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.
Description
Great underwriters know how to balance data analytics with human intuition. If you like both quantitative and qualitative reasoning, enjoy the challenge and autonomy of managing your own accounts at a company that offers competitive compensation and benefits, then consider joining the underwriting department at Liberty Mutual. As an Underwriter in casualty insurance, you’ll assesess risks and makes recommendations for underwriting decisions with support and guidance from leadership as needed, while developing underwriting skills and building critical internal and external relationships.
Our Underwriter, Major Accounts Risk Management is responsible for developing, growing, and maintaining a profitable, diversified book of loss sensitive primary casualty business focused on Workers Compensation, General Liability and Commercial Auto through marketing, underwriting decision making, building mutually beneficial agent/broker relationships, and application of underwriting tools, systems, and expert resources.
Responsibilities
- Focuses on building relationships with key external parties (brokers, agents).
- Manages portfolio of brokers/agents in parts of GRS where complexity and line size differ little between policies.
- Develops underwriting skills and builds relationships with internal stakeholders and partners (e.g., UW Support, Claims, Actuarial, Directors of Underwriting in GRS North America, etc.), using understanding of how these teams work together to inform underwriting decisions.
- Continues building underwriting expertise using both internal and external resources. Executes - and may contribute to - marketing plans.
- Contributes to team projects (e.g., process / tool improvement). May contribute to the analysis of team`s portfolio.
- May manage the quality of data within relevant systems for the book of business that the team is responsible for underwriting.
- May provide on-the-job support for new hires
Qualifications
Degree in Business or equivalent typically required. At least 1 year, typically 1.5 or more years, of underwriting experience and/or other related business experience. Actively pursuing professional insurance designations. Ability to successfully develop and maintain effective internal and external relationships. Demonstrated analytical ability to evaluate and judge underwriting risks within defined authority. Effective communication and interpersonal skills required with ability to successfully develop and maintain productive producer/customer relationships. When applicable, successful completion of certifications.
About Us
**This position may have in-office requirements depending on candidate location.**
At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.
Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work® US for the past several years. We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates as well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-inclusion
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
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
- San Francisco
- Los Angeles
- Philadelphia
