Underwriter – Construction – CM
About Liberty Mutual Group
“Helping people live safer, more secure lives” since 1912, Boston-based Liberty Mutual Group is a diversified global insurer and third largest property and casualty insurer in the U.S. based on A.M. Best Company’s report of 2010 net written premium.
The Group also ranks 82nd on the Fortune 100 list of largest corporations in the U.S.
based on 2010 revenue. As of December 31, 2010, Liberty Mutual Group had $112.4 billion in consolidated assets, $95.4 billion in consolidated liabilities, and $33.2 billion in annual consolidated revenue.
Liberty Mutual Group offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, property, commercial automobile, general liability, global specialty, group disability, reinsurance and surety.
Liberty Mutual Group (www.libertymutualgroup.com) employs over 45,000 people in more than 900 offices throughout the world.
Advance Your Underwriting Career at Liberty Mutual - A Fortune 100 Company!
Would you like to be part of a newly-consolidated construction operation in Liberty Mutual' s Commercial Markets that will underwrite all middle market and large account construction business? Our underwriting operation lets agents and brokers access our specialized knowledge of construction risk and local decision making throughout Commercial Markets' account-size spectrum. It's an excellent opportunity for a talented commercial insurance underwriter with construction expertise, confidence of judgment and deal orientation.
Responsibilities:
In this challenging role, you will:
·Develop and maintain effective business relationships with internal and external clients; collaborate with Distribution to create and execute plan to manage the agent/broker relationship
·Visit brokers and customers to retain existing accounts, maintain business relationships and develop new opportunities in your territory.
·Review engineering information, visit job sites to assess exposures, risk quality and compliance within company guidelines.
·Communicate and collaborate across the organization- such as Claims, Product Management, Loss Control, Legal, Credit, and Production-- to provide solutions/recommendations and achieve organizational success.
·Evaluate reinsurance requirements and implement appropriate action.
****Currently, we have opportunities for underwriters with different levels of experience (ranging from intermediate to expert) in six locations: Weston, MA; Charlotte, NC; Warrenville, IL; Alpharetta, GA; Irving, TX; and San Ramon, CA.****
Qualification:
The ideal candidate is a highly knowledgeable and disciplined underwriter with experience managing construction risks and a track record of growing a book of business that performs well over the long term.
- Excellent knowledge of commercial insurance coverages, contracts and underwriting guidelines as normally acquired through at least 3 years of experience
- Ability to make good business decisions based upon a mixture of analysis, wisdom, experience, and judgment.
- Strong communication and influencing skills to build immediate credibility, both internally and externally; an ability to present effectively to a wide range of audiences
- Ability to negotiate skillfully in tough situations with both internal and external groups; gains trust of others and has a good sense of timing
- Bachelor's degree
- Insurance specific designations (e.g. CPCU, CRIS) desired
Benefits:
We recognize that talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason we offer a Comprehensive Benefits Plan that includes the following:
- 401K and Company paid pension plan
- Medical coverage
- Dental coverage
- Paid time-off
- Pay-for-Performance
- Discounts on automobile and homeowner's insurance
- Discount fitness memberships
- Flexible spending accounts
- Tuition reimbursement
- Vision care coverage
- Work/Life resources
- Credit Union membership
- Employee and Dependent life insurance
- Disability insurance
- Long-term care insurance
Overview:
We believe strongly that commercial success can be achieved in a manner consistent with principles and ideals that bind us together as one company, that set us apart from our competitors, and that in the end will allow us to say we have succeeded commercially by doing the right thing the right way.
We believe that the Company's success is inextricably linked to our employees' satisfaction and success: satisfaction that they work for an industry leader committed to improving safety, satisfaction that they work for a company that does the right thing, and satisfaction that the company will reward them for their contributions and provide opportunities for personal growth and success.
We believe our employees take pride in knowing that they help people live safer more secure lives everyday.
Additional Information:
- Travel Percentage: 25%