Underwriting Specialist, LII

Liberty Specialty Markets; Mexico; On-site; PHP 9,191,176 - 12,867,647; Full time

Job summary

Liberty Specialty Markets is seeking an experienced energy underwriting professional to grow and profit the energy product line. The role requires deep knowledge of downstream, midstream, and upstream Oil & Gas, as well as Power Generation insurance and reinsurance.

You will analyze and underwrite opportunities, develop business plans from market insights, and advise senior management on strategic directions.

Qualifications

• Minimum 5 years technical underwriting experience of the energy classes.
• Advanced knowledge of underwriting and risk engineering concepts, practices and procedures.
• Fluency in English (C2) & Spanish with some knowledge of Portuguese.
• Bachelor's Degree (preferably engineering) with progress toward professional examinations such as CPCU or ACII.

Responsibilities

• Underwrites downstream, midstream and upstream Oil & Gas, Power Generation and Heavy Industries insurance and reinsurance business within their Underwriting Authority.
• Reports to the Energy Regional Product Line Manager; selects and underwrites business based on analytical, data-driven decisions.
• Contributes to development of business and strategy plans from insights and market interactions.
• Advises senior management on strategy using research and client interactions.
• Collaborates across Risk Engineering, Claims, Actuarial, Finance and Operations to optimize performance.
• Leads product development and refinement using data insights, research, and AI.
• Manages and develops own portfolio of clients and producers.
• Maintains market presence with brokers and builds leadership-level relationships.

Skills

Technical underwriting

Energy insurance

Data-driven decisions

Analytical skills

Client relationship management

Market development

AI and data insights

Team collaboration

Negotiation

Communication

Education

Bachelor's Degree in Engineering

Progress toward CPCU/ACII

Tools

AI tools

GPT resources

Job description

Department: Energy - Underwriting

Type: Permanent - full time

Reporting to: Energy Regional Product Line Manager

Under limited direction, contributes to the growth and profitability of energy product line through underwriting, marketing and portfolio management. Requires specialist knowledge of technical underwriting of downstream Oil & Gas and Power Generation business. Demonstrates strong analytical, marketing and business development capabilities.

Responsibilities:

• Underwrites downstream, midstream and upstream Oil & Gas, Power Generation and Heavy Industries insurance and reinsurance business within their Underwriting Authority
• Reports to the Energy Regional Product Line Manager. Selects and underwrites business by making analytical, data-driven decisions based on the information provided
• Key contributor to development of the business and strategy plans based on insights and trends derived from research, and information derived from market interactions and relationships
• Leverages expertise and insights from research and client interactions to advise senior management and leadership on strategy;
• Works cross-functionally with counterparts in other functions and lines of business (e.g. Risk Engineering, Claims, Actuarial, Finance, Operations, Exposure Management ) to achieve objectives optimizing company performance
• Key driver and thought leader for product development and refinement based on data insights, research, use of AI and client interaction;
• Manages and develops own portfolio of Clients and Producers
• Develops and maintains exceptional market presence based on status as “go-to” and a household name with brokers for the line of business, including established trading relationships with brokers at leadership level.
• Constantly looks to strengthen these relationships, develop new ones to maintain and win business
• Acts as representative for the firm. Advocate for Liberty, seeks cross-selling and promotional opportunities.
• Contributes and participates in team meetings and strategic objectives
• Spends a proportion of time on designing/providing technical training for Underwriters and Assistant Underwriters as well as mentoring with a view to leading into a management position
• Maintains and develops status as demonstrated thought-leader, e.g. by taking appointments on relevant external bodies, appearing on panel discussions, media interviews, competent use of AI and GPT resources
• Fulfils compliance requirements of role, escalating where necessary
• Proactive team collaboration with colleagues across the globe who underwrite the same line of business

Knowledge Skills & Experience

• Minimum 5 years technical underwriting experience of the energy classes
• Advanced knowledge of Underwriting and Risk Engineering concepts, practices and procedures
• The ability to effectively interact with Brokers and internal departments
• Ability to travel overseas when necessary
• Fluency in English (C2) & Spanish with some knowledge of Portuguese
• Ability to collaborate effectively as a team player across departments and geographies
• Competent negotiation, analytical and decision making capabilities and skills
• Established strategic and marketing capabilities
• IT/AI competency
• Understanding of insurance performance metrics and financial statements
• Bachelor's Degree (preferably of an engineering designation) with progress or achievement of professional examinations – e.g. CPCU or ACII