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Underwriter lll, Ocean Marine Cargo

Location
Boston, Massachusetts
Job Type
Permanent
Posted
1 Aug 2022
As a Maine Cargo Underwriter you will be responsible for a profitable book of insurance business by marketing, managing, underwriting, and appropriately evaluating the acceptability of risks within delegated authority levels. Partners with agents to manage a moderately complex book of commercial business or agency relationships. Demonstrates decision-making authority, recommending quality exceptions where appropriate to maximize profitability and meet business plans. Supports marketing activities to agents and actively participates in the agency management process. Responsible for working with and protecting confidential and proprietary customer and Company information.

This role is being offered as a Hybrid role in the NYC market.

Risk Selection: Reviews, rates, underwrites, evaluates, or assesses the business applying for insurance by qualifying accounts, identifying, selecting and assessing risks, determining the premium, policy terms and conditions, obtaining approvals, creating/presenting the proposal to the agent/broker, and successfully negotiating deals.
Agent/Broker Relationships: Establishes, develops, and maintains successful relationships with Agents and Brokers to facilitate marketing of products and services by providing stewardship with service partners, including initial setup of service commitments, and regular visits. Develops strong personal brand to build and maintain a long term quality pipeline with Agents/Brokers.
Portfolio Management: Manages a book of business by analyzing the portfolio, identifying areas of opportunity for improved growth, profit and diversification, and executing marketing plans to increase market share with preferred brokers.
Documenting the Deal: Documents files in a way that reflects a solid thought process and decision making through comprehensive account reviews, sign-offs and referrals that comply with state regulations, letter of authority, and underwriting guidelines.
Leadership: Serves as active member of team, contributing expertise when able to peer underwriters and account analysts in both technical and professional skills.
Continuous Improvement: Actively participates in continuous improvement by generating suggestions, participating in problem solving activities and using continuous improvement tools to support the work of the team.

Knowledge of insurance products/coverage, underwriting, pricing, risk selection, market segments and marketplace; insurance finance and actuarial concepts; loss control/risk engineering; marketing techniques, regulatory environment and reinsurance; knowledge of territory management. Ability to apply underwriting/appetite, tools, systems, and resources to achieve goals, solve complex problems, establish and build healthy working relationships, and negotiate as normally acquired a related bachelor's degree, two to five years of relevant experience preferred; Actively pursuing professional insurance designation(s).

A little about us

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.

Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work US for the past several years. We were also named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates-as well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit:

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:

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.

Bachelor's Degree

13
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Details

  • Job Reference: 673983022-2
  • Date Posted: 1 August 2022
  • Recruiter: Liberty Mutual Insurance
  • Location: Boston, Massachusetts
  • Salary: On Application
  • Sector: Insurance & Superannuation
  • Job Type: Permanent