Overview As an Equipment Breakdown Underwriter at Liberty Mutual, you will grow and manage a profitable, diversified book by underwriting monoline and reinsurance business. You'll build strong agent and broker relationships and lead with market-facing insight to reach aggressive growth targets. You mentor less experienced underwriters and contribute to continuous improvement through rigorous risk assessment and decision-making. This role combines technical underwriting with leadership to shape a scalable, high-quality portfolio.
Compensation / Benefits- comprehensive benefits
- workplace flexibility
- professional development opportunities
- potential for bonuses or commission-based earnings
- inclusive culture
- employer matching programs
Responsibilities- Risk selection: review, rate, and underwrite applications; determine terms and premiums; obtain approvals and negotiate deals
- Agent/broker relationships: respond quickly, maintain relationships, visit sites, conduct renewal meetings, grow a high-quality pipeline
- Portfolio management: analyze the book, identify growth, profitability and diversification opportunities; execute marketing plans and broker calls
- Documenting the deal: maintain clear, well-supported account reviews and referrals; adhere to regulations and underwriting guidelines
- Leadership: mentor and coach underwriters and account analysts
- Continuous improvement: participate in problem-solving and apply improvement tools to team work
Key requirements- Bachelor's degree; 4-7 years of relevant experience preferred
- CPCU or professional insurance designation preferred
- Intermediate knowledge of insurance products, underwriting, pricing, risk selection, market segments, and functions; familiarity with insurance finance, actuarial concepts, loss control, marketing, regulatory environment and reinsurance; advanced knowledge of territory management
- Relationship building with agents and brokers
- Strong negotiation and communication
- Mentoring and coaching
- Underwriting tools and systems
- Risk assessment and pricing methods
- Knowledge of regulatory requirements and reinsurance concepts
