Senior Underwriting Manager, Middle Market Life Sciences

Senior Underwriting Manager, Middle Market Life Sciences

Join to apply for the Senior Underwriting Manager, Middle Market Life Sciences role at Liberty Mutual Insurance

This range is provided by Liberty Mutual Insurance. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$96,000.00/yr - $350,000.00/yr

Description
We are excited to announce that we are building our dedicated Life Sciences Underwriting team to launch Liberty Mutual's specialized Life Sciences Industry Practice within the Middle Market.

Under the leadership of Tory Agnich, Chief Underwriting Officer, Middle Market Life Sciences, our vertical is committed to delivering comprehensive, integrated multi-line Property and Liability insurance solutions tailored to mid-sized companies spanning biotechnology, pharmaceuticals, medical devices, dietary supplements, analytical laboratories, digital health innovators, cellular and tissue-based products, and the broader ecosystem that supports these companies.

This is a unique opportunity for professionals with a genuine passion for the Life Sciences sector to join an innovative, forward-thinking practice, supported by the full breadth of Liberty Mutual's product and service capabilities.

Our new underwriting team will collaborate closely with Liberty's seasoned Life Sciences Claims and Risk Control professionals to provide unparalleled expertise and service to the Life Sciences community.

As Liberty Mutual builds our new dedicated Life Sciences Underwriting team focused on the Middle Market, we are seeking a Senior Underwriting Manager to join us on the ground floor at a core level.

This role offers a unique blend of hands-on underwriting responsibilities for an experienced underwriter to support the early-stage growth of this specialized practice, with future leadership expectations as needs expand.

Responsibilities

• Establishes a visible external profile and excellent relationships with external agents and brokers, partners, and stakeholders, leveraging these relationships to grow the Life Sciences Middle Market portfolio.
• Executes Go-To-Market Strategy and Strategic Distribution Plan for brand awareness, education of trading partners, and ensuring full appreciation of Liberty's product and services capabilities for Life Sciences risks.
• Leads pipeline development strategies for Life Sciences Industry Practice.
• Underwrites individual accounts (mostly new business underwriting) including risk selection, risk assessment, pricing, crafting of terms/conditions, quoting/binding, and servicing a book of business.
• Upholds and exemplifies Liberty's value-proposition across the business and the market.
• Accountable for the performance of the growing Life Sciences portfolio.
• Leads or supports projects and initiatives to help grow Liberty's Life Sciences Industry Practice, designed to drive underwriting and process excellence.
• Models effective collaboration across teams, stakeholders and partners.
• Has strong knowledge of key legal cases, legislation and regulation impacting area(s) of underwriting expertise and the Life Sciences industry.
• Readily shares knowledge based on technical expertise, including providing external thought-leadership.
• Mentors, coaches, and trains other underwriters and internal partners.

Qualifications

• Degree in Business, Risk Management, or Scientific Field or equivalent typically required
• A minimum of 10 years of progressive underwriting experience, including a minimum of 2 years of proven underwriting management experience is preferred
• CPCU or professional insurance designation preferred
• Proven track record of developing and underwriting profitable business
• Proven analytical ability to evaluate high impact underwriting exposures specific to all Property and Liability Lines of Business for Life Sciences risks
• Demonstrated ability to communicate complex analyses and information in understandable written and/or oral directives to other persons in the organization for underwriting or training purposes
• Demonstrated effective communication and interpersonal skills in dealing with internal and external stakeholders required
• Demonstrated comprehension of the most complex technical underwriting issues and be capable of defining and implementing necessary underwriting and administrative processes/workflows to properly manage or administer those issues
• Must possess the following skills, abilities, and attributes:
• Strong leadership skills
• Development of people
• Strategic thinking
• Sustained, effective portfolio management and profitable growth
• Communication skills
• Decision-making skills
• Results-orientation
• Industrious, innovative, problem-solving skills
• Coaching and mentoring skills
• Negotiation skills

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.