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Senior Professional Liability Underwriter
Liberty Mutual
Chicago, IL, United States
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Description
Launch your Underwriting career at Liberty Mutual Insurance - A Fortune 100 Company!
Job Title: Production Specialist – Professional Liability
Location: Chicago, IL
Seeking a highly motivated individual with good analytical and sales skills for a Professional Liability (Accountants, Lawyers, and Miscellaneous) underwriting position in our Chicago office.
Under general supervision, contributes to the growth and profitability of assigned specialty product line(s) through marketing and underwriting of the Accountants, Lawyers, and Miscellaneous Professional Liability products. Some risks may require special handling or unusual coverages, including manuscript policy development. Demonstrates functional technical knowledge of underwriting concepts, practices, procedures and techniques to include coverage issues, product lines, marketing, relevant systems, and competition in the market place.
Duties will include, but not be limited to:
• Evaluate risks through application review process, independent research, and attendance at broker and client meetings
• Sell and negotiate terms and conditions of insurance programs with brokers
• Underwrites targeted new and renewal business of by reviewing and analyzing insured's (or prospective insured's) loss history, financials, and other pertinent information at the direction of the manager.
• Reviews and negotiates policy terms and conditions with assistance from the manager.
• Establishes and maintains relationships with the brokerage community to facilitate marketing of IronPro products and services and to drive submissions and generate revenue.
• Develop marketing plans and strategy in particular geographic regions
• Makes independent marketing calls to brokers and prospective insureds.
• Performs related duties as requested to include, report preparation, presentations, and special projects to assist in ensuring the success of the product line unit.
Qualifications:
• Bachelor's degree and 3-5 years insurance experience (preferably within the professional services industry).
• Ability to develop strong verbal and written communications skills.
• The ability to learn and apply new concepts quickly.
Benefits:
We value your hard work, integrity and commitment to positive change. In return for your service, it’s our privilege to offer you benefits and rewards that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
Overview:
At Liberty Mutual, we give motivated, accomplished professionals the opportunity to help us redefine what insurance means; to work for a global leader with a deep sense of humanity and a focus on improving and protecting everyday lives. We create an inspired, collaborative environment, where people can take ownership of their work; push breakthrough ideas; and feel confident that their contributions will be valued and their growth championed.
We’re dedicated to doing the right thing for our employees, because we know that their fulfillment and success leads us to great places. Life. Happiness. Innovation. Impact. Advancement. Whatever their pursuit, talented people find their path at Liberty Mutual.