Executive Underwriter, Middle Market Construction

Liberty Mutual Insurance • Walnut Creek, CA

1d

About The Position

The Executive Underwriter works independently and autonomously on all but the most complex accounts/cases (subject to required process oversight). Underwrites policies within underwriting authority. Makes decisions on whether to accept business by making analytical, data-driven decisions based on data and information provided, including pricing the risk.

Requirements

• Degree in Business or equivalent typically required
• A minimum of 7 years expected, typically 10 years or more, of progressive underwriting experience and/or other related business experience
• Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility
• Demonstrated ability to communicate complex analyses and information in understandable written and/or oral directives to other persons in the organization for underwriting or training purposes
• Demonstrated effective communication and interpersonal skills in dealing with internal and external stakeholders
• Must demonstrate comprehension of most 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

• Manages a portfolio of Construction brokers/agents and clients, leveraging market presence and expertise to develop and underwrite profitable business while acting as a representative for Liberty.
• Maintains relationships with senior or market-leading brokers and key agents, sustaining a strong market presence and established agent/broker relationships.
• Strengthens existing relationships and develops new ones, articulating key coverage differences with a high degree of detail.
• Manages an assigned book of business to optimize rate adequacy, retention, profitability, and sustainable growth by monitoring portfolio performance and loss trends, adjusting pricing and underwriting decisions, and pursuing targeted renewal, cross-sell, and risk-selection strategies within guidelines.
• Provides significant input into the business and marketing planning process, including advanced data-driven insights from portfolio analysis. Participates in cross-departmental projects aimed at driving underwriting and process excellence (e.g., serving on working teams).
• Models effective collaboration across teams, stakeholders, and partners (e.g., UW Support, Claims, Actuarial, Directors of Underwriting in North America). Possesses strong knowledge of key legal cases, legislation, and regulation impacting underwriting expertise areas.
• Shares knowledge based on technical expertise, including providing external thought leadership.
• Mentors, coaches, and trains other underwriters and internal partners.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees