Liberty Mutual
VP & Manager, Personal Lines Property & Specialty Underwriting Effectiveness
Job Description
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
Advance your Career at Liberty Mutual Insurance – A Fortune 100 Company
As the Personal Lines Property & Specialty Underwriting Effectiveness Leader, you will oversee and manage the effectiveness of underwriting solutions that will enable profitable growth for each of our lines of business. The team drives the development and deployment of underwriting solutions that enables Liberty to employ Best-in-Class underwriting capabilities.
This job requires close collaboration with key stakeholders across the organization, drives initiatives forward as well as leverages an analytical/data-driven approach. This position reports to the Chief Product Officer of Property & Specialty Product within our US Retail Markets business.
Responsibilities:
- Oversee a 35 person team that focuses on enhancing Underwriting sophistication through model based approaches (Machine learning models, GLMs, etc.) and other levers for our homeowners line of business.
- Designs underwriting scorecards and rules for all Personal Lines Specialty lines of business
- Partners closely with State Management, Product Development and Data Science to design, execute, and monitor underwriting strategies
- Oversees the successful build and rollout of each lever by working with IT and other key stakeholders
- Manages the strategy, design and monitoring of all inspection processes
- Oversees the renewal and endorsement underwriting strategy and build levers to improve underwriting sophistication and flexibility
- Responsible for data accuracy and partnering with Finance to identify and address fraud
Qualifications
- Advanced analytical and critical problem solving skills
- Ability to exercise influence while working cross functionally and building relationships.
- Skills and competencies include project management, process mapping, strategic mindset, organizational agility, creative thinking, achievement-oriented, collaborative, highly adaptable, comfortable with ambiguity, and ability to plan, organize and get work done through others.
- Experience and comfort working with model based solutions
- Strong communication skills, including ability to successfully present business cases to executive leadership.
- 10+ years of experience in personal insurance with underwriting, state management or product development experience.
About Us
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
