Senior Underwriter, Risk Management

Liberty Mutual Insurance•Los Angeles, CA

10h•$106,000 - $180,000

About The Position

Works independently and autonomously on all but the most complex accounts or cases, subject to required process oversight. Underwrites policies within underwriting authority and makes analytical, data-driven decisions about whether to accept business, including pricing risks. In parts of North America, the role is more likely to underwrite complex or unusual policies, or policies with high individual line size; assessed policies will focus on higher complexity and/or larger size. Manages a portfolio of brokers, agents, and clients and leverages market presence and expertise to develop and underwrite profitable business while representing Liberty. Maintains and strengthens relationships with senior or market-leading brokers and key agents, develops new relationships, and articulates coverage differences in detail. Provides significant input into business and marketing planning through advanced data-driven portfolio insights, contributes to cross-department projects that advance underwriting and process excellence, and models effective collaboration with teams and partners. Applies strong knowledge of relevant legal cases, legislation, and regulation; shares technical expertise and external thought leadership; and mentors, coaches, and trains underwriters and internal partners.

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, including competence in all phases of the underwriting process and proficiency with qualitative and quantitative tools and techniques.
Ability to comprehend complex technical underwriting issues and define and implement underwriting and administrative processes or workflows to manage them.
Proven track record of developing and underwriting profitable business.

Nice To Haves

CPCU or another professional insurance designation preferred.

Responsibilities

Manage a portfolio of brokers, agents, and clients.
Use market presence and expertise to develop and underwrite profitable business while representing Liberty.
Maintain, strengthen, and develop relationships with senior or market-leading brokers and key agents.
Articulate key coverage differences in detail.
Provide significant input into business and marketing planning, including data-driven insights from portfolio analysis.
Participate in cross-department projects designed to improve underwriting and processes.
Collaborate effectively with teams, stakeholders, and partners, including UW Support, Claims, Actuarial, and Directors of Underwriting in North America.
Maintain strong knowledge of relevant legal cases, legislation, and regulations.
Share technical expertise, including through external thought leadership.
Mentor, coach, and train other underwriters and internal partners.
Underwrite policies within authority and make data-driven acceptance and pricing decisions.