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Underwriter Training Program - Commercial Insurance - Keene, NH 48347

Posted 2014-01-17
Job Description

Advance your career at Liberty Mutual Insurance - A Fortune 100 Company!

This training program has a start date of June 16th, 2014.

Our underwriters focus on answering two fundamental questions. Should we write a policy for a particular customer? What is a fair price for the risk that we would incur by writing the policy? On the surface, these questions may seem straightforward, but as an underwriter, you will possess a curiosity that propels you to dig a little deeper for the answers.

You will rely on your strong analytic, communication, and negotiation skills and thrive in a fast-paced, collaborative environment. Underwriters are natural problem solvers who want to know our customers and how we can profitably accept the risks that our policies cover.

Our Underwriting training positions 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 Underwriter training program and prescribed courses which include: On the Job Training, Classroom Instruction, Self-Study, Case Studies, Rating and Underwriting Activities
Develop judgment to accept, reject or modify new and renewal business for all commercial lines, with guidance and direction as needed from experienced underwriters or team leader, to ensure a profitable commercial book of business.
Price business according to company underwriting and pricing guidelines and ensures standards for timeliness are met.
Market the Company products to achieve company growth and profitability targets.
Develop on-going relationships with internal and external customers and monitor profitability and quality of submissions, and keeps up-to-date with underwriting and/or product changes.
Review and becomes familiar with: Policy coverages, Agency relationships, Underwriting and team guidelines, processes, and procedures, Company business strategy and organization
Work with a Underwriting Manager, Underwriting staff, and in-house and outside educational providers to enhance knowledge and experience in: Underwriting Techniques and Decision Making Methods, Problem Solving Methods, Sales and Negotiating Skills
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.

Qualifications:
0-2 years of professional experience
Bachelor's degree with a minimum 3.0 cumulative GPA. Additional requirements may apply
Analytical and decision making 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
Effective interpersonal skills including ability to negotiate successfully.
Willingness to complete professional designation(s) and continued insurance education.

To apply, please visit www.libertymutual.com/careers and search job#48347

47-51K

Hours: Full-Time
Type: Job

Contact

Kristen Beckman
513-603-7955
CICampusRecruiting@LibertyMutual.com

Company Description

Helping people live safer, more secure lives since 1912, Boston-based Liberty Mutual Group is a diversified global insurer and third largest property and casualty insurer in the U.S. based on A.M. Best Companys report of 2010 net written premium. The Group also ranks 82nd on the Fortune 100 list of largest corporations in the U.S. based on 2010 revenue. As of December 31, 2010, Liberty Mutual Group had $112.4 billion in consolidated assets, $95.4 billion in consolidated liabilities, and $33.2 billion in annual consolidated revenue.

Liberty Mutual Group offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, property, commercial automobile, general liability, global specialty, group disability, reinsurance and surety. Liberty Mutual Group (www.libertymutualgroup.com) employs over 45,000 people in more than 900 offices throughout the world.

Academic and Career Advising offers no guarantees about any position posted through this web site and is not responsible for any aspect of resulting employment. Listings on this page do not constitute Keene State College endorsement or affiliation. Students are responsible for gathering all necessary information about the position and the employer.


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