Liberty Mutual Insurance
Senior Underwriter, Small Commercial
Liberty Mutual Insurance, Evansville, Indiana, United States, 47725
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; the 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, 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. Who you’ll be in this role Strategic Account Manager: ensure a profitable book of Property and Casualty insurance by writing new accounts with premiums of $100,000 and below, growing agent/broker relationships, and pursuing renewals. Problem solver: crunch numbers and review data to determine risk selection, premiums, policies and conditions; 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, ensure state-compliant sign-offs and referrals, letters of authority, and follow underwriting guidelines. 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, 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 Bachelor’s degree in a related field Chartered Property Casual Underwriter or other professional insurance designation preferred About Liberty Mutual
Pay Philosophy: The typical starting salary range is determined by factors including skills, experience, education, certifications and location. The full salary range reflects market value and provides opportunities to progress as employees grow within the role. Some roles may include commission and/or bonus earnings per the compensation plan. Liberty Mutual is committed to fostering an inclusive environment where employees from all backgrounds can build long and meaningful careers. We support learning opportunities, competitive benefits and a work culture that values progress and security for today and tomorrow. We are an equal opportunity employer. We will not tolerate discrimination based on race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran status, pregnancy, genetic information or any basis prohibited by law. Fair Chance Notices: California, Los Angeles (Incorporated and Unincorporated), Philadelphia, San Francisco. Job details
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; the 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, 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. Who you’ll be in this role Strategic Account Manager: ensure a profitable book of Property and Casualty insurance by writing new accounts with premiums of $100,000 and below, growing agent/broker relationships, and pursuing renewals. Problem solver: crunch numbers and review data to determine risk selection, premiums, policies and conditions; 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, ensure state-compliant sign-offs and referrals, letters of authority, and follow underwriting guidelines. 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, 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 Bachelor’s degree in a related field Chartered Property Casual Underwriter or other professional insurance designation preferred About Liberty Mutual
Pay Philosophy: The typical starting salary range is determined by factors including skills, experience, education, certifications and location. The full salary range reflects market value and provides opportunities to progress as employees grow within the role. Some roles may include commission and/or bonus earnings per the compensation plan. Liberty Mutual is committed to fostering an inclusive environment where employees from all backgrounds can build long and meaningful careers. We support learning opportunities, competitive benefits and a work culture that values progress and security for today and tomorrow. We are an equal opportunity employer. We will not tolerate discrimination based on race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran status, pregnancy, genetic information or any basis prohibited by law. Fair Chance Notices: California, Los Angeles (Incorporated and Unincorporated), Philadelphia, San Francisco. Job details
Seniority level: Not Applicable Employment type: Full-time Job function: Finance Industries: Insurance
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