Senior Underwriter, Energy

Liberty Mutual Insurance•Boston, MA

4d•$69,000 - $215,000

About The Position

The Senior Underwriter is responsible for underwriting energy accounts independently within delegated authority, making data-driven accept/decline and pricing decisions for complex or high line-size risks across oil & gas, pipelines, power generation and renewables in North America.

Requirements

Degree in Business or equivalent typically required
A minimum of 2.5 years, typically 3 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

Manage a portfolio of brokers/agents and clients; source and underwrite profitable energy business.
Assess technical exposures using loss histories, engineering reports, production/operational data and modelling; set terms, limits, deductibles and reinsurance needs.
Underwrite property, BI/DSU, third‑party liability, pollution/environmental, construction/EPC and energy-related cyber/OT risks.
Provide portfolio analytics and insights to inform pricing, appetite and marketing plans.
Maintain senior broker relationships and clearly articulate coverage differences and risk appetite.
Collaborate with Claims, Actuarial, Engineering, Legal and UW Support; participate in improvement and product development projects.
Mentor junior underwriters and represent the company at industry events.