Underwriting Manager
Posted on: 22 Mar 2021
Seattle, WA
Job Description
Builds expertise by selecting, developing and managing a unit of technically competent underwriters with multi-line expertise, confidence of judgment and deal orientation. Identifies and pursues opportunities for profitable growth in order to achieve a balanced, profitable and quality book while protecting Company assets. Develop and maintain effective business relationships with distribution and service partners. Applies an advanced level of expertise and judgment to analyze data prepared by underwriters and provides approval for risk selection and acceptance, coverage, and price for multi-line business.
Responsibilities:
* Leadership: Responsible for the acquisition, retention and development of underwriting talent. Formally manages, guides, mentors, and coaches underwriters in both technical and professional skills. Fosters an environment conducive to continuous improvement and root cause problem solving activities.
* Risk Selection: Responsible for implementing a strategy to better evaluate risk quality and further UWs skillset in qualifying, selecting and assessing risk.
* Agent/Broker Relationships: Fosters relationship management with key Agents and Brokers. Develops underwriter negotiation, communication and general deal making skills.
* Portfolio Management: Evaluates portfolio performance based on profitability metrics, multiline diversification, reinsurance, production metrics and industry trends.
* Quality Audit and Account Review: Ensure files meet regulatory requirements and internal documentation standards. Coaches underwriters to articulate thought process, decision making within both account reviews and file documentation.
Qualifications:
* High level understanding of commercial property & casualty products; insurance operations; finance and actuarial concepts; regulatory environment; reinsurance; account management; underwriting; and producer management
* Skills required include analyzing and problem solving; adaptability; decision making, building relationships; working effectively with others; communicating effectively; negotiation; influencing others; applying financial acumen; focusing on service; executing well
* Planning and organizing work; and achieving results
* Advanced degree or equivalent training preferred, CPCU designation (or equivalent), 7+ years of relevant experience
Liberty Mutual Insurance
Boston, MA
Liberty Mutual Group, Inc., through its subsidiaries, provides insurance products and services for individuals, families, and businesses. It offers personal insurance for private passenger automobiles, homeowners, and other property and casualty insurance products; life insurance and annuities; term and permanent life insurance products and services; and specialty and commercial insurance products, including casualty, marine, construction, energy, directors and officers, trade credit, professional liability, aviation, property, and crisis management.
The company also provides property and casualty insurance products and services that include business owner’s policy and packages, commercial auto insurance, equipment breakdown insurance, excess liability insurance, general liability insurance, inland marine insurance, property insurance, reinsurance, specialty programs, surety bonds, third-party administration, umbrella insurance, employee benefits, and workers compensation insurance.
It serves agriculture, farm, building maintenance, construction, education, energy, financial services, food and beverage manufacturers, healthcare, hospitality, manufacturing, public entities, printing and publishing, real estate, religious organizations, restaurants, retail, transportation, and wholesale industries. In addition, the company provides risk control and claim services.
It offers its products online and through agents worldwide. Liberty Mutual Group, Inc. was incorporated in 1912 and is based in Boston, Massachusetts with additional offices worldwide. It also has operations in Latin America, Europe, and the Asia Pacific. Liberty Mutual Group, Inc. operates as a subsidiary of LMHC Massachusetts Holdings, Inc.
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IndustryInsurance
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No. of Employees50,000
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Jobs Posted903
