DescriptionYou9ll develop, grow and maintain a profitable, diversified book of business. You9ll do this through marketing, underwriting decisions, strong agent and broker relationships, a market-facing leadership presence and smart use of underwriting tools, systems and expert resources. You9ll also guide and mentor less experienced underwriters, coaching them and sharing feedback with their manager on their progress.
We9re considering candidates for our senior or executive-level positions, depending on experience.
Responsibilities:
- Risk selection: Review, rate and underwrite business applying for insurance. Qualify accounts, identify and assess risk, and determine premium, terms and conditions. Get approvals, present proposals to agents and brokers, and negotiate deals successfully.
- Agent/broker relationships: Respond quickly and stay focused on what agents and brokers need. Build strong, lasting relationships through responsive service, site visits, in-person renewal meetings and a deep understanding of their customers9 businesses. Grow your personal brand to build a long-term, high-quality pipeline with agents and brokers.
- Portfolio management: Manage your book of business by analyzing the portfolio, spotting opportunities for growth, profit and diversification, and executing marketing plans 6 including broker calls 6 to grow market share.
- Documenting the deal: Document files clearly, showing solid thinking and decision-making through comprehensive account reviews, sign-offs and referrals. Follow state regulations, letter-of-authority requirements and underwriting guidelines.
- Leadership: Mentor and coach underwriters and account analysts, both formally and informally, on technical and professional skills.
- Continuous improvement: Take part in problem-solving activities and use continuous-improvement tools to support your team9s work.
Qualifications
Intermediate-level knowledge of insurance products/coverage, knowledge of underwriting, pricing, risk selection, market segments and marketplace; insurance finance and actuarial concepts; loss control/risk engineering; marketing techniques, regulatory environment and reinsurance; advanced-level knowledge of territory management. Ability to apply underwriting/appetite, tools, systems, and resources to achieve goals, solve complex problems, establish and build healthy working relationships, participate in mentoring relationships, and negotiate as normally acquired a related bachelor9s degree, four to seven years of relevant experience preferred; CPCU or professional insurance designation preferred.
About Us
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.