Senior Underwriting Executive - Liberty Mutual Reinsurance (LMRe)

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
Leverages deep market insights (e.g., extrapolating granular trends, competitor positioning and anticipated behavior) to opine on underwriting policies, pricing, and strategy, and is athought partner for the following LOB:

• Professional Liability- include D+O, Lawyers, Accountants, Miscellaneous E+O
• Transactional Liability
• Healthcare
• Environmental
• Life Sciences
• A&H

• Maintain relevant underwriting guidelines that adhere to corporate risk tolerances and ensure compliance of such.
• Delegate necessary Letters of Authority (LOAs) to team to underwrite new and renewal casualty reinsurance programs that meet business plan and adheres to guidelines.
• Coordinate underwriting audit schedule to ensure continued acceptable performance. Implement a marketing plan to build targeted portfolio, establish and maintains positive relationships with brokers and ceding companies to secure opportunities compatible with business plan objectives.
• Active participation in Global Product Line meetings by providing relevant information/support of LMRe portfolio.
• Maximize portfolio optimization through regular strategic interaction with Portfolio Management, Actuarial and Claims teams to recognize
• KPI's/market leading indicators/cycle trends to proactive flex Specialty Casualty portfolio.

• Proactive coordination and collaboration with all functional teams in the account due diligence and monitoring process, including but not limited to Account Huddle Meetings, client meetings, quarterly performance meetings, etc.
• Provide all necessary information/data for portfolio management and Planning work in a timely and comprehensive fashion.
• Ensure timely completion of all underwriting/compliance/finance system-related requirements
• Active participation in corporate-level tools such as Salesforce/PowerBI.
• Serve as a technical resource for relevant business for GRS-related projects and Global Product
• Board activities to proactively seek greater LOB knowledge.
• Collaborate with global teammates to share market knowledge, account information and LOB exp
• Regularly engages with partners across functions on accounts and broader initiatives, e.g., market/ external engagement, bringing the best expertise to bear.
• Maintains relationships across functional areas.
• Helps colleagues build relationships and implement cross-functional learning
• Assists in the development of market monitoring AI tools and provides relevant guidance on challenging accounts and relationships

• Active participation in LMRe global and US Reinsurance management activities
• Establish transparent and open communication within the wider GRS/LMRe Global Team
• Provide consistent leadership and guidance to the underwriting team.
• Assist in career development opportunities of casualty team members through distributing corporate related programs and projects.
• Proactive involvement in all corporate related projects.
• Be a positive agent of change by actively supporting corporate i nitiatives such as business strategy, new technology and process enhancements
• In addition to leading direct team, formally or informally is a mentor to more junior colleagues, guiding them on longer-term considerations e.g., career aspirations. Is a mentee or reverse mentor to senior underwriters/leaders.

• California
• San Francisco
• Los Angeles
• Philadelphia