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Executive Underwriter, Inland Marine

Liberty Mutual

Executive Underwriter, Inland Marine

Liberty Mutual

Chicago, Illinois, United States

·

On-site

·

Full-time

·

2mo ago

Manage a portfolio of inland marine accounts, with emphasis on Builder's Risk, including project-based policies (single project and Master Builder's Risk programs.

Analyze construction schedules, project values, contract types (GC/CM, Design-Build, EPC), contractor/subcontractor quality, site conditions, testing & commissioning exposures, soft-costs and delay-in-start-up exposures to develop appropriate pricing and terms.

Underwrite a full range of inland marine products (e.g. builders' risk, contractors' equipment, installation/erection and tailor coverage forms, limits, sublimits, and endorsements to client needs.

Partner with risk engineers to identify loss drivers and actionable loss-control recommendations (security, temporary protections, hot-work controls, commissioning protocols) and incorporate these into bind conditions.

Use data, analytics and field intelligence to set premiums, monitor portfolio profitability, and identify cross-sell and diversification opportunities Maintain clear, responsive relationships with brokers and agents; present proposals, obtain approvals and close business Document underwriting rationale and comply with underwriting guidelines, authority limits and governance processes. 5 + years of relevant experience

Experience: with Inland Marine or multi-line insurance products A desire to interact with brokers, agents and Liberty customers Analytical, problem-solving capabilities Strong territory management skills Excellent communication skills The ability to develop a marketing plan to travel and meet regularly with key business contacts both internal and external An aptitude for building rewarding relationships with agents and brokers, peer underwriters and underwriting assistant Command of insurance finance and actuarial concepts Thorough knowledge of commercial insurance products, underwriting, risk selection, pricing and marketplaces, as well as regulatory issues in relevant territories Understanding of contract language, including regulatory and policy differences among applicable states Familiarity with continuous improvement processes and tools A bachelor's degree in a related field

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About Liberty Mutual

Liberty Mutual

Liberty Mutual is a diversified global insurer and the sixth-largest property and casualty insurer in the United States. The company provides personal and commercial insurance products including auto, home, life, and business coverage.

10,001+

Employees

Boston

Headquarters

Reviews

3.4

10 reviews

Work Life Balance

2.8

Compensation

3.7

Culture

3.4

Career

3.6

Management

3.2

55%

Recommend to a Friend

Pros

Great training programs

Good pay and benefits

Supportive management

Cons

High workloads with little relief

Stressful work environment

Slow decision making processes

Salary Ranges

3,207 data points

Junior/L3

Junior/L3 · Analyst

1 reports

$108,905

total / year

Base

$94,700

Stock

-

Bonus

-

$108,905

$108,905

Interview Experience

8 interviews

Difficulty

2.4

/ 5

Duration

14-28 weeks

Offer Rate

25%

Experience

Positive 25%

Neutral 50%

Negative 25%

Interview Process

1

Application Review

2

HR Screen/Phone Interview

3

Technical/Behavioral Interview

4

Panel/Hiring Manager Interview

5

Offer

Common Questions

Behavioral/STAR

Technical Knowledge

Past Experience

Culture Fit