Underwriter - War & Terrorism

Liberty Mutual Insurance • Boston, MA

3d

About The Position

Our War & Terrorism insurance provides coverage for businesses against property damage and business interruptions caused by politically, religiously, or ideologically motivated attacks. As an Underwriter, you will assist the underwriting team in evaluating risks, servicing accounts, and contributing to the growth of our specialty portfolio. This is an excellent opportunity to develop expertise in a niche product line and build strong relationships with brokers.
Depending on your experience, we will consider candidates for either the Underwriter or Senior Underwriter level.

Requirements

• A degree in Business or a related field is typically required.
• Candidates should have at least 1 year (preferably 1.5 or more years) of underwriting experience or related business experience.
• The ideal candidate will have the ability to develop and maintain effective internal and external relationships.
• Strong analytical skills to evaluate underwriting risks within defined authority are essential.
• Effective communication and interpersonal skills are required to successfully develop and maintain productive relationships with producers and customers.

Nice To Haves

• Active pursuit of professional insurance designations is encouraged.

Responsibilities

• Risk Selection: Review, rate, underwrite, evaluate, and assess businesses applying for insurance. This includes qualifying accounts, identifying and assessing risks, determining premiums, establishing policy terms and conditions, obtaining approvals, creating and presenting proposals to agents/brokers, and successfully negotiating deals.
• Agent/Broker Relationships: Establish, develop, and maintain successful relationships with agents and brokers to facilitate the marketing of products and services. Provide stewardship with service partners, including initial setup of service commitments and regular visits.
• Personal Branding: Develop a strong personal brand to build and maintain a quality pipeline with agents and brokers.
• Portfolio Management: Manage a book of business by analyzing the portfolio, identifying opportunities for growth, profit, and diversification, and executing marketing plans to increase market share with preferred brokers.
• Documenting the Deal: Document files clearly to reflect a solid thought process and decision-making through comprehensive account reviews, sign-offs, and referrals that comply with state regulations, letters of authority, and underwriting guidelines.

Benefits

• At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in
• every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive
• benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.
• We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being.
• To learn more about our benefit offerings please visit: https://LMI.co/Benefits
• Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees