Surety Underwriter

Description

Liberty Mutual Surety™ is currently recruiting for a Contract Surety Underwriter to join our Surety Plus Operation. This underwriting position's role is for our Small to Mid Contract Team.

As a Surety Underwriter you will develop and underwrite profitable surety business, and service independent agents, brokers, and small to mid-sized contract within an assigned territory. Using your excellent relationship skills, you will build and maintain positive partnerships our agents, brokers, and accounts as a trusted advisor and underwriting resource for our producers and customers. You will also use your business and financial acumen to perform primary credit underwriting and financial/risk analysis, provide recommendations, and make decisions on new and existing accounts. This is an excellent opportunity for an experienced and self-motivated surety professional looking to grow their career with a top surety company that focuses on its employees and customers first.

Liberty Mutual Surety, a business unit of Liberty Mutual Insurance, is the world's largest globally Surety, including in the United States. Conducting business worldwide through fronting relationships and Liberty-owned subsidiaries, we provide bonds in over 60 countries for construction firms, manufacturers and suppliers, and commercial enterprises on an account and transactional basis. We are committed to building mutually profitable relationships by providing smart business solutions, ease of doing business, and consistent, responsive service. Liberty Mutual Surety is dedicated to the communities we serve and highly values a diverse workforce in more than 18 countries.

Responsibilities

• Underwrites new and existing accounts in conformance with underwriting guidelines.
• Works independently on standard existing accounts.
• Focuses heavily on developing underwriting skills, and relationships with internal and external stakeholders.
• Promotes Surety account submissions from assigned producers or territory via marketing efforts and underwrites new business submissions with assistance, as appropriate.
• Develops and executes field marketing plans, when assigned.
• Explains the Liberty Mutual Surety target accounts strategy to producers/customers and quickly identifies accounts that are inside and outside these guidelines.

• Degree in Business or equivalent typically required
• At least 1 year, typically 1.5 or more years, of surety underwriting experience and/or other related business experience
• Typically includes completion of the Surety Underwriter Development Program
• Ability to successfully develop and maintain effective internal and external relationships
• Demonstrates strong Surety underwriting fundamentals and core understanding of the Surety Underwriting process and principles of suretyship
• Demonstrated analytical ability to evaluate and judge underwriting risks within defined authority
• Has a working knowledge of the key finance and accounting concepts, business law and ethical guidelines, and of the various Surety products underwritten by Liberty Mutual and/or across the Surety industry
• Effective communication and interpersonal skills required with ability to successfully develop and maintain productive producer/customer relationships.
• When applicable, successful completion of certifications.

• California
• Los Angeles Incorporated
• Los Angeles Unincorporated
• Philadelphia
• San Francisco