Senior Underwriting Manager, Middle Market Life Sciences
Liberty Mutual Insurance, WorkFromHome
Senior Underwriting Manager, Middle Market Life Sciences
Join to apply for the Senior Underwriting Manager, Middle Market Life Sciences role at Liberty Mutual Insurance
Senior Underwriting Manager, Middle Market Life Sciences
16 hours ago Be among the first 25 applicants
Join to apply for the Senior Underwriting Manager, Middle Market Life Sciences role 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
$96,000.00/yr - $350,000.00/yr
Description
We are excited to announce that we are building our dedicated Life Sciences Underwriting team to launch Liberty Mutual's specialized Life Sciences Industry Practice within the Middle Market. Under the leadership of Tory Agnich, Chief Underwriting Officer, Middle Market Life Sciences, our vertical is committed to delivering comprehensive, integrated multi-line Property and Liability insurance solutions tailored to mid-sized companies (R&D stage through $2B insured product/service revenue) spanning biotechnology, pharmaceuticals, medical devices, dietary supplements, analytical laboratories, digital health innovators, cellular and tissue-based products, and the broader ecosystem that supports these companies. This is a unique opportunity for professionals with a genuine passion for the Life Sciences sector to join an innovative, forward-thinking practice, supported by the full breadth of Liberty Mutual's product and service capabilities. Our new underwriting team will collaborate closely with Liberty's seasoned Life Sciences Claims and Risk Control professionals to provide unparalleled expertise and service to the Life Sciences community. If you’re eager to make a meaningful impact in this dynamic industry and the future of our industry vertical, we invite you to discuss a potential role with us on this exciting journey!
As Liberty Mutual builds our new dedicated Life Sciences Underwriting team focused on the Middle Market, we are seeking a Senior Underwriting Manager to join us on the ground floor at a core level. This role offers a unique blend of hands-on underwriting responsibilities for an experienced underwriter to support the early-stage growth of this specialized practice, with future leadership expectations as needs expand. As a Senior Underwriting Manager in our formative phase, you will be instrumental in our go-to-market launch, external brand development across strategic alliances, and building key broker and client partnership relationships. You will work in collaboration with Liberty's strong distribution and client service network to educate our trading partners on our specialized, integrated, dynamic, and scalable product and service capabilities. As we grow our portfolio, the role will evolve into a leadership position focused on strategic business planning, ownership of underwriting initiatives and results, people management, and regional portfolio performance management. This is an exciting opportunity to influence the growth and success of the Life Sciences practice in a critical foundational role. Based on the geographic spread of opportunity, 25% travel is expected. This role is a hybrid: 2 days/week in office and 3 days/week WFH.
Responsibilities
- Establishes a visible external profile and excellent relationships with external agents and brokers, partners, and stakeholders, leveraging these relationships to grow the Life Sciences Middle Market portfolio.
- Executes Go-To-Market Strategy and Strategic Distribution Plan for brand awareness, education of trading partners, and ensuring full appreciation of Liberty's product and services capabilities for Life Sciences risks.
- Leads pipeline development strategies for Life Sciences Industry Practice.
- Underwrites individual accounts (mostly new business underwriting) including risk selection, risk assessment, pricing, crafting of terms/conditions, quoting/binding, and servicing a book of business. Underwriting competency is expected based on established experience with Life Sciences risks and expectation to operate with commensurate level of underwriting authority.
- Upholds and exemplifies Liberty's value-proposition across the business and the market. Services existing accounts and meets with clients.
- Accountable for the performance of the growing Life Sciences portfolio. Assists CUO with forecasting and planning.
- Leads or supports projects and initiatives to help grow Liberty's Life Sciences Industry Practice, designed to drive underwriting and process excellence.
- Models effective collaboration across teams, stakeholders and partners (e.g., Distribution, Operations, UW Support, Claims, Actuarial, Directors of Underwriting in North America).
- Has strong knowledge of key legal cases, legislation and regulation impacting area(s) of underwriting expertise and the Life Sciences industry.
- Readily shares knowledge based on technical expertise, including providing external thought-leadership.
- Mentors, coaches, and trains other underwriters and internal partners.
Qualifications
- Degree in Business, Risk Management, or Scientific Field or equivalent typically required
- A minimum of 10 years of progressive underwriting experience, including a minimum of 2 years of proven underwriting management experience is preferred
- CPCU or professional insurance designation preferred
- Proven track record of developing and underwriting profitable business
- Proven analytical ability to evaluate high impact underwriting exposures specific to all Property and Liability Lines of Business for Life Sciences risks
- Demonstrated ability to communicate complex analyses and information in understandable written and/or oral directives to other persons in the organization for underwriting or training purposes
- Demonstrated effective communication and interpersonal skills in dealing with internal and external stakeholders required
- Demonstrated comprehension of the most complex technical underwriting issues and be capable of defining and implementing necessary underwriting and administrative processes/workflows to properly manage or administer those issues
- Must possess the following skills, abilities, and attributes:
- Strong leadership skills
- Development of people
- Strategic thinking
- Sustained, effective portfolio management and profitable growth
- Communication skills
- Decision-making skills
- Results-orientation
- Industrious, innovative, problem-solving skills
- Coaching and mentoring skills
- Negotiation skills
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 for this role 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 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.
At Liberty Mutual, 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: 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
Seniority level
Not Applicable
Employment type
Employment type
Full-time
Job function
Job function
FinanceIndustries
Insurance
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