Executive Underwriter, Loss Sensitive - Large Construction

Liberty Mutual•Los Angeles, CA

20h•Onsite

About The Position

Our Home Office Construction team is seeking an Executive Underwriter to join our high-performing team working with large accounts, complex wrap-ups, and joint venture projects countrywide. This opportunity would focus on and be responsible for growing and developing our Southern California region while also maintaining a profitable book of business through effective underwriting decision making, mutually beneficial customer/broker relationships, and application of underwriting tools, systems, and expert resources. Guides and mentors less-experienced underwriters in their respective areas of expertise, including regular employee coaching and feedback to the manager on the employee's progress. Participates in regular projects that further the goals of the department and the company.

Requirements

Degree in Business or equivalent is typically required
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

Construction Casualty underwriting experience strongly preferred
A minimum of 5 years underwriting experience is preferred
CPCU or professional insurance designation preferred

Responsibilities

Grow and develop the Southern California region
Maintain a profitable book of business through effective underwriting decision making, mutually beneficial customer/broker relationships, and application of underwriting tools, systems, and expert resources
Guide and mentor less-experienced underwriters in their respective areas of expertise, including regular employee coaching and feedback to the manager on the employee's progress
Participate in regular projects that further the goals of the department and the company
Review, rate, underwrite, evaluate, or assess the business applying for insurance by qualifying accounts, 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
Demonstrate a high level of responsiveness and focus on supporting Key Agents and Brokers objectives
Establish, develop, and maintain successful relationships with Key Agents and Brokers to facilitate marketing of products, through responsive service, site visits, in person renewal meetings or enhanced knowledge of their customers businesses
Develop strong personal brand to build and maintain a long-term quality pipeline with Key Agents/Brokers
Manage a sizable and complex 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 by making marketing calls to preferred brokers to market and cross market
Provide input to the development of marketing plans, product analysis, services, geographic focus and broker intelligence
Document files in a way that reflects a solid thought process and decision making through comprehensive account reviews, sign-offs and referrals that comply with state regulations, letter of authority, and underwriting guidelines
Formally guide, mentor, and coach underwriters and account analysts in both technical and professional skills
Demonstrate multiple areas of expertise and provide regular updates to other underwriters