Senior Underwriter, Inland Marine

Liberty Mutual Insurance•Plano, TX

4d•$67,000 - $139,000•Remote

About The Position

Great underwriters know how to balance data analytics with human intuition. If you like both quantitative and qualitative reasoning, enjoy the challenge and autonomy of managing your own accounts—at a company that offers competitive compensation and benefits, then consider joining the underwriting department at Liberty Mutual. As an Inland Marine Underwriter in property casualty insurance, you’ll develop, grow and maintain diversified books of business while working closely with agents and brokers to assess risks, determine premiums, set conditions and negotiate deals that maximize profitability and meet business goals. This is a ranged posting and level offered will be based on candidate experience at manager discretion. Ideal candidate will be located in the South Texas area. However the position is open for a remote experienced underwriter outside of the territory.

Requirements

Intermediate-level knowledge of insurance products/coverage, market segments and marketplace; insurance finance and actuarial concepts; loss control/risk engineering; marketing/selling techniques, regulatory environment and reinsurance
Advanced-level knowledge of underwriting, pricing, risk selection, territory management.
Ability to apply underwriting/appetite, tools, systems, and resources to achieve goals, solve complex problems, establish and build healthy working relationships, participate in mentoring relationships, and negotiate
Related bachelor`s degree or 5-8 years of commercial lines underwriting experience preferred
CPCU or professional insurance designation preferred

Nice To Haves

An aptitude for building rewarding relationships with agents and brokers, peer underwriters, underwriting assistants, and junior underwriters
Understanding of contract language, including regulatory and policy differences among applicable states
Familiarity with continuous improvement processes and tools
Excellent communication skills
Strong desk management, collaboration, and underwriting discipline

Responsibilities

Ensure a profitable Inland Marine book of business by writing new accounts and growing successful agent and broker relationships and pursuing renewals
Crunch the numbers and review the data to determine risk selection, premiums, policies and conditions, as well as identify opportunities for improved growth, profit and diversification
Maintain and nurture successful relationships with agents and brokers, while presenting proposals, negotiating deals and obtaining approvals
Contribute to overall team success by mentoring underwriters in both a technical and professional capacity—sharing best practices and identifying opportunities for continuous improvement
Document account reviews, state-compliant sign-offs and referrals, letters of authority and follow underwriting guidelines