Excess Casualty Underwriting SpecialistTitle: Excess Casualty Underwriting Specialist
Location: US-WA-Seattle
Other Locations:
Advance Your Underwriting Career at Liberty Mutual - A Fortune 100 Company
Our underwriters focus on answering two fundamental questions. Should we write a policy for a particular customer? What is a fair price for the risk that we would incur by writing the policy? On the surface, these questions may seem straightforward, but as a Liberty Mutual underwriter, you will possess a curiosity that propels you to dig a little deeper for the answers. You will rely on your strong analytic, communication, and negotiation skills and thrive in a fast-paced, collaborative environment. Underwriters are natural problem solvers who want to know our customers and how we can profitably accept the risks that our policies cover.
Are you looking for a Commercial Underwriting opportunity with a responsible company that has consistently outpaced the industry in year over year growth? We have an excellent underwriting opportunity available. As an Excess Casualty Underwriting Specialist you will work to manage assigned agencies, select profitable risks and build a profitable portfolio of accounts. In addition to a wide range of benefits, as a direct employee, your insurance education and training are paid by us.
Liberty Agency Underwriters, headquartered in Fairfield, OH, is a Liberty Mutual Agency Corporation company and a member of Liberty Mutual Group. Liberty Mutual Agency Corporation consists of property and casualty and specialty insurance carriers that distribute their products and services primarily through independent agents and brokers. Liberty Mutual Group ranks 71st on the Fortune 500 list of the largest U.S. corporations based on 2009 revenues.
Job Summary: To ensure a profitable book of new and renewal business through field underwriting by appropriately pricing acceptable risks and rejecting those that are not acceptable within authority limits established. To market company products and services to critical agents with frequent visits and to participate in the agency management process.
Responsibilities:
* Within delegated authority levels and company guidelines, accepts, rejects or modifies new and renewal business for all excess casualty to ensure a profitable book of business. Prices business according to company underwriting and pricing guidelines within individual underwriting authority limits, and ensures standards for timeliness are met. Expected to maintain frequent physical visit schedule and telephone relationships with all assigned agents.
* Markets products through critical agent contacts to achieve company growth and profitability targets. Develops on-going relationships with agents, monitors agency growth, profitability and quality of submissions, and keeps agent up-to-date with underwriting and/or product changes. Expected to communicate relationship issues and salient business situations with the underwriting team including the branch manager.
* Is assigned to handle and manage the most complex books of new and renewal business to maximize profitability and growth.
* Gathers and communicates competitive excess casualty marketing data including pricing and product information and product development opportunities. Promotes the company's public image by actively seeking out opportunities to speak to insurance-related groups and by networking within the insurance community to keep abreast of changes in the industry. Maintains professional qualifications by participating in continuing education programs.
* Provides guidance to subordinate underwriters if appropriate.
* Identifies and works with commercial lines underwriting team on any commercial lines rollover opportunities and develops rapport and relationship with such to actively solicit opportunities from such.
* Trains, coaches, and serves as technical resource to other underwriters and associate underwriters. Can assist a Territory Manager in training new agencies or instructing new agents on LAU products, processes, underwriting policies and standards, etc.
* May perform rating and other support functions as needed.
Qualifications:
* Bachelors degree or equivalent.
* 5 years commercial lines underwriting experience.
* Strong communication, interpersonal, negotiation and sales skills.
* Superior technical commercial lines knowledge (casualty emphasis) and analytical skills, field experience preferred.
* Proficiency with MS Office programs.
* Ability to form relationships with agents, producers, CSRs, etc.
* Ability to be self-motivated.
Benefits:
We recognize that talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason we offer a Comprehensive Benefits Plan that includes the following:
* 401K and Company paid pension plan
* Medical coverage
* Dental coverage
* Paid time-off
* Pay-for-Performance
* Discounts on automobile and homeowner's insurance
* Discount fitness memberships
* Flexible spending accounts
* Tuition reimbursement
* Vision care coverage
* Work/Life resources
* Credit Union membership
* Employee and Dependent life insurance
* Disability insurance
* Long-term care insurance
Overview:
We believe strongly that commercial success can be achieved in a manner consistent with principles and ideals that bind us together as one company, that set us apart from our competitors, and that in the end will allow us to say we have succeeded commercially by doing the right thing the right way.
We believe that the Company's success is inextricably linked to our employees' satisfaction and success: satisfaction that they work for an industry leader committed to improving safety, satisfaction that they work for a company that does the right thing, and satisfaction that the company will reward them for their contributions and provide opportunities for personal growth and success.
We believe our employees take pride in knowing that they help people live safer more secure lives everyday.
Responsibility. What's your policy?
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