Liberty Mutual Insurance Company
Custom Underwriter, Senior Underwriter, Commercial Insurance','93747','!*!Launch your Underwriting career at Liberty Mutual Insurance - A Fortune 100 Company!
Our Underwriter- Custom ensures a profitable book of Property and Casualty insurance business by appropriately pre-qualifying risks within delegated authority levels. Partners with agents to manage and grow a multi-line book of business by evaluating, selecting, and pricing risks primarily $25,000 and greater. Demonstrates decision-making authority under moderate supervision, recommending quality exceptions where appropriate to maximize profitability and meet business plans. Supports marketing activities to agents and actively participates in the agency management process through agency visits. Responsible for working with and protecting confidential and proprietary customer and Company information
Please note: This is a range posting for a Grade 13 (UW III) or Grade 15 (Senior UW). The actual internal level/grade for this role will depend on the candidate’s overall experience and skill level .
• Risk Selection: evaluates or assesses the business applying for insurance by evaluating, selecting, and pricing risks primarily $25,000 and greater; 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: Develops and maintains successful relationships with Agents and Brokers by providing stewardship with service partners, including initial setup of service commitments, and regular visits. • 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.• Documenting the Deal: Documents files in a way that reflects a solid thought process, decision making, and ownership of the account, through comprehensive account reviews, sign-offs and referrals when necessary.• Leadership: Formally and informally guides, mentors, and coaches underwriters in both technical and professional skills.• 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.• Growth: Profitably grows assigned book of business by writing new accounts $25,000 in premium and above and successfully retaining renewal book as part of portfolio strategy. Partners with agency plant to successfully pipeline new business opportunities and initiate key renewal conversations 90 – 120 days in advance.
• Bachelor's degree preferred. • Two to Five years of commercial lines underwriting experience preferred. • Actively pursuing professional insurance designation(s); CPCU designation preferred. • Thorough knowledge of commercial lines products and contract language including regulatory and policy differences among applicable states. • Strong negotiation, analytical and problem solving skills. • Strong computer skills and ability to work with multi-faceted systems. • Ability to effectively and independently manage workload while exhibiting good judgment.• Excellent written and verbal communication skills. Ability to build relationships with agents and other departments and must also exemplify teamwork.
We value your hard work, integrity and commitment to positive change. In return for your service, it’s our privilege to offer you benefits and rewards that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
At Liberty Mutual, we give motivated, accomplished professionals the opportunity to help us redefine what insurance means; to work for a global leader with a deep sense of humanity and a focus on improving and protecting everyday lives. We create an inspired, collaborative environment, where people can take ownership of their work; push breakthrough ideas; and feel confident that their contributions will be valued and their growth championed.
We’re dedicated to doing the right thing for our employees, because we know that their fulfillment and success leads us to great places. Life. Happiness. Innovation. Impact. Advancement. Whatever their pursuit, talented people find their path at Liberty Mutual.
','Underwriting','US-CA-Aliso Viejo','','Full-time','71,000.00','112,000.00','Bachelor's Degree (±16 years)','Day Job','Yes, 10 % of the Time','Custom Underwriter, Senior Underwriter, Commercial Insurance
Liberty Mutual Insurance Company
Website : http://www.libertymutual.com
Liberty Mutual Holding defends our freedom to buy car insurance. As the parent company of Liberty Mutual Group and its operating subsidiaries, Liberty Mutual is one of the top property/casualty insurers in the US and among the top 10 providers of automobile insurance. The company also offers homeowners' insurance, workers compensation, general liability, group disability, fire and surety, and commercial lines for small to large companies. Liberty Mutual operates through four business divisions: Personal Insurance, Commercial Insurance, Liberty International, and Global Specialty. It distributes its products through a diversified blend of independent and exclusive agents, brokers, and direct sales.