Liberty Mutual Insurance
Senior Underwriter, Healthcare Risk Management
Liberty Mutual Insurance, Denver, Colorado, United States, 80285
Senior Underwriter, Healthcare Risk Management
Join to apply for the
Senior Underwriter, Healthcare Risk Management
role at
Liberty Mutual Insurance .
Pay Range $68,000.00/yr - $247,000.00/yr
Job Description The Healthcare Risk Management team is a unit within Major Accounts that focuses on mid‑size 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.
Depending upon experience, our business is considering this role for a Senior or Executive Underwriter based on qualifications.
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/mentor less experienced underwriters in their respective area of expertise.
Risk Selection: evaluate opportunities by qualifying accounts; identifying, selecting, and assessing risks; determining the premium, policy terms and conditions; obtaining approvals; creating/presenting the proposal to the agent/broker and successfully 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 objectives through successful negotiations. Develop and maintain the relationship through responsive service, site visits, in‑person renewal meetings, or enhanced knowledge of their customers’ businesses.
Portfolio Management: manage a sizable and complex book of business by analyzing the portfolio, identifying areas of opportunity for improved growth, profit and diversification, and executing marketing plans to increase market share with preferred brokers. Use pricing models as tools and guidance while tailoring price to risk, quality, and coverage terms to ensure portfolio profitability.
Service Value Proposition: understand and articulate the specialized services Liberty Mutual can offer our healthcare insureds and how they compare to those provided by our competitors.
Documenting the Deal: document files in a way that reflects a solid thought process and decision‑making through comprehensive account reviews, sign‑offs and referrals.
Leadership: formally guide, mentor, and coach underwriters in both technical and professional skills. Demonstrate an area of expertise and provide regular updates to other underwriters.
Continuous Improvement: actively participate in continuous improvement by fully engaging in daily huddles, generating suggestions, following appropriate procedures and work principles, participating in problem‑solving activities, and using continuous improvement tools to support the work of the team.
Qualifications
Intermediate‑level knowledge of insurance products/coverage, market segments, 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, establish and build healthy working relationships, lead mentoring relationships, and negotiate.
Bachelor’s degree; 3 to 7 years of commercial lines underwriting experience preferred; CPCU or professional insurance designation preferred.
About Us 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 that may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
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.
Pay Philosophy 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. We actively seek employee feedback and amplify the voices of our ERGs to ensure we 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 benefits that support your life and well‑being.
Equal Opportunity Employer 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.
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Senior Underwriter, Healthcare Risk Management
role at
Liberty Mutual Insurance .
Pay Range $68,000.00/yr - $247,000.00/yr
Job Description The Healthcare Risk Management team is a unit within Major Accounts that focuses on mid‑size 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.
Depending upon experience, our business is considering this role for a Senior or Executive Underwriter based on qualifications.
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/mentor less experienced underwriters in their respective area of expertise.
Risk Selection: evaluate opportunities by qualifying accounts; identifying, selecting, and assessing risks; determining the premium, policy terms and conditions; obtaining approvals; creating/presenting the proposal to the agent/broker and successfully 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 objectives through successful negotiations. Develop and maintain the relationship through responsive service, site visits, in‑person renewal meetings, or enhanced knowledge of their customers’ businesses.
Portfolio Management: manage a sizable and complex book of business by analyzing the portfolio, identifying areas of opportunity for improved growth, profit and diversification, and executing marketing plans to increase market share with preferred brokers. Use pricing models as tools and guidance while tailoring price to risk, quality, and coverage terms to ensure portfolio profitability.
Service Value Proposition: understand and articulate the specialized services Liberty Mutual can offer our healthcare insureds and how they compare to those provided by our competitors.
Documenting the Deal: document files in a way that reflects a solid thought process and decision‑making through comprehensive account reviews, sign‑offs and referrals.
Leadership: formally guide, mentor, and coach underwriters in both technical and professional skills. Demonstrate an area of expertise and provide regular updates to other underwriters.
Continuous Improvement: actively participate in continuous improvement by fully engaging in daily huddles, generating suggestions, following appropriate procedures and work principles, participating in problem‑solving activities, and using continuous improvement tools to support the work of the team.
Qualifications
Intermediate‑level knowledge of insurance products/coverage, market segments, 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, establish and build healthy working relationships, lead mentoring relationships, and negotiate.
Bachelor’s degree; 3 to 7 years of commercial lines underwriting experience preferred; CPCU or professional insurance designation preferred.
About Us 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 that may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
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.
Pay Philosophy 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. We actively seek employee feedback and amplify the voices of our ERGs to ensure we 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 benefits that support your life and well‑being.
Equal Opportunity Employer 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.
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