Liberty Mutual Insurance
Senior Underwriter, Healthcare Risk Management
Liberty Mutual Insurance, Houston, Texas, United States, 77246
Senior Underwriter, Healthcare Risk Management
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Base pay range $68,000.00/yr - $247,000.00/yr
Description The Healthcare Risk Management team is a unit within Major Accounts that focuses on mid‑sized and large healthcare providers. As part of this specialized unit, you will primarily write Workers' Compensation and Auto for all program structures, primarily loss‑sensitive. You will collaborate closely with partners in Loss Control, Industry Consulting, and Claims to build expertise in the healthcare industry and profitably grow the vertical.
Manages portfolio of brokers/agents & clients. Leverages market presence and expertise to develop and underwrite profitable business, acting as a representative for Liberty. Has relationships with senior/market‑leading brokers and/or key agents. Maintains a strong market presence, including established relationships with agents and brokers, and develops new ones.
Depending on experience, this role may be for a Senior or Executive Underwriter.
Job Responsibilities
Develop, grow, and maintain a profitable, diversified book of business through effective underwriting decision making, mutually beneficial agent/broker relationships, and application of underwriting tools, systems, and expert resources. Guide and mentor less experienced underwriters.
Risk selection: evaluate opportunities by qualifying accounts, selecting and assessing risks, determining the premium, policy terms, and conditions, obtaining approvals, creating proposals, and negotiating deals.
Agent/Broker relationships: responsible for production underwriting by marketing to a geographic territory, targeting healthcare accounts with revenues greater than $10M.
Demonstrate a high level of responsiveness and focus on supporting agents and brokers, negotiating, and maintaining relationships via site visits and renewal meetings.
Portfolio management: manage a sizable book by analyzing portfolio, identifying growth opportunities, and executing marketing plans to increase market share with preferred brokers. Use pricing models to ensure profitability.
Service value proposition: understand and articulate the specialized services Liberty Mutual can offer to our healthcare insureds and compare to competitors.
Documenting the deal: produce files that reflect a solid thought process and decision‑making via account reviews, sign‑offs, and referrals.
Leadership: guide, mentor, and coach underwriters in technical and professional skills, providing regular updates to peers.
Continuous improvement: actively participate in daily huddles, generate suggestions, follow procedures, solve problems, and use improvement tools.
Qualifications
Intermediate‑level knowledge of insurance products, coverage, market segments, and marketplace; insurance finance and actuarial concepts; loss control/risk engineering; marketing/selling techniques, and regulatory environment.
Advanced‑level knowledge of underwriting, pricing, risk selection, and territory management.
Ability to apply underwriting appetite, tools, systems, and resources to achieve goals, solve complex problems, build relationships, lead mentoring, and negotiate.
Bachelor’s degree; 3 to 7 years of commercial lines underwriting experience preferred; CPCU or professional insurance designation preferred.
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 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.
Fair Chance Notices
California
Los Angeles Incorporated
Los Angeles Unincorporated
Philadelphia
San Francisco
About Us 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 any basis prohibited by federal, state or local law.
We are committed to fostering an inclusive environment and supporting continuous learning opportunities. Benefit information is available for employees.
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Get AI-powered advice on this job and more exclusive features.
Base pay range $68,000.00/yr - $247,000.00/yr
Description The Healthcare Risk Management team is a unit within Major Accounts that focuses on mid‑sized and large healthcare providers. As part of this specialized unit, you will primarily write Workers' Compensation and Auto for all program structures, primarily loss‑sensitive. You will collaborate closely with partners in Loss Control, Industry Consulting, and Claims to build expertise in the healthcare industry and profitably grow the vertical.
Manages portfolio of brokers/agents & clients. Leverages market presence and expertise to develop and underwrite profitable business, acting as a representative for Liberty. Has relationships with senior/market‑leading brokers and/or key agents. Maintains a strong market presence, including established relationships with agents and brokers, and develops new ones.
Depending on experience, this role may be for a Senior or Executive Underwriter.
Job Responsibilities
Develop, grow, and maintain a profitable, diversified book of business through effective underwriting decision making, mutually beneficial agent/broker relationships, and application of underwriting tools, systems, and expert resources. Guide and mentor less experienced underwriters.
Risk selection: evaluate opportunities by qualifying accounts, selecting and assessing risks, determining the premium, policy terms, and conditions, obtaining approvals, creating proposals, and negotiating deals.
Agent/Broker relationships: responsible for production underwriting by marketing to a geographic territory, targeting healthcare accounts with revenues greater than $10M.
Demonstrate a high level of responsiveness and focus on supporting agents and brokers, negotiating, and maintaining relationships via site visits and renewal meetings.
Portfolio management: manage a sizable book by analyzing portfolio, identifying growth opportunities, and executing marketing plans to increase market share with preferred brokers. Use pricing models to ensure profitability.
Service value proposition: understand and articulate the specialized services Liberty Mutual can offer to our healthcare insureds and compare to competitors.
Documenting the deal: produce files that reflect a solid thought process and decision‑making via account reviews, sign‑offs, and referrals.
Leadership: guide, mentor, and coach underwriters in technical and professional skills, providing regular updates to peers.
Continuous improvement: actively participate in daily huddles, generate suggestions, follow procedures, solve problems, and use improvement tools.
Qualifications
Intermediate‑level knowledge of insurance products, coverage, market segments, and marketplace; insurance finance and actuarial concepts; loss control/risk engineering; marketing/selling techniques, and regulatory environment.
Advanced‑level knowledge of underwriting, pricing, risk selection, and territory management.
Ability to apply underwriting appetite, tools, systems, and resources to achieve goals, solve complex problems, build relationships, lead mentoring, and negotiate.
Bachelor’s degree; 3 to 7 years of commercial lines underwriting experience preferred; CPCU or professional insurance designation preferred.
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 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.
Fair Chance Notices
California
Los Angeles Incorporated
Los Angeles Unincorporated
Philadelphia
San Francisco
About Us 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 any basis prohibited by federal, state or local law.
We are committed to fostering an inclusive environment and supporting continuous learning opportunities. Benefit information is available for employees.
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