with responsive service, site visits, in‑person renewal meetings and enhanced knowledge of what matters most to each Life Sciences deal. Develops strong personal brand to build and maintain a long‑term quality pipeline with agents and brokers.
Actively identifies, manages, and solicits pipeline of opportunities for individual success.
Articulates key coverage differences with a high degree of detail in this specialized, niche space.
Has strong knowledge of key legal cases, legislation and regulation impacting area(s) of underwriting expertise and the Life Sciences industry.
Shares knowledge based on technical expertise, including providing external thought‑leadership.
Mentors, coaches, and trains other underwriters and internal and external partners.
Provides significant input into the business and marketing planning process, including advanced data‑driven insights from portfolio analysis.
Participates in projects and initiatives to help grow Liberty’s Life Sciences Industry Practice, designed to drive underwriting and process excellence (e.g., member of a working team).
Models effective collaboration across teams, stakeholders and partners (e.g., Distribution, Operations, UW Support, Claims, Actuarial, Directors of Underwriting in North America).
Qualifications
Degree in Business, Risk Management, or Scientific Field 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.
A minimum of 5 years of Life Sciences underwriting experience.
CPCU or professional insurance designation preferred.
Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility. Advanced level of knowledge of insurance products and coverages, underwriting, pricing, risk selection & assessment, and market dynamics specific to the Life Sciences space.
Proven track record of developing and underwriting profitable Life Sciences business.
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.
About Us 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 for this role 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. As a purpose‑driven organization, Liberty Mutual is 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. At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow. We are dedicated to fostering an inclusive environment where employees from all backgrounds can build long and meaningful careers. By actively seeking employee feedback and amplifying the voices of our seven Employee Resource Groups (ERGs), which are open to all, we create an environment where every individual can make a meaningful impact so we continue to meet the evolving needs of our customers. 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 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