Senior Underwriter, Life Sciences
Liberty Mutual
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- ID
- 2024-65244
- Position Type
- Full-Time
- Minimum Salary
- USD $73,700.00/Yr.
- Maximum Salary
- USD $192,500.00/Yr.
- Typical Starting Salary
- $94,000 - $162,000
- Flexible Time Off Annual Accrual - days
- 20
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.
Description
This underwriting position is for a Life Sciences underwriter within Liberty Mutual / Ironshore Healthcare. This underwriter will focus on Products and Professional Liability for Life Sciences customers. Underwrites policies within underwriting authority, with limited guidance from leadership as needed. Makes decisions on whether to underwrite business by making analytical, data-driven decisions based on data and information provided, including pricing the risk. In parts of North America more likely to underwrite complex/unusual policies - or those of high individual line size - policies assessed will include those of some complexity. This underwriter will have an opportunity to work on Healthcare Professional Liability for our other Liability Products. Healthcare Professional Liability experience is a plus.
Responsibilities
- Manages portfolio of brokers/agents and clients. Leverages market presence and knowledge to develop and underwrite profitable business, acting as a representative for Liberty.
- Maintains a strong market presence, including established relationships with agents and brokers.
- Looks to strengthen these relationships and develop new ones. Contributes ideas for product development and participates in development and execution.
- Contributes to team projects (e.g., process / tool improvement). Understands the work implications of relevant legislation and regulation.
- Collaborates effectively across teams, stakeholders, and partners (e.g., UW Support, Claims, Actuarial, Directors of Underwriting in GRS North America).
- Mentors junior underwriters and new hires (not as a line manager).
- May analyze department`s portfolio and make suggestions for development.
- May recognize and communicate emerging trends of exposures within line of business expertise.
Qualifications
- Degree in Business or equivalent typically required
- A minimum of 2.5 years, typically 3 or more years, of progressive underwriting experience and/or other related experience
- CPCU or professional insurance designation preferred
- Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility that includes competence with all phases and aspects of the underwriting process, and proficiency in the use of qualitative and quantitative tools and techniques
- Must demonstrate comprehension of 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
About Us
**This position may have in-office requirements depending on candidate location.**
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 selected as one of the “100 Best Places to Work in IT” on IDG’s Insider Pro and Computerworld’s 2020 list. For many years running, we have been 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: https://jobs.libertymutualgroup.com/diversity-equity-inclusion/
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: https://LMI.co/Benefits
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
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This job is no longer accepting applications
See open jobs at Liberty Mutual.See open jobs similar to "Senior Underwriter, Life Sciences" Mass Fintech Hub.