Senior Underwriter, Inland Marine

Liberty Mutual•San Francisco, CA

16h

About The Position

The Senior Underwriter underwrites Builders’ Risk policies within established underwriting authority, with limited guidance from leadership. The role makes analytical, data-driven decisions on new and renewal business by evaluating project-specific exposures, structuring coverage, and pricing risks appropriately. It assesses complex construction and renovation projects, including those with significant values, challenging locations, unusual construction methods, or high individual line sizes. The position develops profitable Builders’ Risk business for Liberty Mutual while managing relationships with brokers, agents, contractors, developers, owners, and other construction-related clients. It collaborates with internal teams and contributes to improvements in products, processes, and underwriting tools. The role also mentors junior underwriters and new hires, reviews portfolio performance, and shares relevant market and underwriting insights.

Requirements

A degree in Business or equivalent is typically required.
At least 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 the scope of responsibility.
Competence with all phases and aspects of the underwriting process, including proficiency in qualitative and quantitative tools and techniques.
Comprehension of complex technical underwriting issues and the ability to define and implement necessary underwriting and administrative processes or workflows to manage or administer those issues.
A proven track record of developing and underwriting profitable business.

Nice To Haves

CPCU or another professional insurance designation.

Responsibilities

Manage a portfolio of brokers, agents, contractors, developers, owners, and other construction-related clients while developing profitable Builders’ Risk business for Liberty Mutual.
Evaluate project plans, budgets, construction schedules, valuations, contracts, loss history, site conditions, catastrophe exposures, contractor experience, and risk-control measures.
Determine appropriate coverage terms, conditions, limits, deductibles, exclusions, and pricing for commercial, residential, infrastructure, renovation, and specialty construction projects.
Maintain strong relationships with agents and brokers, strengthen existing partnerships, develop new opportunities, and represent Liberty Mutual effectively in the marketplace.
Monitor evolving project exposures, including construction delays, changes in scope or values, occupancy transitions, fire, theft, water damage, windstorm, flood, earthquake, collapse, and other Builders’ Risk loss drivers.
Collaborate with UW Support, Claims, Actuarial, Risk Engineering, Product, Legal, and Directors of Underwriting in GRS North America.
Contribute to product, process, and underwriting tool improvements.
Mentor junior underwriters and new hires.
Analyze portfolio performance and communicate emerging construction and Builders’ Risk trends, underwriting recommendations, and opportunities for profitable growth.