Liberty Mutual

Executive Underwriter, Wholesale Cyber Technology

Liberty Mutual$110K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree and 5-10 years of insurance experience.
  • Strong verbal and written communication skills.
  • Ability to quickly learn and apply new concepts.
  • Strong organizational skills with the ability to prioritize tasks.
  • Insurance-specific designation (CPCU or RPLU) is preferred, but not required.

Responsibilities

  • Evaluate and assess businesses applying for insurance, determining premiums and policy terms.
  • Develop and maintain exceptional relationships with Agents and Brokers through responsive service and negotiation efforts.
  • Manage a book of business by analyzing portfolio opportunities for growth and executing marketing strategies.
  • Articulate specialized services offered to Cyber/Technology liability insureds compared to competitors.
  • Contribute to marketing plans and product analysis to enhance geographic focus and broker intelligence.
  • Collaborate with underwriting teams and claims analysts to provide comprehensive customer service.
  • Document decision-making and account reviews systematically for clarity.
  • Lead, mentor, and coach junior underwriters to enhance their professional skills.

Benefits

  • Opportunity for travel to meet clients and brokers.
  • Engagement in continuous improvement initiatives within the team.
  • Access to professional development and mentorship opportunities.
  • Potential for enhanced market presence through strategic marketing efforts.
Full Job Description
Description

We are seeking a highly motivated individual with good analytical and sales skills for a Cyber and Technology Professional Liability underwriting position in our New York City or Chicago offices.

Under general supervision, contributes to the growth and profitability of assigned specialty product line(s) through marketing, underwriting, and managing the Cyber/Technology Liability product.  Some risks may require special handling or unusual coverages, including manuscript policy development. Travel to take client meetings and broker meetings. Demonstrates functional technical knowledge of underwriting concepts, practices, procedures, and techniques, including coverage issues, product lines, marketing, relevant systems, and competition in the marketplace.

 

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; loss history review; financials review; 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 Agents and Brokers objectives through successful negotiations.  Develops and maintains the relationship through responsive service, site visits, in person renewal meetings or enhanced knowledge of their customers businesses. Includes independently marketing Ironshore product to brokers. Travel to take client meetings and broker meetings.
  • Portfolio Management: 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 with preferred brokers. Includes new business goals
  • Service Value Proposition: Understands and articulates the specialized services Ironshore can offer our Cyber/Technology liability insureds and how they compare to those provided by our competitors.
  • Contributes to the development of marketing plans, product analysis, services, geographic focus and broker intelligence.
  • Communicates with other product line underwriters, managers and claims analysts in order to provide comprehensive customer service.
  • Performs related duties as requested to include, report preparation, presentations, and special projects to assist in ensuring the success of the product line unit.
  • Leadership: Formally guides, mentors, and coaches underwriters in both technical and professional skills. Demonstrates an area of expertise and provides regular updates to other underwriters.
  • 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
  • Continuous Improvement: Actively participates in continuous improvement by fully engaging in daily 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
Qualifications

Qualifications:

  • Bachelor's degree and 5-10 years of insurance experience. 
  • Ability to develop strong verbal and written communication skills.
  • The ability to learn and apply new concepts quickly.
  • Ability to prioritize, strong organizational skills, and ability to navigate computers quickly are preferred.
  • An insurance-specific designation, including CPCU or RPLU, is preferred but not required

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.

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
Founded
1912

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