Senior Underwriter, Major Accounts Property – Shared and Layered

Welcome to Liberty Mutual Insurance! We are currently seeking an experienced Senior Underwriter to join our Major Accounts Property team, specifically in the Shared and Layered segment. In this role, you will have the opportunity to use your expertise in underwriting and risk assessment to help us provide top-notch coverage and services to our valued clients. We are looking for someone who is passionate about the insurance industry and has a strong background in property underwriting, particularly in the shared and layered market. If you are a driven and detail-oriented individual with excellent communication skills, we would love to hear from you! Read on for more details about this exciting opportunity.

1. Conduct thorough risk assessments and underwriting analysis for major accounts in the shared and layered property market segment.
2. Develop underwriting strategies and guidelines in alignment with company objectives and standards.
3. Collaborate with brokers and clients to assess and understand their risk profiles and insurance needs.
4. Review and analyze large and complex insurance submissions to determine appropriate coverage and pricing.
5. Negotiate terms and conditions with brokers and clients to ensure profitable and sustainable business relationships.
6. Monitor and manage the performance of assigned book of business, including identifying and addressing potential issues and opportunities.
7. Stay up-to-date with industry trends and developments, as well as changes in regulations and guidelines.
8. Provide guidance and support to junior underwriters and other team members, promoting a collaborative and knowledge-sharing environment.
9. Communicate effectively with internal and external stakeholders, including brokers, clients, and other departments within the company.
10. Maintain accurate documentation and records of underwriting decisions, ratings, and pricing.
11. Implement and follow company policies and procedures to ensure compliance with legal and ethical standards.
12. Participate in training and development programs to enhance underwriting skills and knowledge.
13. Identify and recommend process improvements to increase efficiency and effectiveness within the underwriting team.
14. Represent the company in industry events and conferences, promoting our brand and services.
15. Ensure a high level of customer service and satisfaction by providing prompt and accurate responses to inquiries and concerns.

According to JobzMall, the average salary range for a Senior Underwriter, Major Accounts Property – Shared and Layered in Chicago, IL, USA is between $95,000 and $130,000 per year. This range can vary depending on the specific company, level of experience, and qualifications of the individual. Factors such as bonuses, benefits, and commission may also impact the overall compensation for this role.

Liberty Mutual Group is an American diversified global insurer and the third-largest property and casualty insurer in the United States. Based in Boston, Massachusetts, it employs over 45,000 people in more than 900 locations throughout the world. The company, founded in 1912, offers a wide range of insurance products and services, including personal automobile, homeowners, workers' compensation, commercial multiple peril, commercial automobile, general liability, global specialty, group disability, fire and surety. Liberty Mutual Group owns, wholly or in part, local insurance companies in Argentina, Brazil, Chile, China (including Hong Kong), Colombia, Ecuador, India, Ireland, Malaysia, Poland, Portugal, Singapore, Spain, Thailand, Turkey, the United Kingdom, Venezuela and Vietnam.