Assistant Director, SC Product Underwriting

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.

*This position may have in-office requirements depending on candidate location*

As part of the UW Strategy team within Small CL Product Management, the Assistant Director, Product Analysis will partner with line of business product directors to support the high-impact UW strategy for our new product build outs and existing package, BOP, property, GL, and umbrella across our Small Commercial UW segments. 

The UW Strategy team is responsible for developing the Small Commercial underwriting strategy. We are focused on: 

1. Perpetually improving our UW ecosystem in the pursuit of excellence in risk selection outcomes
2. Providing our underwriters with tools and solutions that optimize efficiency and execution
3. Ensuring our appetite:

a.   Provides agency partners with solutions for a significant proportion of the market

b.   Supports our goal to consistently achieve target profitability

c.   Is simple and intuitive for internal and external users

Responsibilities:

• Lead the monitoring of managed product lines, analyzing data from underwriting rules and questions, customer feedback, and pass-through rates. Based on analysis, provide recommendations for system enhancements and adjustments to the underwriting strategy
• Support line of business product directors in managing high-visibility cross-functional projects to meet growth and profitability objectives for Small Commercial
• Assist line of business product directors by identifying opportunities to implement innovative solutions that refine risk selection capabilities, enhance UW efficiency, and improve ease-of-doing-business for agency partners
• Manage ongoing prioritization of underwriting asks, appropriately balancing business value & resource capacity
• Conduct comprehensive analyses of competitor strategies and market conditions
• Facilitate underwriting working groups to drive content creation & acceptance criteria development for high priority underwriting features for future product build outs
• Establish and manage wholistic project timelines, track progress of key milestones, and closely follow risks and dependencies for new product underwriting content creation
• Create ongoing feedback loop to keep UW stakeholders informed of project plans, upcoming deliverables, and "need to know" items
• Support high-impact line of business (LOB) UW strategy priorities
• Provide SME support on LOB underwriting questions from across the org

• Bachelor's degree in business, economics, or other quantitative field
• Minimum 6 years, typically 8 years or more of relevant work experience
• Master's degree beneficial
• Proficient in Excel, PowerPoint, and data analysis software (e.g., SAS, Access)
• Must have good planning, organizational, analytical, decision making and communication skills
• Experience managing projects preferred

As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.

At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.

We are proud to support a diverse, equitable and inclusive workplace, where all employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.

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: https://LMI.co/Benefits

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.

Fair Chance Notices

• California
• Los Angeles Incorporated
• Los Angeles Unincorporated
• Philadelphia
• San Francisco