What are the responsibilities and job description for the Regional Distribution Manager position at Liberty Mutual Insurance?
Description
We are looking for an Agency Executive (Regional Distribution Manager) who will partner closely with the Regional Distribution and Underwriting Teams to develop and manage relationships with key regional brokers and agencies within the Midwest region. This role primarily represents the Middle Markets segment within the Global Risk Solutions (GRS) business unit.
The Agency Executive will collaborate with internal leadership across the organization to maintain the renewal book, add additional lines of business through cross-sell, drive new business opportunities, all while delivering an exceptional experience for our agency/broker partners.
Key Responsibilities
Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an 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 factors set forth in the 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, integrity and 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 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.
Fair Chance Notices
We are looking for an Agency Executive (Regional Distribution Manager) who will partner closely with the Regional Distribution and Underwriting Teams to develop and manage relationships with key regional brokers and agencies within the Midwest region. This role primarily represents the Middle Markets segment within the Global Risk Solutions (GRS) business unit.
The Agency Executive will collaborate with internal leadership across the organization to maintain the renewal book, add additional lines of business through cross-sell, drive new business opportunities, all while delivering an exceptional experience for our agency/broker partners.
Key Responsibilities
- Partner with the Distribution Team to build and sustain productive relationships with regional brokers and agencies that drive profitable Middle Markets growth.
- Understand and clearly articulate the underwriting appetite and business strategy of the GRS Middle Markets segment and represent those capabilities in the marketplace.
- Align with business segments to develop and execute plans that support profitable premium growth, new business, submissions, and rate and retention targets.
- Lead cross-sell initiatives that capitalize on regional growth plans and market opportunities to expand penetration across GRS segments.
- Develop and enhance working relationships with agents/brokers to write and retain business consistent with the organization’s risk appetite; partner with regional leadership to create agent/broker strategic business plans that drive targeted profitable growth.
- Use sales and marketing skills to increase market penetration, identify, and develop new agent/broker opportunities, and drive retention and new business production.
- Maintain close relations with production underwriters, keeping communication channels clear, ensure alignment and keep executive management informed of areas of concern and/or opportunity.
- Foster collaboration within the team to deliver exceptional service to brokers and clients.
- Respond to customer service issues and inquiries with a solutions-oriented approach; coordinate and lead client and agent/broker meetings and presentations.
- Monitor market and competitor activity, adapting value propositions and selling strategies accordingly.
- Actively participate in regional agent/broker and industry association meetings and events to represent GRS and develop relationships.
- Educated to degree level or equivalent usually obtained with 5 years of insurance and underwriting experience
- Strong leadership, communication, negotiation and presentation skills
- Ability to effectively interact with all levels of internal and external business partners and foster a culture of effective working relationships
- Strong understanding of P&C and Specialty insurance products with proven business development/sales skills and the ability to manage through influence and foster trusted relationships
- Must have the ability to work collaboratively and effectively on a team
Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an 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 factors set forth in the 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, integrity and 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 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.
Fair Chance Notices
- California
- Los Angeles Incorporated
- Los Angeles Unincorporated
- Philadelphia
- San Francisco
Salary : $125,300 - $163,800