Executive Underwriter, Major Accounts Property – Shared and Layered

Liberty Mutual Insurance•Chicago, IL

27d•$76,000 - $253,000•Hybrid

About The Position

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.

Requirements

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
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

Nice To Haves

CPCU or professional insurance designation preferred

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.