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Executive Underwriter – Middle Markets

Executive Underwriter – Middle Markets

CompanyLiberty Mutual
LocationHorsham, PA, USA, Washington, DC, USA, Lynchburg, VA, USA, Sparks, MD, USA, Richmond, VA, USA, Annapolis, MD, USA, Norfolk, VA, USA, Roanoke, VA, USA, Potomac, MD, USA, Bethesda, MD, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

Requirements

  • Degree in Business or equivalent typically required
  • A minimum of 2.5 years, typically 5 or more years, of progressive underwriting experience and/or other related experience
  • Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility that includes competence with all phases and aspects of the underwriting process, and proficiency in the use of qualitative and quantitative tools and techniques
  • Must demonstrate comprehension of complex technical underwriting issues and be capable of defining and implementing necessary underwriting and administrative processes/workflows to properly manage or administer those issues
  • Proven track record of developing and underwriting profitable business

Responsibilities

  • Reviews, rates, underwrites, 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
  • Demonstrates a high level of responsiveness and focus on supporting Agents’ and Brokers’ objectives
  • Establishes, develops, and maintains successful relationships with Agents and Brokers to facilitate the marketing of products through responsive service, site visits, in-person renewal meetings, or enhanced knowledge of their customers’ businesses
  • Manages a 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 by attending and making marketing calls to brokers to market and cross-market
  • Document files in a way that reflects a solid thought process and decision-making through comprehensive account reviews, sign-offs, and referrals that comply with state regulations, letters of authority, and underwriting guidelines
  • Formally and informally guides, mentors, and coaches underwriters and account analysts in technical and professional skills
  • Actively participates in continuous improvement by leading problem-solving activities and using continuous improvement tools to support the team’s work

Preferred Qualifications

  • CPCU or professional insurance designation preferred