Underwriter Training Program- Commercial Insurance- Lexington, KY- 39963
Company Name:Liberty Mutual
175 Berkeley St.
Contact Person:Kristen Wohleber
Contact Phone Number:(513) 6037955
Description/Responsibilities:Launch your career at Liberty Mutual Insurance, a Fortune 100 Company! Liberty Mutual Insurance is seeking college graduates who are interested in launching a career with a Fortune 100 company! We'll start you off right with a comprehensive training program, one-on-one mentoring, on-the-job training, a "promote from within" culture, and a strong pay-for-performance compensation structure. Our supportive culture is ideal for those that enjoy helping people to answer questions and resolve issues. As an Associate Underwriter, you will have the opportunity to develop key skills and to build a successful career at a stable company that has consistently outpaced the industry in growth. Our underwriters focus on answering two fundamental questions: should we write a policy for a particular customer and what is the fair price for the risk that we would incur by writing the policy? On the surface, these questions may seem straightforward, but our underwriters must be smart, responsive problem solvers who can dig a little deeper for the answers. You will need to rely on your strong analytical, communication, and negotiation skills to thrive in a fast-paced, collaborative environment. This position offers you the chance to build on your academic success and develop risk selection and decision making skills that can advance your career. Responsibilities: • Successfully complete Underwriting Training Program which includes: on-the-job training, classroom instruction, self-study, case studies, rating and underwriting activities • Develop judgment to accept, reject, or modify new/renewal business for all commercial lines (with guidance and direction as needed from experienced underwriters or team leader) to ensure a profitable book of business • Price business in a timely manner according to company underwriting and pricing guidelines • Market products to achieve company growth and profitability targets • Develop on-going relationships with internal and external customers; monitor profitability and quality of submissions; and be aware of underwriting and/or product changes • Review and become familiar with: policy coverage's, agency relationships, underwriting and team guidelines, processes and procedures, and business strategy/organization Please note that as part of our application process for this position, you may be asked to fill out an employment questionnaire that may take up to 45 minutes to complete.
Requirements/Qualifications:• 0-2 years of professional experience • Bachelor's degree with a minimum 3.0 cumulative GPA; additional requirements may apply • Effective interpersonal, written and verbal communication skills • Ability to provide information in a clear, concise manner with an appropriate level of detail, empathy and professionalism • Ability to build and maintain effective relationships • Ability to gather information, analyze facts, and draw conclusions • Strong negotiation skills • Capability to understand a wide variety of business operations and model loss potential • Ability to calculate complex pricing recommendations • Strong customer service orientation • Demonstrated organization skills and ability • Willingness to complete professional designation(s) and continued insurance education
Application Instructions:To apply, please visit www.libertymutual.com/careers and search job# 39963