Liberty Mutual Insurance Company
Boston, MA, United States
Civil Engineering, Construction, Manager, Insurance
This position both underwriting guidance and oversight of our national excess construction segment and individual production responsibilities. Working in conjunction with the CUO and Head-Excess Casualty, the position assists in maintaining underwriting integrity contributing to growth opportunities. Markets, underwrites and provides products and services for highly technical construction risks and risks requiring special handling or unusual coverages. As segment leader, the candidate has both direct and indirect team management skills.
Responsible for referrals & guidance for excess construction (practice & project risks) across multiple offices with a focus on wholesale and retail non-admitted distribution points.
Contributes to underwriting guidelines in conjunction with actuarial, claims & CUO optimizing portfolio towards profitable outcomes.
Works in conjunction with GRS marketing & profit center leadership, develops business & marketing plans for wholesale and retail field staff.
Manages, both directly and indirectly, other underwriters and/or underwriting staff.
Establishes and maintains broker strategy within the framework of GRS Excess Casualty plans. Builds relationships to facilitate marketing & production of wholesale and retail non-admitted excess construction business
Contributes to budget management including reporting and tracking excess construction production.
Underwrites new and renewal business of complex accounts.
Bachelor's degree or equivalent training plus at least 5 years of relevant and progressively more responsible production underwriting experience. Prior experience managing direct reports or a team is preferred. Requires an advanced knowledge of underwriting concepts, practices, procedures and techniques, including, but not limited to coverage issues, product lines, marketing, computers and product competition within the marketplace. Advanced knowledge of a construction risk transfer and related technical topics. The ability to effectively interact with all stakeholders (brokers, employees, claims, actuarial & finance) is preferred. Strong verbal and written communications, and organizational skills. Strong negotiation, analytical and decision making skills also required. Prior experience with wholesale distribution channel is desirable.
We value your hard work, integrity and commitment to positive change. In return for your service, it’s our privilege to offer you benefits and rewards that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
At Liberty Mutual, we give motivated, accomplished professionals the opportunity to help us redefine what insurance means; to work for a global leader with a deep sense of humanity and a focus on improving and protecting everyday lives. We create an inspired, collaborative environment, where people can take ownership of their work; push breakthrough ideas; and feel confident that their contributions will be valued and their growth championed.
We’re dedicated to doing the right thing for our employees, because we know that their fulfillment and success leads us to great places. Life. Happiness. Innovation. Impact. Advancement. Whatever their pursuit, talented people find their path at Liberty Mutual.
Title: Underwriting Manager, Excess Construction, North America Specialty, US Casualty
Requisition ID: 102843
Liberty Mutual Insurance Company
Website : http://www.libertymutual.com
Liberty Mutual Holding defends our freedom to buy car insurance. As the parent company of Liberty Mutual Group and its operating subsidiaries, Liberty Mutual is one of the top property/casualty insurers in the US and among the top 10 providers of automobile insurance. The company also offers homeowners' insurance, workers compensation, general liability, group disability, fire and surety, and commercial lines for small to large companies. Liberty Mutual operates through four business divisions: Personal Insurance, Commercial Insurance, Liberty International, and Global Specialty. It distributes its products through a diversified blend of independent and exclusive agents, brokers, and direct sales.