Senior Underwriter, Financial Institutions - New York, NY (10001)

Description Senior Underwriter Financial Institutions Professional Lines (FI) Underwrites Financial Institutions Professional Lines business within delegated authority, exercising independent judgment and making analytical, data-driven decisions on appetite, structure and pricing.

Works mainly with banks, credit unions, broker-dealers, investment advisers, and other financial institutions across North America.

In this senior role you will handle more complex or unusual accounts and higher individual line sizes, applying deep product and industry knowledge with limited guidance from leadership.

Key responsibilities: Underwrite and bind FI Professional Lines accounts (e.g., D&O, Fiduciary, EPLI and other segement related lines pricing and structuring terms and limits.

Analyze financials, controls, regulatory/enforcement history, loss runs and thirdparty/vendor exposure to assess risk.

Manage a portfolio of brokers/agents and insureds; develop profitable business and retain renewals.

Maintain market relationships, negotiate placements, and escalate facultative/reinsurance needs as required.

Collaborate with Claims, Actuarial, Legal and underwriting leadership; contribute to product wording and process improvements.

Monitor regulatory changes and emerging FI exposures (fintech, vendor/cloud risk, cyberenabled fraud).

Mentor junior underwriters and support crossfunctional projects (no direct line management).

Qualifications Degree in Business or equivalent typically required A minimum of 2.5 years, typically 3 or more years, of progressive Financial Institutions or Professional Lines underwriting experience and/or other related experience RPLU or professional insurance designation preferred Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility that includes competence with all phases and aspects of the underwriting process, and proficiency in the use of qualitative and quantitative tools and techniques Must demonstrate comprehension of complex technical underwriting issues and be capable of defining and implementing necessary underwriting and administrative processes/workflows to properly manage or administer those issues Proven track record of developing and underwriting profitable business About Us Pay 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.

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