Description Our Financial Lines Underwriting Team is seeking a highly motivated individual with strong analytical and sales skills to fill a Senior Underwriter opportunity on our Commercial D&O team in Chicago to focus o…
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Cost Manager / Quantity Surveyor – Data Center Construction
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Mid level
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$76k–$197k/yr
Full-time
bachelor degree, professional certificate
Flexible Time Off, Professional Development Opportunities, Employee Resource Groups, Health and Well-being Benefits
Posted 43d ago
~40 hrs/week
Responsibilities
Manage and grow the wholesale brokerage book of business for Commercial D&O, Employment Practices, and Fiduciary Liability product lines. This includes underwriting new and renewal business, negotiating policy terms, and maintaining strong relationships with Midwest wholesale brokers.
Requirements
Requires a degree in Business or equivalent and at least 2.5 to 3 years of progressive underwriting experience. Candidates should possess strong analytical skills and a proven track record of developing profitable business within the insurance sector.
Full job description
Description
Our Financial Lines Underwriting Team is seeking a highly motivated individual with strong analytical and sales skills to fill a Senior Underwriter opportunity on our Commercial D&O team in Chicago to focus on growing our wholesale brokerage book of business.
This position is a wholesale focused Senior underwriter role that will contribute to the growth and profitability of our Private, Not-For-Profit, and Public Directors & Officers, Employment Practices, and Fiduciary Liability product lines through marketing, underwriting, and general product management. Some risks may require special handling or unusual coverages, including manuscript policy development. The position demonstrates functional technical knowledge of relevant underwriting concepts, practices, procedures, and techniques, to include; coverage issues, multiple product lines, marketing, relevant systems, and competition in the market place. Strong Midwest wholesale broker relationships are required. Territory includes Midwest United States.
Depending upon experience, we could consider this a Senior or Executive Underwriter level position.
Job Responsibilities:
Underwrites targeted new and renewal business by reviewing and analyzing insured's (or prospective insured's) applications, financials, loss history, and all other pertinent information at the direction of the manager.
Reviews and negotiates policy terms and conditions.
Establishes and maintains strong professional and personal relationships with the regional wholesale brokerage community to facilitate growth of the
Financial Lines book, with the goal of driving new business and maintaining profitable/critical renewals.
Makes independent marketing calls to brokers and prospective insureds.
Contributes to the development of marketing plans, product analysis, services, geographic focus and broker intelligence.
Performs related duties as requested to include, report preparation, presentations, and special projects to assist in ensuring the success of the product line unit.
Qualifications
Degree in Business or equivalent typically required
A minimum of 2.5 years, typically 3 or more years, of progressive underwriting experience and/or other related experience
CPCU or professional insurance designation preferred
Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility that includes competence with all phases and aspects of the underwriting process, and proficiency in the use of qualitative and quantitative tools and techniques
Must demonstrate comprehension of complex technical underwriting issues and be capable of defining and implementing necessary underwriting and administrative processes/workflows to properly manage or administer those issues
Proven track record of developing and underwriting profitable business
About Us
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.
At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.
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. To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefits
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.
At Liberty Mutual, we believe progress happens when people feel secure. For more than 110 years we have helped people and businesses embrace today and confidently pursue tomorrow by providing protection for the unexpected and delivering it with care.
A Fortune 100 company with more than 40,000 employees in 28 countries and economies, we are the ninth largest global property and casualty insurer and generate more than $50 billion in annual consolidated revenue.
We operate through three strategic business units: US Retail Markets, providing auto, home, renters and other personal and small commercial lines property and casualty insurance to individuals and small businesses countrywide; Global Risk Solutions, delivering a full range of comprehensive commercial and specialty insurance, reinsurance and surety solutions to mid-size and large businesses worldwide; and Liberty Mutual Investments, deploying more than $100 billion of long-term capital globally across its integrated platform to drive economic growth, power innovation and secure Liberty Mutual’s promises.
For more information, visit www.libertymutualinsurance.com.
Offices: 175 Berkeley Street, Boston, MA 02116, US · 7900 Windrose Ave, Plano, Texas 75024, US · Safeco Plaza, 1001 4th Avenue, #3800, Seattle, WA 98154, US · 14050 N 83rd Ave, 100, Peoria, Arizona 85381, US · 4229 W Lake Mary Blvd, 100, Lake Mary, Florida 32746, US
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