Liberty Mutual - Portland, OR

posted 4 months ago

Full-time - Senior
Portland, OR
Insurance Carriers and Related Activities

About the position

The Executive Underwriter, Technology Lead - Middle Market, West Division is a pivotal role at Liberty Mutual Insurance, responsible for developing, growing, and maintaining a profitable book of technology Property & Casualty business. This position requires a strong focus on marketing, underwriting decision-making, and building mutually beneficial relationships with agents and brokers. The ideal candidate will establish a market-facing leadership presence and effectively apply underwriting tools, systems, and expert resources to achieve business objectives. In this role, the Executive Underwriter will guide and mentor less experienced underwriters, providing regular coaching and feedback to management on employee progress. The responsibilities include risk selection, where the underwriter reviews, rates, underwrites, evaluates, and assesses business for insurance by qualifying accounts, identifying and selecting risks, determining premiums, policy terms, and conditions, and successfully negotiating deals with agents and brokers. The position also emphasizes the importance of agent and broker relationships, requiring the underwriter to demonstrate a high level of responsiveness and support for their objectives. Establishing and maintaining successful relationships with agents and brokers is crucial for facilitating the marketing of products. The Executive Underwriter will manage a sizable and complex book of technology business, analyzing the portfolio to identify opportunities for growth, profit, and diversification. Documentation is another key aspect of the role, as the underwriter must document files comprehensively, reflecting a solid thought process and decision-making that complies with state regulations and underwriting guidelines. Leadership is a significant component, as the Executive Underwriter will formally guide, mentor, and coach underwriters and account analysts in both technical and professional skills. Continuous improvement is encouraged, with the underwriter actively participating in generating suggestions and problem-solving activities to support team efforts.

Responsibilities

  • Develop, grow, and maintain a profitable book of technology Property & Casualty business.
  • Review, rate, underwrite, evaluate, and assess business for insurance by qualifying accounts and identifying risks.
  • Determine premiums, policy terms, and conditions, and negotiate deals with agents and brokers.
  • Establish and maintain successful relationships with agents and brokers to facilitate marketing of products.
  • Manage a sizable and complex book of technology business by analyzing the portfolio and identifying areas for growth.
  • Document files comprehensively to reflect decision-making processes and comply with regulations.
  • Guide, mentor, and coach less experienced underwriters and account analysts.
  • Participate in continuous improvement initiatives and problem-solving activities.

Requirements

  • Advanced-level knowledge of insurance products, underwriting, pricing, and risk selection.
  • Ability to utilize underwriting tools and resources to achieve goals and solve complex problems.
  • A related bachelor's degree is required; seven to ten years of relevant experience preferred.
  • CPCU or professional insurance designation is strongly preferred.
  • Minimum of five years of underwriting technology business experience is required.
  • Experience in Technology E&O and Cyber is strongly preferred.

Nice-to-haves

  • Active broker relationships in the West Coast market.
  • Strong personal brand development to maintain a quality pipeline with agents and brokers.

Benefits

  • Comprehensive health insurance coverage.
  • 401(k) retirement savings plan with company matching.
  • Paid time off and holidays.
  • Tuition reimbursement for further education.
  • Professional development opportunities and training programs.
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