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Liberty Mutual Insurance · 22 hours ago

Executive Underwriter, Private Equity Middle Market

Charlotte, NC

Full-time

Hybrid

Senior Level

7+ years exp

Liberty Mutual Insurance is seeking an Executive Private Equity Underwriter to develop and maintain a profitable book of private equity business. The role involves underwriting, managing agent relationships, and mentoring less experienced underwriters while participating in continuous improvement initiatives.

FinanceFinancial ServicesInsurance

Responsibilities

Reviews, rates, underwrites, evaluates, or assesses the business applying for insurance by qualifying accounts, identifying, selecting and assessing risks, determining the premium, policy terms and conditions, obtaining approvals, creating/presenting the proposal to the agent/broker, and successfully negotiating deals

Demonstrates a high level of responsiveness and focus on supporting Key Agents and Brokers objectives

Establishes, develops, and maintains successful relationships with Key Agents and Brokers to facilitate marketing of products, through responsive service, site visits, in person renewal meetings or enhanced knowledge of their customers businesses

Develops strong personal brand to build and maintain a long-term quality pipeline with Key Agents/Brokers

Manages a sizable and complex book of business by analyzing the portfolio, identifying areas of opportunity for improved growth, profit and diversification, and executing marketing plans to increase market share by making marketing calls to preferred brokers to market and cross market

Provides input to the development of marketing plans, product analysis, services, geographic focus and broker intelligence

Documents files in a way that reflects a solid thought process and decision making through comprehensive account reviews, sign-offs and referrals that comply with state regulations, letter of authority, and underwriting guidelines

Formally guides, mentors, and coaches underwriters and account analysts in both technical and professional skills

Demonstrates multiple areas of expertise and provides regular updates to other underwriters

Actively participates in continuous improvement by generating suggestions, participating in problem solving activities and using continuous improvement tools to support the work of the team

Managing portfolio company relationships and an aggregated PE Firm level approach

Qualification

Underwriting experienceCPCU designationAnalytical abilityPortfolio managementRisk assessmentCommunication skillsContinuous improvementTechnical underwritingLeadershipInterpersonal skills

Required

Degree in Business or equivalent typically required

A minimum of 7 years expected, typically 10 years or more, of progressive underwriting experience and/or other related business experience

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