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Skills: Risk Evaluation, AI Tools, General Liability Insurance, Umbrella Insurance, Excess Insurance
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$46k–$84k/yr
Full-time
associate degree, bachelor degree
Comprehensive Benefits, Workplace Flexibility, Professional Development Opportunities, Employee Resource Groups, Flexible Time Off
Posted 21d ago
~40 hrs/week
Responsibilities
The role involves gathering and analyzing data for pricing models to support underwriters in risk evaluation for new and renewal business. It also requires managing the account workflow from clearance to policy issuance while providing high-quality service to brokers and agents.
Requirements
Candidates should have 2 or more years of related work experience and preferably hold an associate or bachelor's degree. Essential capabilities include critical thinking, detail orientation, and the ability to learn new information quickly.
Full job description
Description
This is a hybrid position. Candidates within 50 miles of select offices are expected in-office 2 days/Week
Responsibilities:
This is an entry level position within the Account Analyst job family, with a goal of acquiring a basic understanding of risk evaluation on new and renewal business.
Proficient with AI tools and manage general liability, umbrella and excess insurance policies.
Gathers, organizes and enters information into pricing models; and performs the initial analysis of exposure, loss and coverage for the underwriter.
Supports the underwriter and agent/broker with highly responsive service by managing the workflow from clearance through policy issuance and file documentation.
Coordinates service requests in a timely manner.
Deconstructs submissions by identifying, gathering and entering information into systems, pricing tools and models; flagging referral triggers, and initiating/managing requests to internal service providers (e.g., rating).
Gathers, analyzes and ensures the accuracy of pricing and proposal information (rating and pricing tool output, proposal language, coverage forms and endorsements, financial and legal agreements and offer/ disclosure /election forms) used by the underwriter to complete the coverage review, hazard analysis, pricing strategy and proposal.
Provides customer service to brokers and agents to facilitate the processing of business; answers questions, resolves problems on topics such as policy transactions, billing, and service needs.
Executes post-sale account management workflow, including initiation of billing, policy issuance, acquisition of account agreements and file documentation.
Initiates pre-renewal communications via conditional/non-renewal notice draft when necessary.
Supports the underwriter with mid-term account reviews / stewardship, ongoing service, service planning and endorsements.
Qualifications
Capabilities include critical thinking/problem solving, decision making, customer focus, detail orientation, written/verbal communications, organization, adaptability, courtesy, dependability and ability to learn/apply new information quickly and accurately.
Knowledge, skills and capabilities typically acquired through 2 or more years of related work experience.
Associates or bachelor’s degree preferred
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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