Liberty Mutual

Executive Underwriter, Major Accounts Property – Shared and Layered

Liberty Mutual • $90K — $130K *
Chicago, IL 60629In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Degree in Business or equivalent typically required
  • 3-5+ years of progressive underwriting and/or related experience
  • CPCU or professional insurance designation preferred
  • Strong analytical skills for evaluating underwriting risks
  • Comprehension of complex technical underwriting issues
  • Proven success in developing and underwriting profitable business

Responsibilities

  • Establish and maintain broker relationships to market products
  • Conduct independent sales calls for marketing and cross-marketing
  • Review and negotiate policy terms, including manuscript wording
  • Underwrite new and renewal business by analyzing loss history and financials
  • Contribute to marketing plans and broker intelligence
  • Communicate with underwriters and claims analysts for customer service
  • Assist department members in product line and technical development

Benefits

  • Hybrid office role allowing a combination of in-office and remote work
  • Opportunity for career advancement as either Senior or Executive Underwriter
  • Involvement in complex risks requiring specialized handling
  • Access to a collaborative environment with seasoned professionals
  • Engagement in strategic marketing and product development initiatives
Full Job Description
Description

Our Executive Underwriter contributes to the growth and profitability of assigned Shared & Layered Retail Property accounts through marketing, underwriting and managing of products and services of complex risks. Risks may require special handling or unusual coverages. Requires specialized knowledge of underwriting concepts, practices, procedures and techniques to include coverage issues, product lines, marketing, relevant systems, and competition in the marketplace. Demonstrates strong strategic and marketing capabilities.

 

This is a hybrid office role in the posted office location. This role is being offered a Senior or Executive level Underwriter, based on experience. 

 

Responsibilities:

 

  • Establishes and maintains relationships to facilitate marketing of Liberty Mutual Shared & Layered Retail Property products and services to the brokerage community.
  • Makes independent sales calls to market and cross market.
  • Reviews and negotiates policy terms and conditions including manuscript wording.
  • Underwrites targeted new and renewal business by reviewing and analyzing insured's (or prospective insured's) loss history, financials, and other pertinent information.
  • Makes independent marketing calls to brokers and prospective insureds.
  • Contributes to the development of marketing plans, product analysis, services, geographic focus and broker intelligence.
  • Communicates with other product line underwriters and claims analysts in order to provide top level customer service.
  • Assists other members of the department including Underwriters, Associate Underwriters in product line and/or technical knowledge and development.
  • Performs related duties as requested to include, report preparation, presentations, and special projects to assist in ensuring the success of the product line unit.
Qualifications
  • Degree in Business or equivalent typically required
  • A minimum of 3 years, typically 5 or more years, of progressive underwriting experience and/or other related experience
  • CPCU or professional insurance designation preferred
  • 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

About Liberty Mutual

Since 1912, Liberty Mutual Insurance have committed theirselves to providing broad, useful and competitively-priced insurance products and services to meet their customers' ever-changing needs. Their delivery on this commitment is the reason they're now the third largest property and casualty insurer in the U.S. based on 2012 direct premium written according to the National Association of Insurance Commissioners.

Liberty Mutual Careers

Join the vibrant team at Liberty Mutual, a leading global insurance company, where your career is in your hands. At Liberty Mutual, we are committed to fostering an inclusive culture that values diversity and innovation. With a variety of job opportunities across multiple fields, this is where your professional journey can truly flourish.

Work You’ll Do

At Liberty Mutual, you’ll be part of a team that’s dedicated to empowering people to live safer, more secure lives. Whether you’re interested in a position in claims handling, underwriting, or customer service, you’ll find a platform here to enhance your skills and push the boundaries of what you can achieve.

Explore Our Job Opportunities

Liberty Mutual offers a range of career paths for both seasoned professionals and those just starting out. Our internship programs provide invaluable hands-on experience, helping to bridge the gap between education and full-time employment. For those seeking to grow their career, we offer positions that challenge and inspire, backed by benefits that support both professional and personal growth.

Innovate with Us

Innovation is at the heart of Liberty Mutual. We encourage our team to bring fresh ideas that drive industry leadership and improve customer experiences. By joining our team, you’ll collaborate with talented professionals who are keen on developing solutions that lead the market.

Develop Your Career

Liberty Mutual is deeply invested in the professional development of its employees. With comprehensive diversity training and leadership programs, we prepare you to take on leadership roles within the company. Networking opportunities within the company can lead to mentorship and further career advancement.

Benefits of Joining Liberty Mutual

Working at Liberty Mutual comes with numerous benefits. From competitive salaries to health and wellness programs, we ensure our team members are well taken care of. More than just a job, a position at Liberty Mutual is a stepping stone to a fulfilling career.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Liberty Mutual. We are actively hiring and looking for individuals who are passionate, curious, and ready to drive change. Enhance your resume, prepare for your interview, and become part of a company that values your unique skills and vision.

Stay Connected

Keep up to date with the latest from Liberty Mutual Careers by subscribing to our job alert emails. Tailor your subscription to match your career preferences and get insights into new postings and career tips directly from our team.

Liberty Mutual: A Place to Grow, Innovate, and Lead

Discover how you can make a difference. Visit our careers page to find the position that’s right for you and join a team that’s committed to growth, leadership, and innovation. At Liberty Mutual, your career is what you make it.
Learn more about Liberty Mutual
Size
45,000 employees
Industry
Finance & Insurance
Founded
1912
* Ladders Estimates

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