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Underwriting Officer

Liberty Mutual Insurance
Aurora, CO Full Time
POSTED ON 1/14/2025
AVAILABLE BEFORE 4/10/2025

Schedule : Full-Time

Salary Range : USD $95000.00 - $291000.00

Job Category : Underwriting

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

The Senior Underwriting (UW) Officer, Middle Market Construction will report to the Executive Underwriting Officer of Middle Market Construction. The Senior Underwriting Officer, Middle Market Construction will work with the leadership team, deliver technical expertise and serve as point of contact for the frontline underwriting teams, for all questions, key decisions, or referrals.

Responsibilities :

  • Provides expert technical underwriting assistance and formal referral approval for multiple lines of business (auto, general liability, workers` compensation) in Construction Industry. Interacts independently with field underwriters and directly with UW managers on all mandatory referral cases and voluntary consultation items.
  • Ensures continuity and alignment between Primary and Excess Casualty placements.
  • Supports Executive Underwriting Officer on transactions and serves as trusted advisor in the areas of exposure, coverage analysis, and key pricing / financial elements within their authority.
  • Monitors frameworks for underwriting decisions (e.g., referrals, technical reviews) and recommends improvements, as needed.
  • Evaluates portfolio performance regularly in Middle Market Construction, working with Underwriting Leaders to identify drivers of performance, risks, and opportunities.
  • Drives UW technical excellence across Middle Market Construction, working with Underwriting Leaders to identify and resolve issues.
  • Works with Underwriting Leaders to identify product and services enhancements, underwriter capability development opportunities (e.g., skills, tools), and elevates to Executive Underwriting Officer.
  • Models effective collaboration within / across teams, stakeholders and partners (e.g., UW Support, Claims, Actuarial, NA Product Teams).

Qualifications

Qualifications :

  • Expert-level knowledge of all aspects of coverage forms, exclusions, and exposure. Pricing, structure, rating, rating plans, loss forecasting, credit risk, market knowledge, preferred.
  • Advanced knowledge of and experience operating within Construction industry; insurance operations; claims, finance and actuarial concepts; regulatory environment; loss control / risk engineering; reinsurance; account management; product development; and industry trends.
  • Must be a skilled collaborator who is willing to assess all sides of an issue, bring in others with expertise, and independently execute and advance the collaboration model.
  • Other professional skills required include superior communication skills (written, verbal, presentation, listening); approachability; tact; coaching / development; analyzing and problem solving; relationship and service driven; clear solutions orientation and commitment to achieving segment operational and financial objectives; negotiation skills; and demonstrated ability to consistently and positively influence others both internally and externally (brokers / customers) as required.
  • Bachelor`s degree, 10 or more years of relevant experience that includes underwriting, claims, reinsurance, coaching / developing others, working with brokers / agents and currency with market trends and developments.
  • 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.

    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.

    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
  • San Francisco
  • Los Angeles
  • Philadelphia
  • Employment Type : Full Time

    Salary : $95,000 - $291,000

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