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Executive Underwriter, Inland Marine

Liberty Mutual - Chicago, IL

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Job Description

About the role 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 doManage 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 (e.g. 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 opportunitiesMaintain clear, responsive relationships with brokers and agents; present proposals, obtain approvals and close businessDocument underwriting rationale and comply with underwriting guidelines, authority limits and governance processes.Experience5 + years of relevant experienceExperience with Inland Marine or multi-line insurance productsA desire to interact with brokers, agents and Liberty customersSkillsAnalytical, problem-solving capabilitiesStrong territory management skillsExcellent communication skillsThe ability to develop a marketing plan to travel and meet regularly with key business contacts both internal and externalAn aptitude for building rewarding relationships with agents and brokers, peer underwriters and underwriting assistantKnowledgeCommand of insurance finance and actuarial conceptsThorough knowledge of commercial insurance products, underwriting, risk selection, pricing and marketplaces, as well as regulatory issues in relevant territoriesUnderstanding of contract language, including regulatory and policy differences among applicable statesFamiliarity with continuous improvement processes and toolsEducationA bachelor’s degree in a related fieldPay Philosophy: The typical starting salary range for this role isdeterminedbya number offactors including skills, experience, education,certificationsand location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market andprovidesan 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 factorsset forth inthe compensation plan for the role.At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve. We value your hard work,integrityand 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 Mutualisan equal opportunity employer. We will not tolerate discriminationon the basis ofrace, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal,stateor local law. Fair Chance Notices CaliforniaLos Angeles IncorporatedLos Angeles UnincorporatedPhiladelphiaSan Francisco

Created: 2026-01-01

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