Senior Underwriting Manager - Property

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
As the Senior Underwriting Manager, you will manage a property & casualty underwriting segment for a geographic territory or segment that evaluates multi-line risks (workers' compensation, general liability, commercial auto, property, umbrella, etc.), develop program structure, services and pricing in order to grow profitably. Focus efforts on operating with efficiency, developing multi-line expertise, and growing profitably. Lead the selection, development, and performance management of underwriting staff; fosters expertise through training, development, coaching and mentoring mechanisms.

• Execute the underwriting segment strategy for a geographic territory to attain profit, quality, growth, diversification, and other operational objectives.
• Ensure underwriting managers focus efforts on sources of profitable growth build and strengthen underwriter expertise on multi-line accounts.
• Ensure that submissions are triaged, prioritized and skill-based routing practices enable the right underwriters to work the submissions in the right order.
• Analyze proposals prepared by underwriters for quality, compliance and execution against appetite uses letters of authority to provide approval for risk selection and acceptance, coverage, and price.
• Evaluates underwriting performance based on scorecard factors, including profitability, multi-line diversification, rate, loss ratios, expenses, reserve adequacy, and reinsurance.
• Lead the selection, ongoing development, and performance management ensure that underwriting managers foster expertise through referral, coaching, mentoring and other mechanisms.
• Maintain underwriting guidelines, compliance and controls for the territory oversee audits of underwriter performance.

• Advanced knowledge of commercial property & casualty products including competitive conditions; insurance operations; finance and actuarial concepts; regulatory environment; reinsurance; account management; underwriting; producer management; and industry trends
• Ability to plan, organize and get work done through others; work cross-functionally and build relationships by engaging and motivating people; negotiate; influence others; be approachable; communicate effectively (listening, verbal, written, presentations, etc ) and project confidence
• Ability to adapt, learn quickly, and respond effectively to varied and intense challenges
• Advanced degree or equivalent training preferred
• 10 or more years of relevant experience, some of which should be in a leadership/ management capacity
• Professional designations (eg - CPCU/ARM preferred)