Underwriter

Our Financial Lines Underwriting Team is seeking a highly motivated individual with strong analytical and sales skills to fill an Underwriting opportunity on our Commercial D&O team in Chicago to focus on growing our retail brokerage book of business.

This is a hybrid position. Candidates within 30 miles of Chicago, IL office are required to report onsite twice a week. Please note this policy is subject to change. 

Job Summary:

This position is a production underwriting role that will contribute to the growth and profitability of our Private, Not-For-Profit, and Public Directors & Officers, Employment Practices, and Fiduciary Liability product lines through marketing, underwriting, and general product management. Some risks may require special handling or unusual coverages, including manuscript policy development. The position demonstrates functional technical knowledge of relevant underwriting concepts, practices, procedures, and techniques, to include; coverage issues, multiple product lines, marketing, relevant systems, and competition in the market place. Territory includes all traditional Midwest states.

Job Responsibilities:

• Underwrites targeted new and renewal business by reviewing and analyzing insured's (or prospective insured's) applications, financials, loss history, and all other pertinent information at the direction of the manager.
• Reviews and negotiates policy terms and conditions.
• Establishes and maintains strong professional and personal relationships with the regional retail brokerage community to facilitate growth of the Financial Lines book, with the goal of driving new business and maintaining profitable/critical renewals.
• Makes independent marketing calls to brokers and prospective insureds.
• Contributes to the development of marketing plans, product analysis, services, geographic focus and broker intelligence.
• Communicates with other product line underwriters across Liberty Mutual to provide comprehensive “all lines” whole account solutions where possible.
• Performs related duties as requested to include, report preparation, presentations, and special projects to assist in ensuring the success of the product line unit.

• BA/BS degree or equivalent experience (insurance experience preferred).
• 1-5 years of underwriting or relevant experience required.
• Knowledge of Personal Lines' products and contract knowledge preferred.
• Proficient in underwriting and thorough knowledge of regulatory and policy differences among states in which business is transacted.
• Strong negotiation skills preferred.
• Actively working toward professional designation(s) preferred.
• Proficient PC skills and capable of working multi-faceted systems.
• Ability to effectively and independently manage work load while exhibiting good judgment.
• Strong verbal communication and phone skills.
• Excellent grammar and written communication skill required.
• Must have strong relationship building skills with agents and other departments and exemplify teamwork.

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.

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 dedicated to fostering an inclusive environment where employees from all backgrounds can build long and meaningful careers. By actively seeking employee feedback and amplifying the voices of our seven Employee Resource Groups (ERGs), which are open to all, we create an environment where every individual can make a meaningful impact so we continue to meet the evolving needs of our customers.

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.

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