Liberty Information Technology Limited
Chief Underwriting Officer, North America Specialty - GRS
Liberty Information Technology Limited, New York, New York, us, 10261
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 for this role 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 have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
Description
The Chief Underwriting Officer (CUO), North America (NA) Specialty is a critical, high-profile Global Risk Solutions (GRS) North America Underwriting (UW) leadership role that dual reports to the CUO of North America and the President of North America Specialty. This role will have accountability for underwriting strategy and execution, including setting a clear and consistent appetite, identifying growth opportunities, developing reinsurance strategies and working with North America and Global Office of Underwriting partners to shape the target portfolio.
Responsibilities:Sets sub-segment underwriting strategy and annual financial plan, aligned with upstream GRS NA and sub-segment strategies and plansSets reinsurance strategy for the sub-segment in conjunction with the GRS NA CUO'sSets strategy and monitors performance of plans for pricing, risk origination, market segmentation and risk selectionResponsible for execution and delivery of quality assurance activities within the segment, following the central framework established by the NA Office of UnderwritingEstablishes authority limits and referral criteria at the sub-segment level, cascading down within the overall GRS NA CUO's frameworkMonitors execution of sub-segment underwriting strategy and portfolio performance against plan; handles any referrals escalatedMonitors developments in the relevant markets and risk environments that could impact sub-segment portfolio performance, and establishes action plans for identified risks and opportunitiesDrives effective cross-functional collaboration and support with sub-segment level functional teamsProvides strong leadership to continually upgrade sub-segment underwriting talent through training, development, and recruitmentDetermines sub-segment underwriting investment needs to continue monitoring and/or executing effectively, including data capture or strategy, advanced analytics, technology, and talentSkills:
Analyzing and problem solving; decision making, building relationships; leadership; innovation; communicating effectively, engaging and motivating people; negotiation; influencing others; focusing on service; managing and improving processes; executing well; planning and organizing work.
Leadership Capabilities
A collaborative partner who will nurture trusting relationships. Encourages the open exchange of ideas and respect for other points of view.Influential senior executive with Underwriting P&L experience. Leader with a strategic mindset and demonstrated relationship-building ability that provides direction for the underwriting operations.A strategic leader who can establish long-term goals, achieve them, and deliver results.Forward-looking. Will seek opportunities to contribute and add value across the organization.A direct and transparent communicator. Knows how and when to keep others informed.An inclusive leader with a keen interest in developing diverse talent.A problem-solver who seeks to understand the underlying drivers of the results.Intellectually curious. Willing to ask questions and challenge my assumptions.Executive presence.Transformation & Innovation:
Experience in providing innovative underwriting solutions. A track record of challenging the status quo.Leadership Experience:
Influential senior executive with Underwriting P&L experience. Leader with a strategic mindset and demonstrated relationship-building ability that provides direction for the underwriting operations.Qualifications
At least 15 years of experience in underwriting specialty, property and casualty, managing a team of underwriters.Experience in relevant markets, with knowledge of sales and distribution channels. Product, pricing & underwriting expertise in Commercial & Specialty Lines.Manages company underwriting results to achieve corporate profitability. Experience in providing innovative underwriting solutions.A track record of challenging the status quo with strong technical underwriting expertise.Experience in relevant markets, with knowledge of sales and distribution channels. Objective and results-oriented leader with strategic mindset and demonstrated relationship building ability Strong discipline and has solid decision-making skills coupled with strong technical capabilities. Ability to formulate strategies across portfolios. Ability to set authorities to "define the boxes" based on strategyAbout Us
**This position may have in-office requirements depending on candidate location.**
As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.
We are proud to support a diverse, equitable and inclusive workplace, where all 45,000 employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
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.
Fair Chance Notices
CaliforniaSan FranciscoLos AngelesPhiladelphia
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 for this role 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 have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
Description
The Chief Underwriting Officer (CUO), North America (NA) Specialty is a critical, high-profile Global Risk Solutions (GRS) North America Underwriting (UW) leadership role that dual reports to the CUO of North America and the President of North America Specialty. This role will have accountability for underwriting strategy and execution, including setting a clear and consistent appetite, identifying growth opportunities, developing reinsurance strategies and working with North America and Global Office of Underwriting partners to shape the target portfolio.
Responsibilities:Sets sub-segment underwriting strategy and annual financial plan, aligned with upstream GRS NA and sub-segment strategies and plansSets reinsurance strategy for the sub-segment in conjunction with the GRS NA CUO'sSets strategy and monitors performance of plans for pricing, risk origination, market segmentation and risk selectionResponsible for execution and delivery of quality assurance activities within the segment, following the central framework established by the NA Office of UnderwritingEstablishes authority limits and referral criteria at the sub-segment level, cascading down within the overall GRS NA CUO's frameworkMonitors execution of sub-segment underwriting strategy and portfolio performance against plan; handles any referrals escalatedMonitors developments in the relevant markets and risk environments that could impact sub-segment portfolio performance, and establishes action plans for identified risks and opportunitiesDrives effective cross-functional collaboration and support with sub-segment level functional teamsProvides strong leadership to continually upgrade sub-segment underwriting talent through training, development, and recruitmentDetermines sub-segment underwriting investment needs to continue monitoring and/or executing effectively, including data capture or strategy, advanced analytics, technology, and talentSkills:
Analyzing and problem solving; decision making, building relationships; leadership; innovation; communicating effectively, engaging and motivating people; negotiation; influencing others; focusing on service; managing and improving processes; executing well; planning and organizing work.
Leadership Capabilities
A collaborative partner who will nurture trusting relationships. Encourages the open exchange of ideas and respect for other points of view.Influential senior executive with Underwriting P&L experience. Leader with a strategic mindset and demonstrated relationship-building ability that provides direction for the underwriting operations.A strategic leader who can establish long-term goals, achieve them, and deliver results.Forward-looking. Will seek opportunities to contribute and add value across the organization.A direct and transparent communicator. Knows how and when to keep others informed.An inclusive leader with a keen interest in developing diverse talent.A problem-solver who seeks to understand the underlying drivers of the results.Intellectually curious. Willing to ask questions and challenge my assumptions.Executive presence.Transformation & Innovation:
Experience in providing innovative underwriting solutions. A track record of challenging the status quo.Leadership Experience:
Influential senior executive with Underwriting P&L experience. Leader with a strategic mindset and demonstrated relationship-building ability that provides direction for the underwriting operations.Qualifications
At least 15 years of experience in underwriting specialty, property and casualty, managing a team of underwriters.Experience in relevant markets, with knowledge of sales and distribution channels. Product, pricing & underwriting expertise in Commercial & Specialty Lines.Manages company underwriting results to achieve corporate profitability. Experience in providing innovative underwriting solutions.A track record of challenging the status quo with strong technical underwriting expertise.Experience in relevant markets, with knowledge of sales and distribution channels. Objective and results-oriented leader with strategic mindset and demonstrated relationship building ability Strong discipline and has solid decision-making skills coupled with strong technical capabilities. Ability to formulate strategies across portfolios. Ability to set authorities to "define the boxes" based on strategyAbout Us
**This position may have in-office requirements depending on candidate location.**
As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.
We are proud to support a diverse, equitable and inclusive workplace, where all 45,000 employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
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.
Fair Chance Notices
CaliforniaSan FranciscoLos AngelesPhiladelphia