Pursue your tomorrow, today. #workatliberty
Liberty Mutual Insurance Logo

Liberty Mutual Insurance

Executive Underwriter, Property

Posted An Hour Ago
Be an Early Applicant
Hybrid
Chicago, IL, USA
83K-253K Annually
Senior level
Hybrid
Chicago, IL, USA
83K-253K Annually
Senior level
Manages a major-account commercial property underwriting portfolio, evaluating complex property exposures, hazards, financial information, coverage needs, loss history, pricing, and program structures. Develops profitable business and maintains broker and client relationships while collaborating with risk engineering, claims, actuarial, and underwriting teams. Provides technical expertise, market insights, mentoring, coaching, and training, and contributes to underwriting process improvements and business planning.
The summary above was generated by AI
Description
We are seeking an Executive Underwriter to manage and maintain a significant portion of our Major Accounts Property portfolio in the Central Region. In this role, you will be responsible for handling complex monoline Property accounts with minimum TIVs of $100m, analyzing the customer's property exposures, hazards, financial information, requested coverages, loss history, pricing targets and desired program structure to select business and determine appropriate terms and conditions. Will work closely with Risk Engineering to produce and manage a profitable book of business and manage producer/customer relationships. Maintains the highest level of skills/knowledge in the large property space with average account annual premium of around $1m. Shares underwriting expertise with other underwriters and stakeholders across all levels.
Responsibilities
  • Manages portfolio of brokers/agents & clients. Leverages market presence and expertise to develop and underwrite profitable business, acting as a representative for Liberty.
  • Has relationships with senior/market-leading brokers and/or key agents. Maintains a strong market presence, including established relationships with agents and brokers.
  • Looks to strengthen these relationships and develop new ones.
  • Articulates key coverage differences with a high degree of detail. Provides significant input into the business and marketing planning process, including advanced data-driven insights from portfolio analysis.
  • Participates in projects across departments designed to drive underwriting and process excellence (e.g., member of a working team).
  • Models effective collaboration across teams, stakeholders and partners (e.g., UW Support, Claims, Actuarial, Directors of Underwriting in North America).
  • Has strong knowledge of key legal cases, legislation and regulation impacting area(s) of underwriting expertise. Shares knowledge based on technical expertise, including providing external thought-leadership.
  • Mentors, coaches, and trains other underwriters and internal partners.
Qualifications
Qualifications:
  • Prior single carrier property underwriting experience preferred.
  • Prior experience working with property risk engineering and/or loss prevention preferred.
  • Prior property facultative reinsurance or shared and layer property experience also will be considered.
  • Degree in Business or equivalent typically required
  • A minimum of 5 years expected, typically 7 years or more, of progressive underwriting experience and/or other related business experience
  • CPCU or professional insurance designation preferred
  • Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility
  • Demonstrated ability to communicate complex analyses and information in understandable written and/or oral directives to other persons in the organization for underwriting or training purposes
  • Demonstrated effective communication and interpersonal skills in dealing with internal and external stakeholders
  • Must demonstrate comprehension of most 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
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.
At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.
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://www.libertymutualgroup.com/about-lm/careers/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
  • California
  • Los Angeles Incorporated
  • Los Angeles Unincorporated
  • Philadelphia
  • San Francisco

$83,000.00 - 253,000.00

Similar Jobs at Liberty Mutual Insurance

An Hour Ago
Remote or Hybrid
Hoffman Estates, IL, USA
61K-113K Annually
Junior
61K-113K Annually
Junior
Artificial Intelligence • Fintech • Insurance • Marketing Tech • Software • Analytics
Manage routine to moderately complex commercial, bodily injury, liability, and litigation claims from investigation through resolution. Evaluate coverage, liability, compensability, damages, and reserves; develop action plans; conduct investigations; negotiate settlements within authority limits; communicate with claimants, policyholders, attorneys, appraisers, and other parties; and refer appropriate cases to subrogation or special investigations teams.
3 Hours Ago
Remote or Hybrid
Hoffman Estates, IL, USA
46K-84K Annually
Senior level
46K-84K Annually
Senior level
Artificial Intelligence • Fintech • Insurance • Marketing Tech • Software • Analytics
Investigates and processes commercial insurance claims within assigned authority limits. Responsibilities include determining coverage, assessing damages and losses, setting reserves, negotiating settlements, documenting claim files, communicating with insured parties and agents, and identifying fraud or subrogation opportunities. The role requires strong organization, communication, customer service, technology, and claims-handling skills, with potential multi-state licensing requirements.
Yesterday
Hybrid
Chicago, IL, USA
91K-253K Annually
Senior level
91K-253K Annually
Senior level
Artificial Intelligence • Fintech • Insurance • Marketing Tech • Software • Analytics
Underwrite and price complex primary general liability and excess casualty risks in the wholesale E&S market. Manage broker relationships, grow profitable business, evaluate and structure coverage, negotiate terms, and monitor portfolio performance. Collaborate with Claims, Actuarial, underwriting support, and leadership on strategy and execution. Mentor junior underwriters and provide insights on emerging risks, portfolio trends, and process improvements.

What you need to know about the Chicago Tech Scene

With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.

Key Facts About Chicago Tech

  • Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
  • Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
  • Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
  • Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account