Job details
Salary $100,000 - $173,000 a year
Full job description
A little about us
At liberty mutual, our purpose is to help people embrace today and confidently pursue tomorrowThat`s why we provide an environment focused on openness, inclusion, trust and respectHere, 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 yearsWe were also 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 diversityTo 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-beingTo learn more about our benefit offerings please visit: https://lmi.co/benefits
Liberty mutual is an equal opportunity employerWe 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.
Our home office construction team is seeking an experienced underwriter to join our high-performing team working with large accounts and complex wrap-ups and joint venture projectsDepending on the experience this is a range posting for grade 16 to 18Develops, grows, and maintains a profitable book of business through effective underwriting decision making, mutually beneficial customer/broker relationships, and application of underwriting tools, systems, and expert resourcesGuides/mentors less experienced underwriters in their respective area of expertise, including regular employee coaching with feedback to the manager on progress of the employeeParticipates in regular projects that further the goals of the department and the company.
Job responsibilities:
Risk selection: evaluates or assesses the business applying for insurance 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: demonstrates a high level of responsiveness and focus on supporting customers and brokers objectives through successful negotiationsDevelops and maintains the relationship through responsive service, site visits, in person renewal meetings or enhanced knowledge of their customers businesses.
Portfolio management: manages 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 and further secure relationship with this long time customer.
Documenting the deal: documents files in a way that reflects a solid thought process and decision making through comprehensive account reviews, sign-offs and referrals.
Leadership: formally guides, mentors, and coaches underwriters in both technical and professional skillsDemonstrates multiple areas of expertise and provides regular updates to other underwriters
Continuous improvement: actively participates in continuous improvement by fully engaging in 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.
Expert-level knowledge of insurance products/coverage, market segments and marketplace; insurance finance and actuarial concepts; loss control/risk engineering; marketing/selling techniques, regulatory environment and reinsurance; advanced-level knowledge of underwriting, pricing, risk selection, territory managementAbility to apply underwriting/appetite, tools, systems, and resources to achieve goals, solve complex problems, establish and build healthy working relationships exceeds in mentoring relationships, and negotiate as normally acquired and a related bachelor degree, ten+ years of commercial lines underwriting experience preferred; cpcu or professional insurance designation preferred.
Bachelor`s degree
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