Wholesale Management Liability Executive Underwriter
4 days ago
Description
Our Financial Lines Underwriting Team is seeking a highly motivated individual with strong analytical and sales skills to fill an Executive 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 executive 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.
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.
- Degree in Business or equivalent typically required
- A minimum of 7 years expected, typically 10 years or more, of progressive underwriting experience and/or other related business experience
- RPLU or professional insurance designation preferred
- Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility
- Demonstrated ability to communicate complex analyses and information in understandable written and/or oral directives to other persons in the organization for underwriting or training purposes
- Demonstrated effective communication and interpersonal skills in dealing with internal and external stakeholders
- Must demonstrate comprehension of most 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
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.
As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.
We are dedicated to fostering an inclusive environment where employees from all backgrounds can build long and meaningful careers. By actively seeking employee feedback and amplifying the voices of our seven Employee Resource Groups (ERGs), which are open to all, we create an environment where every individual can make a meaningful impact so we continue to meet the evolving needs of our customers.
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.
Fair Chance Notices
- California
- Los Angeles Incorporated
- Los Angeles Unincorporated
- Philadelphia
- San Francisco
-
Executive Underwriter, Westchester
6 days ago
Chicago, Illinois, United States Chubb Full time $110,000 - $170,500 per yearJob DescriptionWestchester Environmental is looking for an applicant to fill the position ofExecutive Underwritersupporting our Mid-West Region. Westchester Environmental writes both contractors and consultants across multiple industries. This underwriter will be charged with directly underwriting, managing, and growing a book consisting mainly of...
-
Chicago, Illinois, United States Liberty Mutual Insurance Full time $80,000 - $140,000 per yearDescription The role is for a primary general liability and excess casualty lines underwriter that focuses on E&S accounts written with wholesalers in the Central Region. Underwrites policies within underwriting authority, with limited guidance from leadership as needed. Makes decisions on whether to underwrite business by making analytical, data-driven...
-
Senior Underwriter
6 days ago
Chicago, Illinois, United States AmTrust Financial Full time $92,000 - $130,000 per yearOverview:Senior Underwriter – AmTrust E&S Insurance Services. This underwriting position is designed for an individual with a minimum of seven (7) years of E&S (excess & surplus lines experience) writing medium to high hazard general liability insurance. Knowledge of ISO coverage forms. Individual account underwriting is required for hazard analysis,...
-
Chicago, Illinois, United States Liberty Mutual Insurance Full time $104,000 - $160,000 per yearDescription The Senior Underwriter will underwrite Lawyers Professional Liability (LPL) policies within underwriting authority, with guidance from leadership as needed. Makes decisions on whether to accept or decline risks and on appropriate terms by applying analytical, data-driven judgment to submissions, including pricing, limits, retentions, and...
-
Chicago, Illinois, United States AIG Full time $73,000 - $97,000Join us as an Underwriter II, Professional Liability/Cyber, Financial Lines to grow your career at the forefront of commercial insurance.Make your mark in UnderwritingAIG Underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. We are reimagining how we help...
-
Senior Underwriter
4 days ago
Chicago, Illinois, United States Old Republic Inland Marine Full time $80,000 - $120,000 per yearTitle:Senior UnderwriterReports To:Vice President, ORIMDepartment:UnderwritingLocation/Schedule:Chicago/Hybrid, 3 days in-office or RemoteClassification:Full-Time/ExemptWho We Are:Old Republic International Corporation (ORI), which traces its beginning to 1923, is a Fortune 500 company and one of the nation's 50 largest shareholder-owned insurance...
-
Retail Excess Casualty Underwriter
9 hours ago
Chicago, Illinois, United States The Hartford Full timeExecutive Underwriter - UW07CDSenior Underwriter - UW08CAWe're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.We're in the business...
-
Underwriting Specialist
2 days ago
Chicago, Illinois, United States Allianz Commercial Full time $100,000 - $150,000 per yearWe are looking for an Underwriting Specialist – Property to join our team in Chicago, Illinois.Your TeamAllianz Commercial (AzC) specializes in corporate property insurance for the most complex and challenging risk exposures in more than 200 countries and territories. With a focus on larger international risk portfolios, we offer tailor-made 'All Risks'...
-
Chicago, Illinois, United States Stellantis Full time $98,600 - $148,000 per yearMopar is seeking a strategic and driven Wholesale Manager to lead wholesale parts operations across our dealer and distributor network. This role is focused on expanding wholesale parts sales, strengthening relationships with large wholesale dealers and distributors, and growing mechanical wholesale business with independent repair facilities (IRFs). The...
-
Director of Underwriting
3 days ago
Chicago, Illinois, United States Lendr Full time $75,000 - $90,000 per yearAt Lendr, we are on a mission to redefine the lending landscape, and we're seeking a**Director of Underwriting** to lead our underwriting team in achieving excellence andprofitability through innovative solutions. This pivotal role involves planning,coordinating, monitoring, analyzing, and evaluating our underwriting operations tosupport both new and...