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Executive Underwriter, Inland Marine
Executive Underwriter, Inland MarineLiberty Mutual Insurance • Minneapolis, MN, United States
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Executive Underwriter, Inland Marine

Executive Underwriter, Inland Marine

Liberty Mutual Insurance • Minneapolis, MN, United States
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  • [job_card.full_time]
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Description

As an Inland Marine Underwriter on the GRS Inland Marine team, you will underwrite a diversified book of inland marine with a focus on Builder’s Risk and Construction Property. You’ll partner with agents, brokers, risk engineers and claims to evaluate complex, high-value placements (e.g., contractors’ equipment, builders’ risk, and other construction property risks). Using analytics and underwriting judgment, you’ll price risk, set terms and conditions, negotiate deals, and manage account performance to maximize profitability and achieve strategic growth.

What you’ll do

  • Manage a portfolio of inland marine accounts, with emphasis on Builder’s Risk, including project-based policies (single project and Master Builder’s Risk programs).
  • Analyze construction schedules, project values, contract types (GC / CM, Design-Build, EPC), contractor / subcontractor quality, site conditions, testing & commissioning exposures, soft-costs and delay-in-start-up exposures to develop appropriate pricing and terms.
  • Underwrite a full range of inland marine products (builders’ risk, contractors’ equipment, installation / erection and tailor coverage forms, limits, sublimits, and endorsements to client needs).
  • Partner with risk engineers to identify loss drivers and actionable loss‑control recommendations (security, temporary protections, hot‑work controls, commissioning protocols) and incorporate these into bind conditions.
  • Use data, analytics and field intelligence to set premiums, monitor portfolio profitability, and identify cross‑sell and diversification opportunities.
  • Maintain clear, responsive relationships with brokers and agents; present proposals, obtain approvals and close business.
  • Document underwriting rationale and comply with underwriting guidelines, authority limits and governance processes.

Qualifications

Experience

  • 5+ years of relevant experience.
  • Experience with Inland Marine or multi-line insurance products.
  • A desire to interact with brokers, agents and Liberty customers.
  • Skills

  • Analytical, problem‑solving capabilities.
  • Strong territory management skills.
  • Excellent communication skills.
  • The ability to develop a marketing plan to travel and meet regularly with key business contacts both internal and external.
  • An aptitude for building rewarding relationships with agents and brokers, peer underwriters and underwriting assistants.
  • Knowledge

  • Command of insurance finance and actuarial concepts.
  • Thorough knowledge of commercial insurance products, underwriting, risk selection, pricing and marketplaces, as well as regulatory issues in relevant territories.
  • Understanding of contract language, including regulatory and policy differences among applicable states.
  • Familiarity with continuous improvement processes and tools.
  • Education

  • A bachelor’s degree in a related field.
  • 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 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 may include commission and / or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

    Equal Opportunity Employer

    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 any other basis prohibited by federal, state, or local law.

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