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Senior / Chief Underwriter, Group Life/Disability - Dover, NH

Company Name:
Liberty Mutual
Title: Senior / Chief Underwriter, Group Life/Disability - Dover, NH
Location: NH-Dover
Other Locations:
Advance your Underwriting career at Liberty Mutual Insurance - A Fortune 100 Company!
Liberty Mutual''s Commercial Markets is actively searching for a Senior / Chief Underwriter to join the Group Life/Disability team. This position is responsible for large and technically complex risk evaluation and selection/rejection of new and renewal business.
Responsibilities:
Evaluates risks on large and technically complex new and renewal business, reviews related information concerning risk (e.g., classifications, exposures, loss ratios, develops rate/premium level & rating plan, etc.) and determines approval or rejection
Negotiates terms of individual new business and renewal programs with Sales, policyholders, and prospects; may purchase reinsurance to protect Corporate Surplus and Corporate Treaty Agreements on accounts
Analyzes and approves the pricing component and financial considerations on cash flow plans for accounts
Ensures policy issuance is in accordance with State and Federal regulatory filings on large/complex accounts
Recognizes need for customer insurance product development/redesign; develops proposal; makes recommendation which includes marketing and service programs and manuscript policy documents
Consults and develops marketing programs in conjunction with Sales
Analyzes all statistical Claims, Loss Prevention, Sales, Financial, etc. data relative to renewals and prospects for the eventual development of prospected quotations
Develops procedures, exhibits, and controls for large/complex accounts to meet marketing objectives and corporate standards
Ensures procedures are implemented and monitors effectiveness
Participates in training and marketing programs, instructs basic and advanced employee training classes and seminars
May serve as Company/Department representative or expert witness at any Bureau Meetings, court trials, arbitration hearings, etc.
May perform other projects and duties as assigned
Qualifications:
Frequently exercises independent judgment in resolving problems
Bachelor's degree or equivalent experience, and 5-8 years of increasingly responsible work experience
Extensive knowledge of Underwriting rules and guidelines, contract coverages and conditions, insurance laws and regulations, rating manual rules and personal computers is essential
Strong analytical, planning, organizational, negotiating and decision making skills
Excellent written and oral communications skills required
Benefits:
We recognize that talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason we offer a Comprehensive Benefits Plan that includes the following:
401K and Company paid pension plan
Medical coverage
Dental coverage
Paid time-off
Pay-for-Performance
Discounts on automobile and homeowner's insurance
Discount fitness memberships
Flexible spending accounts
Tuition reimbursement
Vision care coverage
Work/Life resources
Credit Union membership
Employee and Dependent life insurance
Disability insurance
Accidental death and dismemberment insurance
Overview:
We believe strongly that commercial success can be achieved in a manner consistent with principles and ideals that bind us together as one company, that set us apart from our competitors, and that in the end will allow us to say we have succeeded commercially by doing the right thing the right way.
We believe that the Company's success is inextricably linked to our employees' satisfaction and success: satisfaction that they work for an industry leader committed to improving safety, satisfaction that they work for a company that does the right thing, and satisfaction that the company will reward them for their contributions and provide opportunities for personal growth and success.
We believe our employees take pride in knowing that they help people live safer more secure lives every day.
Responsibility. What's your policy?Underwriting

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