Top Life Underwriting Executive jobs in Bolingbrook, IL

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.

Advance your career at Liberty Mutual Insurance - A Fortune 100 Company!

This role provides an exciting and unique opportunity to build out a brand-new underwriting segment focusing on Life Sciences. Responsible for development of strategy to enter Life Sciences industry.  Builds and directs a national underwriting organization through effective risk selection, Agent/Broker relationships, portfolio management/mix of business, cat exposure management, and strategic leadership. Manages a production underwriter model that values discipline, profitable growth, ease of doing business, and superior distribution management.

Responsibilities:

1. Drives the development of challenging business plans reflective of the competitive environment, inclusive of a plan for entry and expansion into Life Sciences space and; aggressively monitors results adjusting strategies and tactics to maximize profit while balancing growth.  
2. Builds a high-performing underwriting organization through effective selection, development, and employee engagement; drives the clarity of business strategies/operating objectives and creates alignment.
3. Partners collaboratively with the Office of Underwriting to develop Life Sciences segment guidelines for all lines of business
4. Collaborates internally as necessary to drive strategy and plan for product development for Life Sciences segment
5. Ensures the organization develops and maintains successful relationships with agents and brokers by providing stewardship with service partners, including initial setup of service commitments, and regular visits.
6. Ensures the achievement of continued profitability, growth and/or operational efficiencies for division through assessment of risk tolerance, market appetite and emerging risk issues.
7. Evaluates underwriting performance based on financial analysis.  Includes rate, reserve adequacy, operational, planning and product reviews.
8. Promotes an environment of continuous improvement principles to improve customer relationships, quality and work processes.
9. Provides overall direction for underwriting authority delegation, audit criteria and catastrophe management for area of responsibility.
10. Contributes to the development of strategic marketing initiatives.  Enhances and maintains Liberty presence with the brokerage community by solidifying key relationships.

• Knowledge of commercial property & casualty products; insurance operations; finance and actuarial concepts; regulatory environment; reinsurance; account management; underwriting; producer management; and product development.
• Skills required include analyzing and problem solving; decision making, building relationships; courage; innovation; communicating effectively, engaging and motivating people; negotiation; influencing others; focusing on service; managing and improving processes; executing well; planning and organizing work.
•  Other capabilities required include openness to new experiences, calmness under pressure, conscientiousness and humility as normally acquired through an advanced degree or equivalent training.
• 10 or more years of relevant experience, several of which should be in an underwriting operations management capacity.

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.

Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work® US for the past several years. We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates as well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-inclusion

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://LMI.co/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
• San Francisco
• Los Angeles
• Philadelphia

About the Company:
Liberty Mutual

Company Size:
10,000 employees or more

Industry:
Insurance

Founded:
0

Website:
https://www.libertymutualgroup.com/about-lm/corporate-information/our-business