Underwriting Officer

Company: Liberty Mutual Insurance
Location: Boston
Posted on: February 18, 2025

Job Description:

Schedule: Full-Time Salary Range: USD $146000.00 - $374000.00 Job Category: Underwriting 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 The Executive Underwriting Officer, Global Risk Solutions (GRS) North America (NA) Specialty Casualty, will report to the NA Casualty Chief Underwriting Officer (CUO). Coordinates across teams of technical directors and product line managers and is accountable for driving coordinated underwriting strategy for GRS NA Specialty Casualty and Excess & Surplus (E&S) Casualty lines. Responsible for sharing technical expertise through transactional support, consultation, training, and audits across E&S and Specialty Casualty lines. Responsibilities: Strategy & Planning: Supports underwriting strategy and annual financial plan, aligned with upstream GRS NA strategies and plans Partners with NA Specialty profit center leaders/CUOs/product line managers and Casualty CUO to set underwriting strategy and monitors performance of plans for pricing, risk origination, market segmentation and risk selection Oversees the collation of product information to inform planning and tracks progress against the defined plan and strategy Execution: Models effective collaboration across teams, stakeholders, and partners. Ensures local presence of technical experts within each profit center is integrated into office of underwriting infrastructure and resources. Participates as a member of product boards and practice groups across NA & globally Provides subject matter expertise and advisory support to the Casualty CUO as well as profit center leaders/CUOs and product line managers for complex referrals or unusual market developments Manages authority and referrals at the profit center level, where delegated by the CUO, with authority to resolve issues locally where appropriate Monitors execution of Specialty Casualty and E&S Casualty underwriting strategy and portfolio performance against plan; supports the Casualty CUO in any referral(s) escalated UW Capability Development: Drives technical excellence across Specialty Casualty and E&S Casualty, working with underwriting leaders to identify and resolve issues Works with underwriting leaders to identify product and services enhancements, underwriting capability development opportunities (e.g., skills, tools), and elevates to Casualty CUO Qualifications Strong emphasis on experience with E&S Casualty underwriting leadership and/or product management, with expert understanding of E&S Casualty market and trends, competitor landscape and legal and regulatory environment. Experience with setting underwriting strategy and portfolio management Product, pricing & underwriting expertise in Commercial and Specialty Lines Has extremely strong technical knowledge of key trends impacting area(s) of underwriting expertise Leader with a strategic mindset and demonstrated relationship-building ability that provides direction for the underwriting operations Strategic and growth mindset, able to learn and teach. Adaptable and able to manage competing priorities. Detail oriented with strong organizational skills. 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 centralized, open space to bring employees and allies together to connect, learn and engage. 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. 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. Fair Chance Notices California Los Angeles Incorporated Los Angeles Unincorporated Philadelphia San Francisco Employment Type: Full Time

Keywords: Liberty Mutual Insurance, Boston , Underwriting Officer, Other , Boston, Massachusetts