Liberal Arts Career Services
Liberal Arts Career Services

Liberty Mutual Insurance, Underwriting Training Program-Commercial Insurance-Richardson, TX, Application Deadline, BTT Gateway Job ID 8114

Sun, March 30, 2014

Underwriter Training Program

The start date for this program is June 2014.

Our underwriters focus on answering two fundamental questions. Should we write a policy for a particular customer? What is a fair price for the risk that we would incur by writing the policy? On the surface, these questions may seem straightforward, but as an underwriter, you will possess a curiosity that propels you to dig a little deeper for the answers.

You will rely on your strong analytic, communication, and negotiation skills and thrive in a fast-paced, collaborative environment. Underwriters are natural problem solvers who want to know our customers and how we can profitably accept the risks that our policies cover.

Our Underwriting training positions offers you the chance to build on your academic success and develop risk selection and decision making skills that can advance your career.

• Successfully complete Underwriter training program and prescribed courses which include: On the Job Training, Classroom Instruction, Self-Study, Case Studies, Rating and Underwriting Activities
• Develop judgment to accept, reject or modify new and renewal business for all commercial lines, with guidance and direction as needed from experienced underwriters or team leader, to ensure a profitable commercial book of business.
• Price business according to company underwriting and pricing guidelines and ensures standards for timeliness are met.
• Market the Company products to achieve company growth and profitability targets.
• Develop on-going relationships with internal and external customers and monitor profitability and quality of submissions, and keeps up-to-date with underwriting and/or product changes.
• Review and becomes familiar with: Policy coverage’s, Agency relationships, Underwriting and team guidelines, processes, and procedures, Company business strategy and organization
• Work with a Underwriting Manager, Underwriting staff, and in-house and outside educational providers to enhance knowledge and experience in: Underwriting Techniques and Decision Making Methods, Problem Solving Methods, Sales and Negotiating Skills
• Please note that as part of our application process for this position, you may be asked to fill out an employment questionnaire that may take up to 45 minutes to complete.

• 0-2 years of professional experience
• Bachelor's degree with a minimum 3.0 cumulative GPA. Additional requirements may apply
• Willingness to complete professional designation(s) and continued insurance education
• Analytical and demonstrated decisiveness while making quality decisions
• Capability to understand a wide variety of business operations and model loss potential
• Ability to calculate complex pricing recommendations
• Strong customer service orientation
• Demonstrated organization skills and ability
• Effective interpersonal skills including ability to negotiate successfully
• Successful completion of Training Program requiring 30% travel over the first 6 months

We recognize that talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason we offer a Comprehensive Benefits Plan that includes the following:
• 401K (company match) and Company paid pension plan
• Medical coverage
• Dental coverage
• Paid time-off
• Pay-for-Performance
• Discounts on automobile and homeowner's insurance
• Discount fitness memberships
• Flexible spending accounts
• Tuition reimbursement
• Vision care coverage
• Work/Life resources
• Credit Union membership
• Employee and Dependent life insurance
• Disability insurance
• Accidental death & dismemberment insurance
• Career advancement through our promote from within philosophy


At Liberty Mutual Insurance, doing the right thing is essential. That’s why we offer a diverse range of internships and career opportunities that complement your academics, and provide experience through immediate responsibility and stimulating work.

You’ve made a significant investment in your education, and we want to do the same for your career. As a Fortune 100 company, we have the training and resources for you to expand your skills and creativity to drive our business forward. A diversified global insurer, LMI employs over 50,000 people in more than 900 offices worldwide.
Responsibility. What's your policy?
BTT Gateway Job ID 8114


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    University of Texas at Austin
    FAC 18
    2304 Whitis Ave. Stop G6200
    Austin, Texas 78712-1508