Senior Underwriter – Healthcare & Life Sciences Practice Group
Libertymutual · Philadelphia, PA
View and Apply ↗
Opens the original job posting in a new tab.
Job description
Book of Business Development:
- Develop, grow, and maintain a profitable, diversified book of primary casualty business through sound underwriting decisions, strong agent/broker relationships, and effective use of underwriting tools and resources. Mentor less experienced underwriters in technical and professional skills. Risk Selection: evaluates opportunities 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. Agent/Broker Relationships: Market to an assigned territory targeting healthcare and life science accounts.
- Build and maintain strong relationships with brokers through responsive service, site visits, and in-person meetings.
- Partner across markets deliver holistic account solutions. Portfolio Management:
- Analyze and manage a complex book of business, identifying opportunities for growth, profit improvement, and diversification.
- Execute targeted marketing plans and use pricing models to ensure portfolio profitability. Documenting the Deal:
- Maintain thorough file documentation that reflects sound decision-making through account reviews, sign-offs, and referrals in compliance with state regulations and underwriting guidelines. Leadership: Mentor and coach underwriters on technical and professional skills. Share subject matter expertise and provide regular insights to the broader underwriting team. Continuous Improvement: Actively engage in daily huddles, problem-solving activities, and continuous improvement initiatives to support team performance and operational excellence.
- Bachelor's degree in Business or equivalent typically required. 3 to 7 years of commercial lines underwriting experience preferred, with a proven track record of developing and underwriting profitable business. CPCU or professional insurance designation preferred. Analytical ability across all phases of the underwriting process with proficiency in qualitative and quantitative tools and techniques. Must demonstrate knowledge of underwriting, pricing, risk selection, and territory management.
- Strong negotiation, relationship-building, and mentoring skills with the ability to apply underwriting tools and appetite to achieve goals and solve complex problems.