Liberty Mutual Insurance
Senior Underwriter, Large Property
Liberty Mutual Insurance, Glen Allen, Virginia, United States, 23060
Join to apply for the
Senior Underwriter, Large Property
role at
Liberty Mutual Insurance .
Pay Range Base pay: $68,000.00/yr – $194,000.00/yr.
Salary will depend on your skills, experience, and location. Discuss with recruiter for details.
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
Manage portfolio of brokers/agents and clients.
Leverage market presence and knowledge to develop and underwrite profitable business, acting as a representative for Liberty.
Maintain a strong market presence, including established relationships with agents and brokers.
Strengthen these relationships and develop new ones; contribute ideas for product development and participate in development and execution.
Contribute to team projects such as process or tool improvement.
Understand the work implications of relevant legislation and regulation.
Collaborate effectively across teams, stakeholders, and partners (e.g., UW Support, Claims, Actuarial, Directors of Underwriting in GRS North America).
Mentor junior underwriters and new hires (not as a line manager).
Analyze department portfolio and make suggestions for development.
Recognize and communicate emerging trends of exposures within line of business expertise.
Qualifications
Degree in Business or equivalent typically required.
Minimum of 2.5 years, preferably more, of progressive underwriting experience and/or related experience.
CPCU or professional insurance designation preferred.
Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility, including competence with all phases and aspects of the underwriting process, and proficiency in the use of qualitative and quantitative tools and techniques.
Comprehension of complex technical underwriting issues and ability to define and implement necessary underwriting and administrative processes/workflows to properly manage or administer those issues.
Track record of developing and underwriting profitable business.
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 for progression as employees grow and develop within the role. Some roles at Liberty Mutual may have a corresponding compensation plan that includes commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
About Us 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. 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 .
Equal Employment 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 Notices
California
Los Angeles Incorporated
Los Angeles Unincorporated
Philadelphia
San Francisco
Seniority Level Not Applicable
Employment Type Full‑time
Job Function Finance
Industry Insurance
#J-18808-Ljbffr
Senior Underwriter, Large Property
role at
Liberty Mutual Insurance .
Pay Range Base pay: $68,000.00/yr – $194,000.00/yr.
Salary will depend on your skills, experience, and location. Discuss with recruiter for details.
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
Manage portfolio of brokers/agents and clients.
Leverage market presence and knowledge to develop and underwrite profitable business, acting as a representative for Liberty.
Maintain a strong market presence, including established relationships with agents and brokers.
Strengthen these relationships and develop new ones; contribute ideas for product development and participate in development and execution.
Contribute to team projects such as process or tool improvement.
Understand the work implications of relevant legislation and regulation.
Collaborate effectively across teams, stakeholders, and partners (e.g., UW Support, Claims, Actuarial, Directors of Underwriting in GRS North America).
Mentor junior underwriters and new hires (not as a line manager).
Analyze department portfolio and make suggestions for development.
Recognize and communicate emerging trends of exposures within line of business expertise.
Qualifications
Degree in Business or equivalent typically required.
Minimum of 2.5 years, preferably more, of progressive underwriting experience and/or related experience.
CPCU or professional insurance designation preferred.
Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility, including competence with all phases and aspects of the underwriting process, and proficiency in the use of qualitative and quantitative tools and techniques.
Comprehension of complex technical underwriting issues and ability to define and implement necessary underwriting and administrative processes/workflows to properly manage or administer those issues.
Track record of developing and underwriting profitable business.
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 for progression as employees grow and develop within the role. Some roles at Liberty Mutual may have a corresponding compensation plan that includes commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
About Us 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. 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 .
Equal Employment 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 Notices
California
Los Angeles Incorporated
Los Angeles Unincorporated
Philadelphia
San Francisco
Seniority Level Not Applicable
Employment Type Full‑time
Job Function Finance
Industry Insurance
#J-18808-Ljbffr