Senior Underwriting Officer, Risk Management

Liberty Mutual Insurance•Boston, MA

2d•$98,000 - $298,000

About The Position

The Senior Underwriting (UW) Officer, Risk Management, will report to the Executive Underwriting Officer of Major Accounts Casualty. Major Accounts works with large and complex commercial risks to deliver Primary and Excess Casualty programs to these highly valued customers. You will focus on our Majors Risk Management portfolio which services some of the largest companies in the U.S. The Senior Underwriting Officer, Risk Management will work with the leadership team, deliver technical expertise and serve as point of contact for the frontline underwriting teams for all questions, key decisions, or referrals. The Senior Underwriting (UW) Officer for Risk Management will report to the Executive Underwriting Officer for Major Accounts Casualty. The Major Accounts team focuses on handling large and complex commercial risks, providing both Primary and Excess Casualty programs to our valued customers. The Senior Underwriting Officer will concentrate on our Major Risk Management portfolio, which serves some of the largest companies in the U.S. This role involves collaborating with the leadership team, delivering technical expertise, and acting as the point of contact for frontline underwriting teams regarding questions, key decisions, or referrals.

Requirements

Expert-level knowledge of all aspects of coverage forms, exclusions, and exposure. Pricing, structure, rating, rating plans, loss forecasting, credit risk, market knowledge, preferred.
Experience and working knowledge of Alternative Risk Transfer solutions, preferred.
Advanced knowledge of and experience operating within several different industry segments experience with and knowledge of Risk Management programs key; insurance operations; claims, finance and actuarial concepts; regulatory environment; loss control/risk engineering; reinsurance; account management; product development; and industry trends.
Must be a skilled collaborator who is willing to assess all sides of an issue, bring in others with expertise, and independently execute and advance the collaboration model.
Superior communication skills (written, verbal, presentation, listening); approachability; tact; coaching/development; analyzing and problem solving; relationship and service driven; clear solutions orientation and commitment to achieving segment operational and financial objectives; negotiation skills; and demonstrated ability to consistently and positively influence others both internally and externally (brokers/customers) as required.
Bachelor`s degree, 10 or more years of relevant experience that includes underwriting, claims, reinsurance, coaching/developing others, working with brokers/agents and currency with market trends and developments.

Nice To Haves

Pricing, structure, rating, rating plans, loss forecasting, credit risk, market knowledge, preferred.
Experience and working knowledge of Alternative Risk Transfer solutions, preferred.

Responsibilities

Provides expert technical underwriting assistance and formal referral approval for multiple lines of business (auto, general liability, workers` compensation) in Majors Risk Management. Interacts independently with field underwriters and directly with UW managers on all mandatory referral cases and voluntary consultation items.
Ensures continuity and alignment between Primary and Excess Casualty placements.
Supports Executive Underwriting Officer on transactions and serves as trusted advisor in the areas of exposure, coverage analysis, and key pricing/financial elements within their authority.
Monitors frameworks for underwriting decisions (e.g., referrals, technical reviews) and recommends improvements, as needed.
Evaluates portfolio performance regularly in Majors Risk Management, working with Underwriting Leaders to identify drivers of performance, risks, and opportunities.
Drives UW technical excellence across Majors Risk Management, working with Underwriting Leaders to identify and resolve issues.
Works with Underwriting Leaders to identify product and services enhancements, underwriter capability development opportunities (e.g., skills, tools), and elevates to Executive Underwriting Officer and Majors Chief Underwriting Officer.
Models effective collaboration within/across teams, stakeholders and partners (e.g., UW Support, Claims, Actuarial, NA Product Teams).