Underwriter, Retail Property - Liberty Mutual

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.

Our Underwriter contributes to the growth and profitability of assigned Property accounts through marketing, underwriting and managing of products and services of complex risks. Risks may require special handling or unusual coverages. Requires specialized knowledge of underwriting concepts, practices, procedures and techniques to include coverage issues, product lines, marketing, relevant systems, and competition in the marketplace. Demonstrates strong strategic and marketing capabilities.

This is a hybrid office role in the posted office location.

Responsibilities:

• Establishes and maintains relationships to facilitate marketing of Liberty Mutual Retail Property products and services to the brokerage community.
• Makes independent sales calls to market and cross market.
• Reviews and negotiates policy terms and conditions including manuscript wording.
• Underwrites targeted new and renewal business by reviewing and analyzing insured's (or prospective insured's) loss history, financials, and other pertinent information.
• Makes independent marketing calls to brokers and prospective insureds.
• Contributes to the development of marketing plans, product analysis, services, geographic focus and broker intelligence.
• Communicates with other product line underwriters and claims analysts in order to provide top level customer service.
• Assists other members of the department including Underwriters, Associate Underwriters in product line and/or technical knowledge and development.
• Performs related duties as requested to include, report preparation, presentations, and special projects to assist in ensuring the success of the product line unit.

Qualifications:

• A degree in Business or equivalent is typically required.
• A minimum of 2.5 years, typically 3 or more years, of progressive underwriting experience and other related experience
• CPCU or professional insurance designation is preferred
• Proven analytical ability to evaluate and judge underwriting risks within the scope of responsibility that includes competence with all phases and aspects of the underwriting process and proficiency in the use of qualitative and quantitative tools and techniques
• Must demonstrate comprehension of complex technical underwriting issues and be capable of defining and implementing necessary underwriting and administrative processes/workflows to manage or administer those issues properly
• Proven track record of developing and underwriting Profitable Business

**This position may have in-office requirements depending on candidate location.**

As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally. 

At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.

We are proud to support a diverse, equitable and inclusive workplace, where all 45,000 employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.

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