North America Product Leader, Casualty - GRS

Job Locations US-MA-Boston | US-Remote
ID
2022-52251
Position Type
Full-Time
Minimum Salary
USD $216,000.00/Yr.
Maximum Salary
USD $298,000.00/Yr.

Description

Manages product development, product maintenance, pricing and profitability for Casualty Lines. Sets Casualty strategy for sub-segment CUOs to implement in their business unit portfolio strategy and plan. Accountability for North America P&L for Casualty. Leads North America product board responsible for market assessment & sensing, performance analysis & monitoring, pricing & rate management, portfolio management, authority setting & governance, talent & technology, GRS NA business-wide best practices adoption for product line. Responsible for all Casualty specific capability enhancement decisions. Makes a sizeable impact on risk quality, risk control, large account pricing, research, and centralized processing operations.  

 

Strategy & Planning: 

  • Sets product strategy and annual financial plan for the Casualty products under leader purview, based on optimal deployment of capital 
  • Works with North America Office of Underwriting to align on KPIs, metrics, and thresholds for product portfolio monitoring 
  • Advises on ceded reinsurance strategy for the product(s) including central vs. local 

Execution: 

  • Establishes authority limits and referral criteria for the relevant product areas, cascading down within the overall GRS CUO’s framework 
  • Monitors execution of product strategy and portfolio performance against plan 
  • Monitors developments in the macro and regional risk environments that could impact Casualty portfolio performance 
  • Drives knowledge sharing for relevant global and regional trends and information on evolving nature of risk, performance results, claim trends, etc. that will then be used to inform local underwriting strategy decisions 

Talent Management: 

  • Provides strong leadership to continually upgrade SBU underwriting talent through training, development, and recruitment 
  • Leads a small organization, sets competency framework linked to authorities. 

 UW Capability Development: 

  • Determines SBU underwriting investment needs to continue monitoring and/or executing effectively, including data capture or strategy.  

Qualifications

  • Underwriting P&L experience 
  • Strong Casualty expertise and underwriting experience. Deep understanding of how the pieces of the organization fit together to create value and deliver results. Maintain a solid grasp on the ever-changing context within which the business competes. 
  • Internationally experience preferred but not required
  • Objective and results-oriented 
  • Leader with strategic mindset and demonstrated relationship building ability. Ability to form effective and trusting relationships with superiors, peers, and direct reports, studying and meeting the needs of key stakeholders. 
  • Ability to articulate views, engage others` ideas, analyze data for insights, weigh alternatives, own the final call, and communicate decisions clearly. 
  • Attributes include: adaptability/openness to new experiences, achievement orientation, initiative, organizational awareness, self-awareness, humility, and empathy. 
  • Knowledge, skills and other capabilities normally acquired through a bachelor`s degree or equivalent and 12+ years of related experience.  

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. 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, please visit https://www.libertymutualgroup.com/about-lm/careers/benefits

 

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. 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: https://jobs.libertymutualgroup.com/diversity-inclusion

 

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?

We can recommend jobs specifically for you! Click here to get started.