Pay Philosophy
The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
Description
Launch your Underwriting career at Liberty Mutual Insurance - A Fortune 100 Company!
Provides expert technical underwriting assistance and formal referral approval for the Property and Marine line of business via the H.O. Referral Program (preference is for a candidate with robust Inland Marine / Ocean Marine experience, but also considering Large Single Carrier expertise). Interacts with field underwriters on all mandatory referral cases and voluntary consultation items. Visit field offices to conduct in-person referrals, facilitate training, and conduct audits. Foster a cooperative and collaborative relationship with the field and strive for creative solutions without compromising standards.
- Evaluate, conduct, and document referrals from underwriters on accounts or coverage with higher hazards, highest complexity, higher limits, or more significant premium for the Property and Marine line of business; identify creative solutions and build underwriter expertise and confidence while protecting the company's assets.
- Facilitate ongoing and frequent interaction with assigned offices and underwriters outside of required referral activities, building underwriter confidence and expertise.
- Visit field offices during key/busy periods to make in-person referrals, participate in field underwriting audits, and conduct training sessions.
- Act as a subject matter expert for Training, Systems Development, Product Management, and other functions; participate in or lead significant projects of considerable scope and complexity.
- Perform a high-level quality control review to ensure proper policy structure. Work closely with the underwriting support supervisors to identify quality gaps and required training.
- Serve in a lead capacity and act as a resource to less experienced, promote best practices within the Majors Property and Marine referral/underwriting officer group, and lead/influence by example.
Qualifications
- Expert-level knowledge of all coverage forms, exclusions, pricing, structure, rating, rating plans, loss forecasting, credit risk, and market knowledge.
- Advanced knowledge of 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 have the ability to advance the collaboration model.
- Other professional skills required include advanced communication skills (written, verbal, presentation, listening); approachability; tact; analyzing and problem solving; relationship and service driven; negotiation skills; and demonstrated ability to consistently and positively influence others as generally acquired through a related bachelor's degree, ten or more years of relevant experience that includes reinsurance, coaching/developing others, working with brokers/agents and currency with market trends and developments.
About Us
**This position may have in-office requirements depending on candidate location.**
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: https://jobs.libertymutualgroup.com/diversity-inclusion
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.
Fair Chance Notices
- California
- San Francisco
- Los Angeles
- Philadelphia
