Underwriting Manager, Professional Liability

Department:
Underwriting
Location:
Toronto
Reports To:
Assistant Vice President, Financial & Professional Services
Company Overview:
Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 250 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal and Halifax.
At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. Diversity, Equity & Inclusion (DEI) is how we do business, and we’ll continue to invest in it to create a stronger global organization.
If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team!
Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:

• Competitive time off policy
• Competitive health & dental benefits plan
• An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusion
• External education & tuition reimbursement programs
• Market-leading pension plan
• A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance
• Employee & Family Assistance Programs

The Opportunity:
The primary focus of this role is to provide leadership, support and development to Ontario & Atlantic Regional Professional Liability underwriting.. You will lead the underwriting, business development and profitable growth of an assigned portfolio within the region. Key products include Architects and Engineers E&O, Contractors Professional Liability, and Miscellaneous Professional Liability. You will be responsible for ensuring the underwriting team contributes to the success of Liberty Mutual Canada’s Vision: to lead with purpose and to support the growth, innovation, and impact of Canadian business. Our vision will be achieved through focus on the following pillars: an inspiring culture; a customer centric-mentality; and a best-in-class operating model.
Duties and Responsibilities:

• Stay informed on any key legislative or regulatory changes affecting regional products or industry segments.
• Identify strategic areas for growth within the Professional Liability segment and support associated business planning and forecasting.
• Champion and model our Liberty Values and Guidelines for Inclusion to drive market leading culture and ensure positive employee engagement.
• Handle team underwriting referrals.
• Review, evaluate and initiate recommendations regarding appropriate modifications to underwriting guidelines or strategy in conjunction with monitoring profitability of an assigned portfolio of business.
• Manage and support the growth and development of a team of underwriters located in the region.
• Responsible for the monthly financial reporting of the team’s underwriting results. Assist with additional financial reporting and planning, as necessary.
• Prospect and underwrite new and renewal business within Liberty Mutual’s standards and guidelines.
• Evaluate and manage resources to support profitable growth, and ensure the team meets or exceeds new business, renewal, retention, rate and profit targets.
• Review and negotiate policy terms and conditions consistent with Liberty Mutual’s corporate strategy.
• Lead thought leadership initiatives that showcase Liberty’s expertise, solidify brand reputation and position Liberty as a valued partner in the eyes of customers
• Champion our key value proposition and ensure that we consistently offer top-level customer service to brokers and clients. Ensure these key standards are maintained across the organization and provide support to the Underwriting team in the region to expand our presence in the market.
• Utilize facultative reinsurance to protect the profitability of the Underwriting portfolio. Ensure that booking and coding is actively managed and cross-checked, as appropriate.
• Work with Operations & Technology, Industry & National Solutions, Product & Risk Services, and Alternative Risk Solutions to identify and prioritize initiatives to drive best-in-class service, productivity and multi-line business opportunities.
• Champion the development of technical and business development skills and support a high degree of employee engagement through a culture of success, empowerment and accountability.
• Act as a key resource for Professional Liability underwriters and as a key point of contact for authority sign off and technical training and development.
• Provide input to the development of marketing plans, working with the Regional Leader and other key stakeholders to expand and improve information sharing across the entity and support the continuous development and expansion of key broker relationships within the marketplace.
• Perform related duties as requested, including report preparation, presentations, special projects, and directing or conducting audits to ensure the success of the region.

Skills & Qualifications:

• Experience underwriting some or all of the key product(s) listed in the ‘Position Summary’.
• Proven track record of building strong broker and client relationships; providing market leading service, fostering an engaging work environment, and championing operational and technology initiatives aimed at enhancing underwriting productivity.
• 8-10+ years underwriting experience (or equivalent) with proven leadership skills.
• Bachelor’s degree/college diploma or equivalent technical expertise
• Excellent communicator, active listener, critical thinker and problem solver.
• Strong analytical and negotiation skills.
• Self-starter with superior time management and delegation skills.
• Ability to build relationships and exercise influence while working cross-functionally.

Liberty Mutual Canada is committed to fostering an inclusive, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we operate in and serve. If you require an accommodation for the recruitment/interview process due to a disability (which may be invisible or visible, temporary or permanent), please let us know and we will work with you to meet your needs.
LI-Hybrid