Liberty Mutual Insurance
Senior Underwriter, Large Property
Liberty Mutual Insurance, Birmingham, Alabama, United States, 35275
Senior Underwriter, Large Property
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Liberty Mutual Insurance
Liberty Mutual Insurance provided pay range This range is provided by Liberty Mutual Insurance. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range $68,000.00/yr - $194,000.00/yr
Description Major Accounts Property is responsible for managing monoline property accounts with a minimum Total Insured Value (TIV) of $300 million, with the average in‑force account exceeding $1 billion. This role oversees an assigned portfolio of the largest and most complex single‑carrier commercial property accounts. The underwriter analyzes customers’ property exposures, hazards, financial information, requested coverages, loss history, pricing targets, and desired program structures to select appropriate business and determine terms and conditions. They work closely with Risk Engineering to produce and manage a profitable book of business while maintaining strong producer and customer relationships. The position requires maintaining the highest level of expertise in the large property space, with average account annual premiums of more than $1.2 million, and involves sharing underwriting knowledge with colleagues and stakeholders across all levels.
Responsibilities
Manages portfolio of brokers/agents and clients.
Leverages market presence and knowledge to develop and underwrite profitable business, acting as a representative for Liberty.
Maintains a strong market presence, including established relationships with agents and brokers.
Looks to strengthen these relationships and develop new ones. Contributes ideas for product development and participates in development and execution. Contributes to team projects (e.g., process/tool improvement).
Understands the work implications of relevant legislation and regulation. Collaborates effectively across teams, stakeholders, and partners (e.g., UW Support, Claims, Actuarial, Directors of Underwriting in GRS North America). Mentors junior underwriters and new hires (not as a line manager).
May analyze department’s portfolio and make suggestions for development.
May recognize and communicate emerging trends of exposures within line of business expertise.
Qualifications
Degree in Business or equivalent typically required.
A minimum of 2.5 years, typically 3 or more years, of progressive underwriting experience and/or other related experience.
CPCU or professional insurance designation preferred.
Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility that includes competence with all phases and aspects of the underwriting process, and proficiency in the use of qualitative and quantitative tools and techniques.
Must demonstrate comprehension of 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.
Equal Employment Opportunity Statement 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
Seniority level
Not Applicable
Employment type
Full-time
Job function
Finance
Industries
Insurance
#J-18808-Ljbffr
at
Liberty Mutual Insurance
Liberty Mutual Insurance provided pay range This range is provided by Liberty Mutual Insurance. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range $68,000.00/yr - $194,000.00/yr
Description Major Accounts Property is responsible for managing monoline property accounts with a minimum Total Insured Value (TIV) of $300 million, with the average in‑force account exceeding $1 billion. This role oversees an assigned portfolio of the largest and most complex single‑carrier commercial property accounts. The underwriter analyzes customers’ property exposures, hazards, financial information, requested coverages, loss history, pricing targets, and desired program structures to select appropriate business and determine terms and conditions. They work closely with Risk Engineering to produce and manage a profitable book of business while maintaining strong producer and customer relationships. The position requires maintaining the highest level of expertise in the large property space, with average account annual premiums of more than $1.2 million, and involves sharing underwriting knowledge with colleagues and stakeholders across all levels.
Responsibilities
Manages portfolio of brokers/agents and clients.
Leverages market presence and knowledge to develop and underwrite profitable business, acting as a representative for Liberty.
Maintains a strong market presence, including established relationships with agents and brokers.
Looks to strengthen these relationships and develop new ones. Contributes ideas for product development and participates in development and execution. Contributes to team projects (e.g., process/tool improvement).
Understands the work implications of relevant legislation and regulation. Collaborates effectively across teams, stakeholders, and partners (e.g., UW Support, Claims, Actuarial, Directors of Underwriting in GRS North America). Mentors junior underwriters and new hires (not as a line manager).
May analyze department’s portfolio and make suggestions for development.
May recognize and communicate emerging trends of exposures within line of business expertise.
Qualifications
Degree in Business or equivalent typically required.
A minimum of 2.5 years, typically 3 or more years, of progressive underwriting experience and/or other related experience.
CPCU or professional insurance designation preferred.
Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility that includes competence with all phases and aspects of the underwriting process, and proficiency in the use of qualitative and quantitative tools and techniques.
Must demonstrate comprehension of 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.
Equal Employment Opportunity Statement 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
Seniority level
Not Applicable
Employment type
Full-time
Job function
Finance
Industries
Insurance
#J-18808-Ljbffr