Executive Underwriter, Middle Markets Construction

$127,000 - $206,000/Yr

Liberty Mutual - Boston, MA

Part-time - Executive

Boston, MA

5,001-10,000 employees

Insurance Carriers and Related Activities

About the position

Join our thriving Construction team! We are seeking a committed specialty construction casualty Executive Underwriter to drive growth in the Northeast region. Our team handles specialized knowledge of construction and risk management, catering to Middle Market to National Account-sized casualty construction business. As part of Liberty Mutual, you'll have the opportunity to work on primary casualty and property lines coverages, fostering underwriter judgment and local decision-making. If you're a talented commercial insurance underwriter with construction expertise, confidence, and a deal-oriented mindset, this is an excellent opportunity for you. This would be considered a Hybrid role in the posted office location.

Responsibilities

• Reviews, rates, underwrites, evaluates, or assesses the business applying for insurance by qualifying accounts, identifying, selecting and assessing risks, determining the premium, policy terms and conditions, obtaining approvals, creating/presenting the proposal to the agent/broker, and successfully negotiating deals.
• Demonstrates a high level of responsiveness and focus on supporting Key Agents and Brokers objectives. Establishes, develops, and maintains successful relationships with Key Agents and Brokers to facilitate marketing of products, through responsive service, site visits, in person renewal meetings or enhanced knowledge of their customers businesses.
• Manages a sizable and complex book of business by analyzing the portfolio, identifying areas of opportunity for improved growth, profit and diversification, and executing marketing plans to increase market share by making marketing calls to preferred brokers to market and cross market.
• Documents files in a way that reflects a solid thought process and decision making through comprehensive account reviews, sign-offs and referrals that comply with state regulations, letter of authority, and underwriting guidelines.
• Formally guides, mentors, and coaches underwriters and account analysts in both technical and professional skills. Demonstrates multiple areas of expertise and provides regular updates to other underwriters.
• Actively participates in continuous improvement by generating suggestions, participating in problem solving activities and using continuous improvement tools to support the work of the team.

Requirements

• Degree in Business or equivalent typically required
• A minimum of 7 years expected, typically 10 years or more, of progressive underwriting experience and/or other related business experience
• CPCU or professional insurance designation preferred
• Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility
• Demonstrated ability to communicate complex analyses and information in understandable written and/or oral directives to other persons in the organization for underwriting or training purposes
• Demonstrated effective communication and interpersonal skills in dealing with internal and external stakeholders
• Must demonstrate comprehension of most 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

Nice-to-haves

• CPCU or professional insurance designation preferred

Benefits

• Generous paid time off
• Flexible work arrangements
• 401(k) match and pension program
• Paid parental leave
• Comprehensive health and wellness benefits