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Senior Underwriter, Small Commercial

Liberty Mutual

Senior Underwriter, Small Commercial

Liberty Mutual

Naperville, Illinois, United States; Chicago, Illinois, United States; Milwaukee, Wisconsin, United States; Madison, Wisconsin, United States; Indianapolis, Indiana, United States; West Lafayette, Indiana, United States; South Bend, Indiana, United States; Rockford, Illinois, United States; Indianapolis, Indiana, United States

·

On-site

·

Full-time

·

3w ago

  • Strategic Account Manager: As part of your portfolio strategy, you'll ensure a profitable book of Property and Casualty insurance by writing new accounts with premiums of $100,000 and below, and growing successful agent and broker relationships and pursuing renewals Problem solver: You'll crunch the numbers and review the data to determine risk selection, premiums, policies and conditions, as well as identify opportunities for improved growth, profit and diversification Clear communicator: You'll maintain and nurture successful relationships with agents and brokers, while presenting proposals, negotiating deals and obtaining approvals Collaborative teammate: Contributing to overall team success, you'll mentor underwriters in both a technical and professional capacity sharing best practices and identifying opportunities for continuous improvement Conscientious professional: Understanding that the deal isn't done until the paperwork is complete, you'll document account reviews, state-compliant sign-offs and referrals, letters of authority and follow underwriting guidelines What you've got: 3-5+ years of relevant commercial lines underwriting experience

Experience: with multi-line insurance products Analytical, problem-solving capabilities Strong territory management skills Excellent communication skills An aptitude for building rewarding relationships with agents and brokers, peer underwriters and underwriting assistants 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 Chartered Property Casual Underwriter or other professional insurance designation preferred

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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