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
IronPro is seeking a highly motivated individual with good analytical and sales skills for a Miscellaneous Professional Liability underwriting position in our New York City Office (Hybrid office role).
Job Summary :
Under general supervision, contributes to the growth and profitability of assigned specialty product line(s) through marketing, underwriting and managing of the Miscellaneous Professional Liability, product.
Some risks may require special handling or unusual coverages, including manuscript policy development. Demonstrates functional technical knowledge of underwriting concepts, practices, procedures and techniques to include coverage issues, product lines, marketing, relevant systems, and competition in the market place.
Job Responsibilities :
- Reviews and negotiates policy terms and conditions with assistance from the manager.
- Establishes and maintains relationships with the brokerage community to facilitate marketing of IronPro products and services.
- Underwrites targeted new and renewal business of by reviewing and analyzing insured's (or prospective insured's) loss history, financials, and other pertinent information at the direction of the manager.
- 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 comprehensive customer service.
- 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
- Degree in Business or equivalent typically required
- A minimum of 2.5 years, typically 3 or more years, of progressive underwriting experience and / or other related experience
- CPCU or professional insurance designation preferred
- Proven analytical ability to evaluate and judge underwriting risks within 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 properly manage or administer those issues
- Proven track record of developing and underwriting profitable business
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