Senior Underwriting Manager, Liberty Mutual Mobility Solutions

Overview

In the rapidly evolving landscape of transportation motivated by ride-hailing, on-demand delivery, and autonomous vehicles, Liberty Mutual is seeking a Senior Underwriting Manager within its Mobility Solutions division. This position plays a pivotal role in navigating the complexities of emerging risks by leveraging Liberty's expertise in both commercial and personal lines underwriting. The role aims to cater to the dynamic needs of the sharing economy and new mobility marketplace by delivering a range of tailored insurance solutions rooted in robust risk management practices.

Responsibilities

The Senior Underwriting Manager will be tasked with overseeing a team of underwriting professionals who will be responsible for not only the renewal of existing accounts but also for pursuing new underwriting opportunities vital for maintaining a balanced, profitable, and quality book of business. The key responsibilities for this position include the following:

1. Leadership: Effectively manage and mentor a team of underwriters, fostering a collaborative environment that promotes innovation and professional development.

2. Risk Selection: Develop and implement strategies for better evaluating risk quality, enhancing underwriters' skills in assessing and qualifying risks within the new mobility sector.

3. Agent/Broker Relationships: Maintain and establish high-level relationships with key agents and brokers to strengthen collaborative efforts and negotiate profitable deals.

4. Portfolio Management: Monitor portfolio performance utilizing various metrics, including profitability, and adapting strategies to align with evolving market conditions and objectives.

5. Quality Audit and Account Review: Ensure compliance with regulatory and internal standards, guiding underwriters in articulating their decision-making processes effectively.

Required Skills and Qualifications

To succeed in this role, candidates should possess a mix of educational credentials and professional experience, including:

• A Bachelor's degree or equivalent experience, with an MBA or CPCU designation being preferred.
• At least 6 years of relevant underwriting experience, demonstrating progressive responsibility in production underwriting.
• Comprehensive understanding of commercial fleet and P&C (Property and Casualty) insurance, particularly with respect to emerging risks in the sharing economy and new mobility sectors.
• A minimum of two years of supervisory experience within the insurance industry is preferred, indicating capability in managing underwriting professionals.
• Strong analytical, communication, and negotiation skills to thrive in dynamic environments, along with a strategic mindset to align business goals with underwriting practices.
• Proven ability to collaborate effectively across various departments and to lead discussions with brokers.

Salary and Compensation

While the specific salary for the Senior Underwriting Manager position at Liberty Mutual is not disclosed in the job description, a range is typically determined by various factors including skills, experience, education, certifications, and location. Liberty Mutual emphasizes a competitive labor market value, and it is common for roles in this tier to potentially include opportunities for commissions or bonuses based on performance.

Work Environment and Benefits

Liberty Mutual is committed to fostering a diverse and inclusive workplace where all employees feel valued and supported. The company offers a comprehensive benefits package that emphasizes:

• Workplace flexibility to promote work-life balance.
• Opportunities for professional development and career progression.
• An inclusive environment that encourages employees to contribute positively to the organizational culture.

In alignment with its core values, Liberty Mutual provides a supportive environment for employees to achieve their best work, facilitated by numerous initiatives that cater to employee well-being and professional growth.

Final Thoughts

The role of Senior Underwriting Manager at Liberty Mutual represents an excellent opportunity for individuals who are passionate about leading a team in the underwriting space, particularly in innovative sectors like mobility solutions. Candidates looking to make an impact in a growing field will find this position aligns well with their career aspirations. This role ultimately calls for someone who is strategic, analytical, and motivated to drive innovation in insurance solutions while nurturing talent within their team.

This job offer was originally published on jobicy.com