Commercial Insurance Underwriter

Are you a highly analytical and detail-oriented individual with a passion for risk management? Do you thrive in a fast-paced and ever-changing environment? If so, we have an exciting opportunity for you as a Commercial Insurance Underwriter at Liberty Mutual Insurance. As an integral member of our team, you will play a crucial role in assessing and managing risk for our commercial clients. We are seeking a candidate with a strong background in underwriting, excellent communication skills, and a deep understanding of the insurance industry. If you are ready to join a dynamic and reputable company, we encourage you to apply for this position today.

Responsibilities:

1. Assess and evaluate commercial insurance risks for potential clients by analyzing their business operations, financial statements, and other relevant information.
2. Utilize underwriting guidelines and risk analysis tools to determine appropriate coverage and pricing for each client.
3. Collaborate with brokers, agents, and other internal teams to gather necessary information and make informed decisions regarding risk management.
4. Maintain accurate and detailed records of underwriting activities, including relevant documentation and correspondence with clients.
5. Communicate effectively with clients, agents, and other stakeholders to provide clear and concise explanations of underwriting decisions and address any inquiries or concerns.
6. Stay up-to-date on industry trends, market conditions, and regulatory changes to ensure compliance and make informed underwriting decisions.
7. Continuously monitor and review existing policies to identify potential risks and make recommendations for adjustments or updates.
8. Proactively identify and mitigate potential risks through thorough analysis and risk assessment techniques.
9. Contribute to the development and implementation of underwriting policies and procedures, ensuring adherence to company guidelines and standards.
10. Provide support and training to junior underwriters to enhance their knowledge and skills in risk assessment and management.
11. Collaborate with other departments, such as claims and legal, to resolve any complex underwriting issues and ensure a smooth and efficient process for clients.
12. Maintain a high level of professionalism, integrity, and ethical standards while representing the company in all interactions with clients and partners.

According to JobzMall, the average salary range for a Commercial Insurance Underwriter in New York, NY, USA is $67,000 - $98,000 per year. This range can vary depending on factors such as the specific industry, company size, and level of experience.

Liberty Mutual Group is an American diversified global insurer and the third-largest property and casualty insurer in the United States. Based in Boston, Massachusetts, it employs over 45,000 people in more than 900 locations throughout the world. The company, founded in 1912, offers a wide range of insurance products and services, including personal automobile, homeowners, workers' compensation, commercial multiple peril, commercial automobile, general liability, global specialty, group disability, fire and surety. Liberty Mutual Group owns, wholly or in part, local insurance companies in Argentina, Brazil, Chile, China (including Hong Kong), Colombia, Ecuador, India, Ireland, Malaysia, Poland, Portugal, Singapore, Spain, Thailand, Turkey, the United Kingdom, Venezuela and Vietnam.