Principal Risk Engineer - US Onshore Energy & (Non-Civils) Construction

Liberty Mutual Insurance•Boston, MA

About The Position

The Principal Engineer performs the planning, organizing, analysis and evaluation of onshore energy (oil, gas, petrochemical and chemical) and non-civils construction risks, regardless of complexity, both on a desk review basis and on-site risk engineering surveys to provide risk assessments to enable underwriters to make accurate and profitable underwriting decisions. The role is also required to provide technical support to our Claims teams for assigned lines of business. This is a senior position within Liberty Mutual, and the job holder is expected to provide leadership to ensure that the high standards of Liberty Mutual risk engineering are promoted and maintained. The job holder is also responsible to facilitate technical learning and knowledge and be a highly technically experienced and well-respected risk engineer within the Liberty Mutual organization.

Requirements

Bachelors of Science degree in a technical discipline, such as Chemical, Process, Industrial, Mechanical Engineering or equivalent.
The job holder will be expected to possess at least 10 years’ experience in relevant process industries and should have a background in at least one of the following areas in a managerial, technical or consultancy role; Operations, Maintenance, Inspection, Process Engineering, Loss Prevention or Process Safety
Applicants with no previous insurance experience in related lines of business may also be considered for this position, though prior relevant insurance experience would be beneficial
Demonstrated strong communication and listening skills in order to develop and maintain relationships with Underwriters, Risk Engineers, Claims teams, other Liberty Mutual staff and clients
Demonstrated ability to understand and communicate important technically related information within the Risk Engineering, Underwriting and Claims groups
Demonstrated ability in advance level research, evaluation and analysis
Strong marketing skills to participate in new/renewal business development
Demonstrated ability to effectively use required software applications, such as Microsoft Office Suite.
Should be able to create/modify documents and complex spreadsheets
Position requires regular travel
Bachelors of Science degree in a technical discipline, such as Chemical, Process, Electrical, Mechanical Engineering or equivalent
The job holder will be expected to possess at least 10 years experience in relevant process industries and should have a background in at least one of the following areas in a managerial, technical or consultancy role; Operations, Maintenance, Process Engineering, Loss Prevention, Construction, Risk Management or Project Management
The job holder will be expected to possess at least seven years experience within the insurance sector in related lines of business(s)
Job holders with no previous industry experience but who have extensive insurance experience in a variety of relevant industry sectors may also be considered for this position

Responsibilities

Provides assistance to the Technical Lines Global Risk Engineering Manager in the development, implementation, and compliance with LII guidelines.
Responsible for promoting knowledge sharing and communication of risk engineering and technology related issues for their assigned line of business(s)
Plans, organizes, and performs desk based risk appraisals for assigned lines of business(s) to provide risk analysis information to Underwriters. The risk appraisal process includes preparation of a plant/process/product description, assessment of plant/process/product design, hazards and adequacy of mitigation measures, assessment of management systems/procedures and plant protection facilities, and loss estimate calculations
Conducts on-site risk engineering surveys for existing and prospective clients, as required by Underwriters
Produces either a brief summary report for internal use or a detailed marketing risk engineering survey report for Underwriters, Brokers, or the Client as required by Liberty Mutual guidelines
Assumes ownership for allocated accounts including attendance on surveys, follow-up of key recommendations and ensuring that risk engineering information on file is up to date
Provides technical input on claims including the review of claims reports and site visits to identify areas for claims mitigation and recommendations for improvement based on current risk engineering practices, policies and lessons learned. These recommendations are to be communicated to other Engineers/Underwriters and will provide the basis for future improvements of risk engineering policies, procedures, and technical resources
Maintains professional credibility and consistently demonstrates technical expertise and sound judgment
Maintains an up-to-date knowledge of the assigned lines of business(s) including process technology, loss prevention, construction, and other related issues that may impact the underwriting decision-making process or Liberty Mutual profitability. The jobholder is expected to actively pursue professional development to develop and maintain knowledge in these areas
Participates in business development and marketing activities for assigned lines of business(s)