Senior Underwriter, Inland Marine

Description

 

Senior Builders’ Risk Underwriter

Underwrites Builders’ Risk policies within established underwriting authority, with limited guidance from leadership. Makes analytical, data-driven decisions on new and renewal business, including evaluating project-specific exposures, structuring coverage, and pricing risks appropriately. Assesses complex construction and renovation projects, including risks with significant values, challenging locations, unusual construction methods, or high individual line sizes.

Responsibilities:

• Manages a portfolio of brokers, agents, contractors, developers, owners, and other construction-related clients while developing profitable Builders’ Risk business for Liberty Mutual.
• Evaluates project plans, budgets, construction schedules, valuations, contracts, loss history, site conditions, catastrophe exposures, contractor experience, and risk-control measures.
• Determines appropriate coverage terms, conditions, limits, deductibles, exclusions, and pricing for commercial, residential, infrastructure, renovation, and specialty construction projects.
• Maintains strong relationships with agents and brokers, strengthens existing partnerships, develops new opportunities, and represents Liberty Mutual effectively in the marketplace.
• Monitors evolving project exposures, including construction delays, changes in scope or values, occupancy transitions, fire, theft, water damage, windstorm, flood, earthquake, collapse, and other Builders’ Risk loss drivers.
• Collaborates with UW Support, Claims, Actuarial, Risk Engineering, Product, Legal, and Directors of Underwriting in GRS North America; contributes to product, process, and underwriting tool improvements.
• Mentors junior underwriters and new hires, analyzes portfolio performance, and communicates emerging construction and Builders’ Risk trends, underwriting recommendations, and opportunities for profitable growth.

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

Travel

25%