Company: Liberty Mutual Insurance
Posted on: March 18, 2023
Depending on experience this position can be hired at different
Underwriting LevelsResponsible for developing, growing, and
maintaining a profitable, diversified book of business through
marketing, underwriting decision making, building mutually
beneficial agent/brokers relationships and establishing a
marker-facing leadership presence, and application of underwriting
tools, systems, and expert resources. Guides/mentors less
experienced underwriters in their respective area of expertise,
including regular employee coaching with feedback to the manager on
progress of the employee.
- Risk Selection: Reviews, rates, underwrites, evaluates, or
assesses the business applying for insurance by qualifying
accounts, identifying, selecting and assessing risks, determining
the premium, policy terms and conditions, obtaining approvals,
creating/presenting the proposal to the agent/broker, and
successfully negotiating deals.
- Agent/Broker Relationships: Demonstrates a high level of
responsiveness and focus on supporting Agents and Brokers
objectives. Establishes, develops, and maintains successful
relationships with Agents and Brokers to facilitate marketing of
products, through responsive service, site visits, in person
renewal meetings or enhanced knowledge of their customers
businesses. Develops strong personal brand to build and maintain a
long-term quality pipeline with Agents/Brokers.
- Portfolio Management: Manages a sizable and complex book of
business by analyzing the portfolio, identifying areas of
opportunity for improved growth, profit and diversification, and
executing marketing plans to increase market share by making
marketing calls to brokers to market and cross market.
- Documenting the Deal: Documents files in a way that reflects a
solid thought process and decision making through comprehensive
account reviews, sign-offs and referrals that comply with state
regulations, letter of authority, and underwriting guidelines.
- Leadership: Formally guides, mentors, and coaches underwriters
and account analysts in both technical and professional skills.
Demonstrates an area of expertise and provides regular updates to
- Continuous Improvement: Actively participates in continuous
improvement by generating suggestions, participating in problem
solving activities and using continuous improvement tools to
support the work of the team.
- Advanced-level knowledge of insurance products/coverage,
underwriting, pricing, risk selection, market segments and
marketplace; insurance finance and actuarial concepts; loss
control/risk engineering; marketing techniques, regulatory
environment and reinsurance; advanced-level knowledge of territory
- Ability to apply underwriting/appetite, tools, systems, and
resources to achieve goals, solve complex problems, establish and
build healthy working relationships, lead mentoring relationships,
and negotiate, as normally acquired and a related bachelor's degree
seven to ten years of relevant experience preferred; CPCU or
professional insurance designation strongly preferred.At Liberty
Mutual, our purpose is to help people embrace today and confidently
pursue tomorrow. That's why we provide an environment focused on
openness, inclusion, trust and respect. Here, you'll discover our
expansive range of roles, and a workplace where we aim to help turn
your passion into a rewarding profession.Liberty Mutual has proudly
been recognized as a "Great Place to Work" by Great Place to Work -
US for the past several years. We were also selected as one of the
"100 Best Places to Work in IT" on IDG's Insider Pro and
Computerworld's 2020 list. For many years running, we have been
named by Forbes as one of America's Best Employers for Women and
one of America's Best Employers for New Graduates-as well as one of
America's Best Employers for Diversity. To learn more about our
commitment to diversity and inclusion please visit:
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/BenefitsLiberty 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.
Keywords: Liberty Mutual Insurance, Cleveland , Underwriting Specialist, Other , Cleveland, Ohio
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