[Remote] Executive Underwriter, Middle Market Life Sciences

Note: The job is a remote job and is open to candidates in USA. Liberty Mutual Insurance is seeking experienced Life Sciences Underwriters to join their dedicated and innovative Middle Market Life Sciences Industry Practice. The Executive Underwriter role focuses on providing specialized insurance products and services tailored to the Life Sciences industry, managing new business underwriting, and maintaining relationships with agents and brokers.ResponsibilitiesNew 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 broad range of supportive tools; obtains underwriting approval (as needed); creates/presents the proposal to the agent/broker; and successfully negotiates dealsServices accounts after successfully winning the business in coordination with Liberty Account Analyst and Client Service ManagersMeets with insureds and ensures Liberty's value-proposition is upheldManages portfolio of brokers/agents & clients. Demonstrates a high level of responsiveness and focuses on supporting agent and broker objectives. Establishes, develops, and maintains successful relationships with agents and brokers to facilitate marketing of products, with responsive service, site visits, in-person renewal meetings and enhanced knowledge of what matters most to each Life Sciences deal. Develops strong personal brand to build and maintain a long-term quality pipeline with agents and brokersActively identifies, manages, and solicits pipeline of opportunities for individual successArticulates key coverage differences with a high degree of detail in this specialized, niche spaceHas strong knowledge of key legal cases, legislation and regulation impacting area(s) of underwriting expertise and the LifeSciences industryShares knowledge based on technical expertise, including providing external thought-leadershipMentors, coaches, and trains other underwriters and internal and external partnersProvides significant input into the business and marketing planning process, including advanced data-driven insights from portfolio analysisParticipates in projects and initiatives to help grow Liberty's Life Sciences Industry Practice, designed to drive underwriting and process excellence (e.g., member of a working team)Models effective collaboration across teams, stakeholders and partners (e.g., Distribution, Operations, UW Support, Claims, Actuarial, Directors of Underwriting in North America)SkillsDegree in Business, Risk Management, or Scientific Field or equivalent typically requiredA minimum of 7 years expected, typically 10 years or more, of progressive underwriting experience and/or other related business experienceA minimum of 5 years of Life Sciences underwriting experienceProven analytical ability to evaluate and judge underwriting risks within scope of responsibilityAdvanced level of knowledge of insurance products and coverages, underwriting, pricing, risk selection & assessment, and market dynamics specific to the Life Sciences spaceProven track record of developing and underwriting profitable Life Sciences businessDemonstrated ability to communicate complex analyses and information in understandable written and/or oral directives to other persons in the organization for underwriting or training purposesDemonstrated effective communication and interpersonal skills in dealing with internal and external stakeholdersMust demonstrate comprehension of most complex technical underwriting issues and be capable of defining and implementing necessary underwriting and administrative processes/workflows to properly manage or administer those issuesCPCU or professional insurance designation preferredBenefitsCommission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the roleComprehensive benefitsWorkplace flexibilityProfessional development opportunitiesA host of opportunities provided through our Employee Resource GroupsCompany OverviewLiberty Mutual Insurance provides a broad range of insurance products and services. It was founded in 1912, and is headquartered in Boston, Massachusetts, USA, with a workforce of 10001+ employees. Its website is http://www.libertymutualgroup.com.