2 jobs found

Executive Underwriter, Inland Marine Join Liberty Mutual Insurance as an Executive Underwriter in the Inland Marine team. Base pay range: $81,000 - $225,000 per year. Description As an Inland Marine Underwriter on the GRS Inland Marine team, you will underwrite a diversified book of inland marine with a focus on Builder's Risk and Construction Property. You'll partner with agents, brokers, risk engineers and claims to evaluate complex, high value placements and use analytics and underwriting judgment to price risk, set terms, negotiate deals, and manage account performance. Responsibilities Manage a portfolio of inland marine accounts, with emphasis on Builder's Risk, including project based policies. Analyze construction schedules, project values, contract types, contractor quality, site conditions, testing & commissioning exposures, soft costs and delay in start up exposures to develop pricing and terms. Underwrite a full range of inland marine products (e.g., builders' risk, contractors' equipment, installation/erection, etc.) and tailor coverage forms, limits, sublimits, endorsements. Partner with risk engineers to identify loss drivers and actionable loss control recommendations 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. Qualifications Experience: 5+ years of relevant experience. Experience with Inland Marine or multi line insurance products. A desire to interact with brokers, agents and Liberty customers. Skills Analytical, problem solving capabilities. Strong territory management skills. Excellent communication skills. Ability to develop a marketing plan and travel to meet regularly with key business contacts. Ability to build rewarding relationships with agents and brokers. Knowledge Command of insurance finance and actuarial concepts. Thorough knowledge of commercial insurance products, underwriting, risk selection, pricing, marketplaces and regulatory issues. Understanding of contract language including regulatory and policy differences among applicable states. Familiarity with continuous improvement processes and tools. Education A bachelor's degree in a related field. 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 salary range reflects the competitive labor market and opportunities for progress. Some roles may include commission and/or bonus earnings. About Liberty Mutual We create a workplace where everyone feels valued, supported and can thrive. We embrace inclusion, offer comprehensive benefits and professional development, and provide opportunities through Employee Resource Groups. Benefits To learn more about our benefits, visit Equal Employment Opportunity 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 any other basis prohibited by law. Fair Chance Notices California Los Angeles Incorporated Los Angeles Unincorporated Philadelphia San Francisco

A leading insurance company is seeking an Executive Underwriter for its Inland Marine team in Chicago. You will manage a diverse portfolio with a focus on Builder's Risk, partner with agents to assess risk, and ensure effective underwriting. The ideal candidate will have over 5 years of experience in relevant insurance products, strong analytical skills, and the ability to build relationships. The position offers competitive pay, with a base salary ranging from $81,000 to $225,000 annually.