Senior Underwriter, Healthcare Risk Management

Liberty Mutual Insurance; Phoenix (AZ); On-site; USD 68,000 - 247,000; Full time

Benefits offered by this job

Competitive compensation

Benefits including bonus earnings

Job summary

A leading insurance provider is seeking a Senior Underwriter in Healthcare Risk Management in Phoenix, AZ. This role involves managing a profitable book of business, evaluating risks, and building strong relationships with agents and brokers. The ideal candidate has a Bachelor's degree and 3 to 7 years of underwriting experience. A competitive salary and benefits are offered.

Qualifications

• Intermediate-level knowledge of insurance products/coverage and regulatory environment.
• Advanced-level knowledge of underwriting, pricing, and risk selection.
• Ability to lead mentoring relationships and negotiate effectively.

Responsibilities

• Develop and maintain a profitable book of business through effective underwriting.
• Evaluate opportunities by qualifying accounts and selecting risks.
• Responsible for production underwriting by marketing to healthcare accounts.

Skills

Intermediate-level knowledge of insurance products

Advanced-level knowledge of underwriting

Ability to apply underwriting appetite

Education

Bachelor’s degree

3 to 7 years of commercial lines underwriting experience preferred

Job description

Senior Underwriter, Healthcare Risk Management

Join to apply for the Senior Underwriter, Healthcare Risk Management role at Liberty Mutual Insurance

Base pay range: $68,000.00/yr - $247,000.00/yr

Description

The Healthcare Risk Management team is a unit within Major Accounts focused on mid‑sized and large healthcare providers. In this specialized unit you will primarily write Workers’ Compensation and Auto for all program structures, primarily loss‑sensitive. You will collaborate closely with partners in Loss Control, Industry Consulting, and Claims to build expertise in the healthcare industry and profitably grow the vertical. Managing a portfolio of brokers/agents and clients, you will leverage market presence to develop and underwrite profitable business, acting as a representative for Liberty. Maintaining strong relationships with senior brokers and key agents, you will strengthen and develop new relationships. Depending on experience, the business is considering this role for a Senior or Executive Underwriter based on qualifications.

Job Responsibilities

• Develop and maintain a profitable, diversified book of business through effective underwriting decision making, mutually beneficial agent/broker relationships, and application of underwriting tools and systems, and expert resources; guide and mentor less experienced underwriters.
• Risk selection: evaluate opportunities by qualifying accounts; select and assess risks; determine the premium, policy terms and conditions; obtain approvals; present the proposal to the agent/broker and successfully negotiate deals.
• Agent/Broker relationships: responsible for production underwriting by marketing to a geographic territory, targeting healthcare accounts with revenues greater than $10M.
• Demonstrate responsiveness and focus on supporting agents and brokers objectives through successful negotiations; develop and maintain the relationship through responsive service, site visits, in‑person renewal meetings, or enhanced knowledge of their customers’ businesses.
• Portfolio management: manage a sizable and complex book of business by analyzing the portfolio, identifying areas of opportunity for improved growth, profit, and diversification, and executing marketing plans to increase market share with preferred brokers; use pricing models as tools and guidance while tailoring price to risk, quality, and coverage terms to ensure portfolio profitability.
• Service value proposition: understand and articulate the specialized services Liberty Mutual can offer our healthcare insureds and how they compare to those provided by our competitors.
• Document the deal: document files in a way that reflects a solid thought process and decision making through comprehensive account reviews, sign‑offs and referrals.
• Leadership: formally guide, mentor, and coach underwriters in both technical and professional skills; demonstrate an area of expertise and provide regular updates to other underwriters.
• Continuous improvement: actively participate in continuous improvement by fully engaging in daily huddles, generating suggestions, following appropriate procedures and work principles, participating in problem‑solving activities, and using continuous improvement tools to support the team.

Qualifications

• Intermediate‑level knowledge of insurance products/coverage, market segments, and marketplace; insurance finance and actuarial concepts; loss control/risk engineering; marketing/selling techniques, and regulatory environment.
• Advanced‑level knowledge of underwriting, pricing, risk selection, and territory management.
• Ability to apply underwriting appetite, tools, systems, and resources to achieve goals, solve complex problems, establish and build healthy working relationships, lead mentoring relationships, negotiate.
• Bachelor’s degree; 3 to 7 years of commercial lines underwriting experience preferred; CPCU or professional insurance designation preferred.

About Us

Liberty Mutual is committed to fostering an inclusive environment where employees can build long‑meaningful careers. We offer competitive compensation including salary, commission and/or bonus earnings. Use our Benefits site at https://LMI.co/Benefits.

There are more details on benefits and learning opportunities available for our employees.

Fair Chance Notices

• California
• Los Angeles Incorporated
• Los Angeles Unincorporated
• Philadelphia
• San Francisco

Equal Opportunity Statement

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.