Executive Underwriter, Middle Market Life Sciences

Overview

Liberty is seeking experienced Life Sciences Underwriters to join our dedicated and innovative Middle Market Life Sciences Industry Practice. The Executive Underwriter role aligns with our mission to provide integrated, specialized, and comprehensive insurance products and services tailored to this unique industry via one multi-line underwriter. This position focuses on specialized underwriting with broad coverage areas including property, general liability, products liability, clinical trials liability, E&O, cyber, excess/umbrella, workers’ compensation, auto, and multinational coverages. You will work with a team focused on Life Sciences insureds, agents, and brokers with capacity for new business production and market expansion. Travel up to 25% is expected.

Responsibilities - Executive Underwriter

• New Business underwriting for profitable growth. Reviews, evaluates, and underwrites submissions; selects and assesses risks aligned with underwriting strategies and guidelines; rates and determines the premium and policy terms and conditions; utilizes tools; obtains underwriting approval (as needed); creates/presents proposals to agents/brokers; negotiates deals.
• Services accounts after winning the business in coordination with Liberty Account Analyst and Client Service Managers.
• Meets with insureds and ensures Liberty’s value-proposition is upheld.
• Manages portfolio of brokers/agents & clients. Develops and maintains relationships with agents and brokers to facilitate marketing of products, with responsive service, site visits, and renewal meetings; builds a long-term quality pipeline.
• Actively identifies, manages, and solicits a pipeline of opportunities for individual success.
• Articulates key coverage differences with detail in Life Sciences.
• Maintains knowledge of key legal cases, legislation and regulation impacting Life Sciences underwriting.
• Shares knowledge and provides external thought-leadership.
• Mentors, coaches, and trains other underwriters and internal and external partners.
• Provides input into business and marketing planning with data-driven insights from portfolio analysis.
• Participates in projects and initiatives to grow Liberty’s Life Sciences Industry Practice and drive underwriting and process excellence.
• Models effective collaboration across teams and stakeholders.

Qualifications

• Degree in Business, Risk Management, or Scientific Field or equivalent typically required
• 7+ years progressive underwriting experience and/or related business experience; 10+ years typical preferred
• 5+ years of Life Sciences underwriting experience
• CPCU or professional insurance designation preferred
• Strong analytical ability to evaluate and judge underwriting risks; advanced knowledge of Life Sciences insurance products, coverages, and market dynamics
• Proven track record of developing and underwriting profitable Life Sciences business
• Ability to communicate complex analyses clearly in writing and/or orally for underwriting or training purposes
• Effective communication and interpersonal skills with internal and external stakeholders
• Ability to understand and implement complex technical underwriting issues and related processes/workflows

About Liberty Mutual

Pay Philosophy: Typical starting salary range is determined by skills, experience, education, certifications and location. The full salary range reflects market value and opportunities to progress. Some roles may include commission and/or bonus earnings as defined in the role’s compensation plan.

Liberty Mutual is an equal opportunity employer. We value diverse perspectives and provide comprehensive benefits and development opportunities to support work-life balance. We are committed to an inclusive culture and do not tolerate discrimination.

Fair Chance Notices

• California
• Los Angeles Incorporated
• Los Angeles Unincorporated
• Philadelphia
• San Francisco