Senior Underwriting Practice Consultant, Middle Market Independent Agents

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.

Description

This Senior Underwriting Practices Consultant/Officer is in support of a dynamic group called Middle Market Independent Agents (MMIA).  Reports to the Field Manager and Executive Underwriting Officer of MMIA.  The Senior Underwriting Officer, will work with the leadership team, deliver technical expertise, and serve as point of contact for the frontline underwriting teams, for all questions, key decisions, or referrals.  Team underwrites Package, Auto, WC, Umbrella and Multinational for $100K+ customers.

 

Responsibilities:

• Provides expert technical underwriting assistance and formal referral approval for multiple lines of business in industries such as Manufacturing, Wholesale, Professional Services, Emerging Markets and Other Services. Interacts independently with field underwriters and directly with UW managers on all mandatory referral cases and voluntary consultation items.

• Programs included guaranteed cost today and will include loss sensitive structures.

• Supports Executive Underwriting Officer on transactions and serves as trusted advisor in the areas of exposure, coverage analysis, and key pricing/financial elements within their authority. 

• Monitors frameworks for underwriting decisions (e.g., referrals, technical reviews) and recommends improvements, as needed.

• Evaluates portfolio performance regularly working with Underwriting Leaders to identify drivers of performance, risks, and opportunities.

• Drives UW technical excellence across Middle Market Independent Agent team, closely working with Underwriting Leaders to identify and resolve issues.

• Works with Underwriting Leaders to identify product and services enhancements, underwriter capability development opportunities (e.g., skills, tools), and elevates to Executive Underwriting Officer.  

• Models effective collaboration within/across teams, stakeholders and partners (e.g., UW Support, Claims, Actuarial, NA Product Teams).

Qualifications

• Expert-level knowledge of all aspects of coverage forms, exclusions, and exposure.  Pricing, structure, rating, rating plans, loss forecasting, credit risk, market knowledge, preferred. 
• Advanced knowledge of and experience operating within multi-line multi-SICs books is needed.  Experience with insurance operations; claims, finance and actuarial concepts; regulatory environment; loss control/risk engineering; reinsurance; account management; product development; and industry trends is preferred.
• Must be a skilled collaborator who is willing to assess all sides of an issue, bring in others with expertise, and independently execute and advance the collaboration model. 
• Other professional skills required include superior communication skills (written, verbal, presentation, listening); approachability; tact; coaching/development; analyzing and problem solving; relationship and service driven; clear solutions orientation and commitment to achieving segment operational and financial objectives; negotiation skills; and demonstrated ability to positively influence others both internally and externally (agents/brokers/customers) as required.
• Bachelor`s degree, 10 or more years of relevant experience that includes underwriting, claims, reinsurance, coaching/developing others, working with brokers/agents and currency with market trends and developments.

About Us

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 cent