Senior Underwriter, Construction

Responsibilities

• Underwrite construction accounts (contractors, subcontractors, developers, OCIPs/CCIPs, builder’s risk) within delegated authority, making data-driven accept/decline and pricing decisions.
• Manage and grow a portfolio of brokers/agents and clients; build and maintain strong market relationships to source profitable business.
• Assess project and contractor exposures (contracts, safety programs, loss history, finances, delivery method) and negotiate terms, limits, endorsements, and facultative referrals as needed.
• Collaborate with Claims, Actuarial, Risk Control, Legal, and Directors of Underwriting to set pricing, manage complex placements, and resolve coverage issues.
• Contribute to product development and process/tool improvements for construction lines; identify emerging exposure trends and suggest guideline or pricing changes.
• Mentor junior underwriters and new hires on construction-specific underwriting practices and contract risk assessment.

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

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.

About Us: 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