Search jobs > Chicago, IL > Underwriter property

Senior Underwriter, Shared and Layered Property

Liberty Mutual Insurance
Chicago, IL, US
$73.7K a year
Full-time

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

Underwrites policies within underwriting authority, with limited guidance from leadership as needed. Makes decisions on whether to underwrite business by making analytical, data-driven decisions based on data and information provided, including pricing the risk.

In parts of North America more likely to underwrite complex / unusual policies - or those of high individual line size - policies assessed will include those of some complexity.

This role can be filled at various levels based on candidate experience level.

Senior Underwriter : $100,000- $130,000 Annual FTO days (Flexible Time Off) : 20

Executive Underwriter : $130,000 - $165,000. Annual FTO days (Flexible Time Off) : 20

Responsibilities

Manages portfolio of brokers / agents and clients. Leverages market presence and knowledge to develop and underwrite profitable business, acting as a representative for Liberty.

Maintains a strong market presence, including established relationships with agents and brokers. Looks to strengthen these relationships and develop new ones.

Contributes ideas for product development and participates in development and execution. Contributes to team projects (.

process / tool improvement). Understands the work implications of relevant legislation and regulation. Collaborates effectively across teams, stakeholders, and partners (.

UW Support, Claims, Actuarial, Directors of Underwriting in GRS North America). Mentors junior underwriters and new hires (not as a line manager).

May analyze department s portfolio and make suggestions for development. May recognize and communicate emerging trends of exposures within line of business expertise.

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

About Us

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 :

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 :

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.

Need help finding the right job?

30+ days ago
Related jobs
Promoted
Regal Rexnord Corp
Chicago, Illinois

As the Senior Director, Global Risk and Property Management you will be responsible for the development and implementation of comprehensive global risk and property management programs to effectively protect Regal Rexnord from potential and foreseeable risks while managing the company's insured prop...

Promoted
Crum and Forster
Chicago, Illinois

We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community. We are seeking a Senior Underwriter - ...

Promoted
Ladders
Chicago, Illinois

Our Allied Medical and Social Service products are designed to provide coverage for healthcare providers/facilities and organizations providing Social Services, and our SMML product is designed to provide coverage for businesses for the actions of their staff; these businesses may need help to obtai...

Promoted
Accenture
Chicago, Illinois

Accenture is a leading global professional services company that helps the world's leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services-creating tangible value at speed and scale. These cap...

Regal Rexnord
Rosemont, Illinois

As the Senior Director, Global Risk and Property Management you will be responsible for the development and implementation of comprehensive global risk and property management programs to effectively protect Regal Rexnord from potential and foreseeable risks while managing the company’s insured prop...

General Search & Recruitment
Chicago, Illinois

Senior Professional Liability Underwriter. Your technical expertise in underwriting specialty lines of business preferred (D&O, EPL, Fiduciary, Crime and Kidnap/Ransom and Extortion). You will be responsible for the overall management, new business development, and retention of a multifacet...

Foley & Lardner LLP
Chicago, Illinois

The Intellectual Property (Patent) Paralegal III will be responsible for managing client portfolios, including all filings and correspondence for both US, PCT, and foreign prosecution of assigned clients. This entails creating, revising, and filing of all prosecution documents in US and PCT applicat...

General Search & Recruitment
Chicago, Illinois

You will have a thorough understanding of client’s strategies and appetites and will use internal and external data to make appropriate individual and portfolio risk decisions. You will understand and have experience with various pricing components and rating methodology as well as use of...

Aon Corporation
Chicago, Illinois

Aon offers aprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon's discretion; medical, dental and vision i...

R T Specialty, LLC
Chicago, Illinois

Executive Property and Casualty Underwriter page is loaded Executive Property and Casualty Underwriter Apply locations Chicago - Illinois - Wacker time type Full time posted on Posted 30+ Days Ago job requisition id JR24-0197. Any unsolicited resume or candidate profile received from an Agency witho...