Department: GRS Office of Underwriting

Location: Toronto, Calgary or Vancouver

Reports to: Global Head of Strategic Partnerships, Energy Transition

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 300 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:

- A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance

- Competitive health & dental benefits plan

- Market-leading pension plan

- Competitive time off policy

- External education & tuition reimbursement programs

- Employee & Family Assistance Programs

- An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusion

The Opportunity:

The Sr Director I, Energy Transition manages product development, product maintenance, pricing and profitability and plays a key role in partnering with the Global Head of Energy Transition in setting the strategic direction for Energy Transition for GRS, engaging with brokers and clients to ensure the products are market leading. Responsible for all product specific capability enhancement decisions, this role will drive Energy Transition product development and continuous improvement across Global Risk Solutions (GRS). The role will manage cross-dependencies with functional areas to ensure Energy Transition products are fit for purpose and drive efforts to ensure products remain competitive in the global market. The Sr Director I will ensure we have appropriate training for employees related to Energy Transition and lead talent development initiatives.

Duties and Responsibilities:

Strategy & Execution

• Plays a key role in partnering with the Global Head of Energy Transition to set the product strategy and annual financial plan for Energy Transition to ensure our products meet the needs of our clients and brokers while also driving overall profitability.
• Monitors developments in the macro and regional risk environments that could impact product portfolio performance and partners with internal team members to ensure alignment between pricing, risk selection and direction of the portfolio.
• Drives knowledge sharing for relevant global and regional trends and information on evolving nature of risk, performance results, claim trends, etc. that will then be used to inform local underwriting strategy decisions
• Develops and executes plan for identification, quantification, approaches to wording, underwriter training for Energy Transition with input from team.
• Enables design of and approves new Energy Transition products, in alignment with internal stakeholder, client and broker needs.
• Collaborates with actuarial, claims and UW Heads to ensure that our product and wordings are fit for purpose and properly priced.
• Works closely with Sustainability and Risk teams to validate assumptions in various transition risk scenarios.
• Establishes formal guidelines and standards to build a common approach for Energy Transition underwriting and risk services

UW Capability Development:

• Determines SBU underwriting investment needs to continue monitoring and/or executing effectively, including data capture or strategy.
• Monitors existing training and talent development programs across the globe to ensure proper levels of technical training for Energy Transition.
• Drives knowledge sharing for relevant global and regional trends and information on evolving nature of risk, performance results, claim trends, etc. that will then be used to inform local underwriting strategy decisions.

Talent Management

• Operates in Team of Teams environment, leading product and/or underwriting analyst professionals to enable global execution of product initiatives.

Skills & Qualifications:

• Extensive Underwriting P&L experience
• Deep experience in technical training for Energy Transition
• Energy Transition product expertise and underwriting experience, working knowledge of relevant products. Deep understanding of how the pieces of the organization fit together to create value and deliver results. Maintain a solid grasp on the ever-changing context within which the business competes.
• Internationally experienced
• Leader with strategic mindset and demonstrated relationship building ability. Ability to form effective and trusting relationships with superiors, peers, and direct reports, studying, and meeting the needs of key stakeholders.
• Able to operate and influence in a complex matrix environment, acting as the convenor for capabilities owned by others. Can articulate views, engage other ideas, analyse data for insights, weigh alternatives, own the final call, and communicate decisions clearly.
• Able to advocate for Energy Transition topics internally and externally and gain alignment for Energy Transition processes, tools, and capabilities across markets
• Knowledge, skills, and other capabilities normally acquired through a bachelor`s degree or equivalent and extensive related experience.

The target annual salary for this role is $180,000 – 200,000. Salary is commensurate with candidate experience.

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.