Pay Philosophy
The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
Description
Summary:
The Product Underwriting team in Small Commercial is responsible for developing and implementing underwriting strategies in support of the broader objectives of Small Commercial. The Assistant Director/Director, Product Analysis will work independently and in partnership with stakeholders to deliver high-impact solutions that enhance our Commercial Auto product and enable profitable growth through continuously enhancing our underwriting ecosystem.
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Responsibilities:
- Leverage available data sources and insights; proactively identify opportunities to enhance underwriting capabilities and drive profitable growth
- Utilize new technology including third party data to deliver a smarter quoting experience that enhances ease of use and underwriting sophistication
- Work collaboratively with multiple stakeholders across Small Commercial to clearly articulate strategies to senior leaders
- Execute on broader strategic vision of Small Commercial by enabling growth in target segments while balancing the need to mitigate risk
- Monitor changing market conditions and best-in-class competitor approaches to inform our strategic direction
- Ensure a clear and easy to understand appetite that communicates what we want to write and what we don't
- Provide subject matter expertise and support to teams across Small Commercial
- Experience developing strategies
- A proactive leadership style
- Excellent communication skills
- Experience with commercial auto products
- Experience using PowerPoint and Excel
- Bachelor's degree in business, economics, or other quantitative field. 6 years, typically 8 years or more relevant work experience, typically 8 years. Master's degree beneficial.
- Proficient in Excel, PowerPoint, and data analysis software (e.g., SAS, Access).
- Must have good planning, organization, analytical, decision-making and communication skills.
- Experience directly managing others preferred.
- Excellent analytic, quantitative and problem-solving skills with proven ability to make and execute data driven decisions.
- Advanced knowledge of product offerings, business processes, product line systems, underwriting rules, pricing plans and databases.
- Strong understanding of insurance concepts and financial metrics.
As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.
We are proud to support a diverse, equitable and inclusive workplace, where all employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
Fair Chance Notices
- California
- Los Angeles Incorporated
- Los Angeles Unincorporated
- Philadelphia
- San Francisco