Commercial Lines Underwriting Manager - MRO

Liberty Mutual Agency Markets, a business unit of Liberty Mutual Group, consists of property/casualty and specialty insurance carriers that distribute their products and services primarily through independent agents and brokers. The companies of Liberty Mutual Agency Markets provide a broad array of core property and casualty products, including a comprehensive set of personal and commercial coverage, which are available in most states. As of December 31, 2007, Liberty Mutual Group had $94.7 billion in consolidated assets, $82.3 billion in consolidated liabilities and $25.9 billion in annual consolidated revenue. Liberty Mutual ranks 94th on the Fortune 500 list of largest U.S. corporations based on 2007 revenue, and is the sixth-largest property and casualty insurer in the U.S. based on 2006 direct written premium. Liberty Mutual Group today employs over 41,000 people in more than 900 offices throughout the world. Advance your Underwriting career at Liberty Mutual - A Fortune 100 Company!   This leadership opportunity will direct a group of underwriters and assistants in underwriting quality business. Responsibilities: Supervise the day-to-day underwriting operations by establishing priorities, scheduling and assigning work, adjusting schedules when necessary to meet completion dates, and assisting others with resolving complex problems while ensuring adherence to underwriting standards and objectives.  Conduct underwriting audits and other technical quality review programs. Analyze qualitative and quantitative data prepared by underwriters and uses letters of authority to provide approval for risk selection and acceptance, coverage, and price.  Recommend creative alternatives in regards to rating plans, coverages, and payment plans. Actively manages team to deliver timely, high quality and profitable products and services to assigned agents.  Hire and train team members.  Use the objective setting and performance evaluation processes to ensure employees understand the expectations, receive regular feedback, have professional development plans and are appropriately rewarded.  Deal decisively with performance and/or conduct issues using the performance management process. Develop and maintain effective business relationships with internal and external clients in order to attract, develop and retain profitable business for assigned book of business.  Interpret, explain and market all products and services.  May interact frequently with brokers and/or agents. Participate with senior management in department and business unit-wide initiatives around product development, processes, underwriting policy and strategy; recommend/implement changes to improve productivity, profitability, growth and the quality of assigned book of business. Analyze quality and quantity of risks underwritten and prepares reports accordingly.  Review segment profit/growth results and trends to recommend and implement action plans to produce profitable underwriting results.

 

Qualifications: Bachelor's degree or equivalent training, plus at least 7 years of progressively more responsible property/casualty underwriting and book of business management experience required. CPCU/AU designation highly preferred. Ability to organize, lead and get work done through others; in depth knowledge of insurance, products and marketing techniques, insurance contracts, funding and rating Avanced analytical skills to interpret business information drawn from multiple sources to make critical account decisions regarding quality of risk Effective interpersonal skills need to create and expand partnerships with internal and external customers as well as to influence the way business partners think, feel, or behave.

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.

 

Responsibility. What’s your policy?