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Senior Underwriting Manager, Liberty Mutual Mobility Solutions
Plymouth Meeting, Pennsylvania, United StatesPosted 2 weeks ago
hybrid
Job Description
Responsibilities include risk assessment, coverage and pricing analysis, broker/partner communication and management, and industry thought leadership. Leadership: Responsible for the retention, acquisition, and development of senior level underwriting talent. Formally manage, guide, mentor, and coach underwriters in both technical and professional skills. Foster an environment conducive to innovation, continuous improvement and product development. Risk Selection: Responsible for developing and implementing a strategy to better evaluate risk quality and further underwriters' skillset in qualifying, selecting and assessing sharing economy and new mobility risks. In addition to managing staff, may also be responsible for underwriting complex accounts. Agent/Broker Relationships: Establish and maintain high level of relationship management with key Agents and Brokers. Develop underwriters' technical, negotiation, communication and general deal making skills. Portfolio Management: Evaluate portfolio performance based on profitability metrics, evolving risk scenarios, outcome and volatility ranges, reinsurance, opportunity metrics, and industry trends. Define UW team execution strategy and oversee execution of continuously improving portfolio in alignment with team objectives. Be the lead custodial of capital for your team. Quality Audit and Account Review: Collaborates with the LMMS SUO and the OOU to ensure files meet regulatory requirements and internal documentation standards. Coach underwriters to articulate thought process, decision making within both account reviews and file documentation. Bachelor's degree or equivalent training plus at least 6 years of relevant and progressively more responsible production underwriting experience; MBA preferred; CPCU Designation preferred Advanced knowledge of underwriting concepts, practices, procedures and techniques, including, but not limited to coverage issues, product lines, pricing, and competitive landscape. In particular, advanced knowledge of commercial fleet and HNOA auto underwriting and/or product management experience (or other related functions) preferred Deep knowledge of the P&C industry, how to gather competitor/competitive intelligence, insurance product pricing, financial drivers of profitability; comprehensive understanding of legislative and Department of Insurance regulations Minimum two years of previous people management / supervisor experience preferred; Prior management experience within the insurance industry preferred Strategic thinker and hands-on contributor. Expert knowledge of all products, end-to-end, with passion for achieving results Ability to effectively interact with brokers and internal departments Strong verbal and written communications, and organizational skills Strong negotiation, analytical and decision-making skills Self-starter who will search for opportunities and challenges and then address them accordingly Strong relationship, negotiation, influencing and persuasive skills