Liberty Mutual Insurance
Overview
Underwriter role at Liberty Mutual Insurance. The position is a hybrid opportunity in Chicago within the Financial Lines Underwriting Team on our Commercial D&O book, focusing on growing our retail brokerage book of business. Base pay range
$64,000.00/yr - $152,000.00/yr Job Summary
This production underwriting role contributes to the growth and profitability of Liberty Mutual's Private, Not-For-Profit, and Public Directors & Officers, Employment Practices, and Fiduciary Liability product lines through marketing, underwriting, and general product management. Some risks may require special handling or unusual coverages, including manuscript policy development. The position demonstrates technical knowledge of underwriting concepts, practices, procedures, and techniques, including coverage issues, multiple product lines, marketing, relevant systems, and market competition. Territory includes all traditional Midwest states. Job Responsibilities
Underwrites targeted new and renewal business by reviewing and analyzing applications, financials, loss history, and other pertinent information as directed by the manager. Reviews and negotiates policy terms and conditions. Establishes and maintains strong professional relationships with the regional retail brokerage community to grow the Financial Lines book, drive new business, and maintain profitable renewals. Makes independent marketing calls to brokers and prospective insureds. Contributes to marketing plans, product analysis, services, geographic focus, and broker intelligence. Coordinates with other product line underwriters to provide comprehensive all-lines solutions where possible. Performs related duties as requested, including report preparation, presentations, and special projects to support the product line unit. Qualifications
BA/BS degree or equivalent experience (insurance experience preferred). 1-5 years of underwriting or relevant experience required. Knowledge of Personal Lines products and contract knowledge preferred. Proficient in underwriting with thorough knowledge of regulatory and policy differences among states of business. Strong negotiation skills preferred. Actively working toward professional designation(s) preferred. Proficient PC skills and ability to work with multi-faceted systems. Ability to effectively and independently manage workload with good judgment. Strong verbal and written communication skills. Must have strong relationship-building skills with agents and other departments; demonstrate teamwork. 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 competitive market value and provides opportunity for progression as employees grow in the role. Some roles may include commissions and/or bonuses based on the compensation plan. Liberty Mutual is committed to fostering an inclusive environment where employees from all backgrounds can build long and meaningful careers. We value progress when people feel secure, and we provide protection for the unexpected with care. We actively seek employee feedback and support seven Employee Resource Groups open to all, to ensure all voices are heard and to meet evolving customer needs. We offer benefits that support your life and well-being. Learn more about our benefits at: https://LMI.co/Benefits Equal Opportunity:
Liberty Mutual is an equal opportunity employer. We do 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 other basis prohibited by law. Fair Chance Notices
California Los Angeles Incorporated Los Angeles Unincorporated Philadelphia San Francisco
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Underwriter role at Liberty Mutual Insurance. The position is a hybrid opportunity in Chicago within the Financial Lines Underwriting Team on our Commercial D&O book, focusing on growing our retail brokerage book of business. Base pay range
$64,000.00/yr - $152,000.00/yr Job Summary
This production underwriting role contributes to the growth and profitability of Liberty Mutual's Private, Not-For-Profit, and Public Directors & Officers, Employment Practices, and Fiduciary Liability product lines through marketing, underwriting, and general product management. Some risks may require special handling or unusual coverages, including manuscript policy development. The position demonstrates technical knowledge of underwriting concepts, practices, procedures, and techniques, including coverage issues, multiple product lines, marketing, relevant systems, and market competition. Territory includes all traditional Midwest states. Job Responsibilities
Underwrites targeted new and renewal business by reviewing and analyzing applications, financials, loss history, and other pertinent information as directed by the manager. Reviews and negotiates policy terms and conditions. Establishes and maintains strong professional relationships with the regional retail brokerage community to grow the Financial Lines book, drive new business, and maintain profitable renewals. Makes independent marketing calls to brokers and prospective insureds. Contributes to marketing plans, product analysis, services, geographic focus, and broker intelligence. Coordinates with other product line underwriters to provide comprehensive all-lines solutions where possible. Performs related duties as requested, including report preparation, presentations, and special projects to support the product line unit. Qualifications
BA/BS degree or equivalent experience (insurance experience preferred). 1-5 years of underwriting or relevant experience required. Knowledge of Personal Lines products and contract knowledge preferred. Proficient in underwriting with thorough knowledge of regulatory and policy differences among states of business. Strong negotiation skills preferred. Actively working toward professional designation(s) preferred. Proficient PC skills and ability to work with multi-faceted systems. Ability to effectively and independently manage workload with good judgment. Strong verbal and written communication skills. Must have strong relationship-building skills with agents and other departments; demonstrate teamwork. 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 competitive market value and provides opportunity for progression as employees grow in the role. Some roles may include commissions and/or bonuses based on the compensation plan. Liberty Mutual is committed to fostering an inclusive environment where employees from all backgrounds can build long and meaningful careers. We value progress when people feel secure, and we provide protection for the unexpected with care. We actively seek employee feedback and support seven Employee Resource Groups open to all, to ensure all voices are heard and to meet evolving customer needs. We offer benefits that support your life and well-being. Learn more about our benefits at: https://LMI.co/Benefits Equal Opportunity:
Liberty Mutual is an equal opportunity employer. We do 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 other basis prohibited by law. Fair Chance Notices
California Los Angeles Incorporated Los Angeles Unincorporated Philadelphia San Francisco
#J-18808-Ljbffr