Liberty Mutual Surety™
Senior Surety Underwriter, Small to Mid Commercial
Liberty Mutual Surety™, Sioux Falls, South Dakota, United States, 57102
Senior Surety Underwriter, Small to Mid Commercial
Join to apply for the Senior Surety Underwriter, Small to Mid Commercial role at Liberty Mutual Surety™.
Pay Range Base pay range: $68,000.00/yr - $194,000.00/yr.
Liberty Mutual Surety™ is currently recruiting for a Senior Surety Underwriter to join our Small to Mid Commercial team, preferably in our Warrenville, IL office. Candidates in other listed locations will also be considered.
As a Senior Surety Underwriter you will develop and underwrite profitable surety business, and service independent agents, brokers, and small to mid commercial accounts within an assigned territory. Using your excellent relationship skills, you will build and maintain positive partnerships with our agents, brokers, and accounts as a trusted advisor and underwriting resource. 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.
Company Overview Liberty Mutual Surety, a business unit of Liberty Mutual Insurance, is the world’s largest global surety provider. Conducting business worldwide through fronting relationships and Liberty-owned subsidiaries, we provide bonds in over 60 countries for construction firms, manufacturers, 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
Underwrite and negotiate accounts to maximize profitability whilst minimizing risk, including complex accounts.
Manage the profitability and retention of an assigned book of business while developing the portfolio through strong relationships and active engagement with new and existing agents and brokers.
Perform analytical evaluations of financial statements on a static and trend basis, determining the current and historical financial position of accounts and monitoring risk through analysis.
Stay abreast of Liberty Mutual Surety and Global Risk Solutions product lines and identify and promote opportunities across agents and brokers, leveraging domestic and global capabilities.
Investigate, analyze, and manage underwriting/accounting/workflow issues within the framework of Surety policies and procedures.
Assess changes in all aspects of the business, including work program to financial strength criteria, nature of work performed, data flow accuracy, and exposure analyses; coordinate issues with Home Office Underwriters and Field Management.
Assist in evaluating business continuity arrangements and funding mechanisms to preclude financial drain of customers in the event of owner loss.
Mentor more junior staff as appropriate.
Perform special projects and other duties as assigned.
Qualifications
Bachelor’s degree in Finance, Accounting, or equivalent and a minimum of 5 years experience, preferably 7 or more years in surety underwriting or a related field.
Strong understanding of financial and accounting principles and the ability to demonstrate sound business judgment in evaluating financial condition and credit history.
Proven analytical ability to evaluate and judge surety underwriting risks within scope of responsibility.
AFSB certification preferred.
Excellent communication skills, both written and oral, for underwriting or training purposes.
Excellent organizational skills and attention to detail.
Salary and level based on experience and location.
About Us As a purpose‑driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers.
Through strong relationships, comprehensive benefits, and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.
We are dedicated to fostering an inclusive environment where employees from all backgrounds can build long and meaningful careers. By actively seeking employee feedback and amplifying the voices of our seven Employee Resource Groups, we create an environment where every individual can make a meaningful impact and we continue to meet the evolving needs of our customers.
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
Referrals increase your chances of interviewing at Liberty Mutual Surety™ by 2x.
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Pay Range Base pay range: $68,000.00/yr - $194,000.00/yr.
Liberty Mutual Surety™ is currently recruiting for a Senior Surety Underwriter to join our Small to Mid Commercial team, preferably in our Warrenville, IL office. Candidates in other listed locations will also be considered.
As a Senior Surety Underwriter you will develop and underwrite profitable surety business, and service independent agents, brokers, and small to mid commercial accounts within an assigned territory. Using your excellent relationship skills, you will build and maintain positive partnerships with our agents, brokers, and accounts as a trusted advisor and underwriting resource. 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.
Company Overview Liberty Mutual Surety, a business unit of Liberty Mutual Insurance, is the world’s largest global surety provider. Conducting business worldwide through fronting relationships and Liberty-owned subsidiaries, we provide bonds in over 60 countries for construction firms, manufacturers, 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
Underwrite and negotiate accounts to maximize profitability whilst minimizing risk, including complex accounts.
Manage the profitability and retention of an assigned book of business while developing the portfolio through strong relationships and active engagement with new and existing agents and brokers.
Perform analytical evaluations of financial statements on a static and trend basis, determining the current and historical financial position of accounts and monitoring risk through analysis.
Stay abreast of Liberty Mutual Surety and Global Risk Solutions product lines and identify and promote opportunities across agents and brokers, leveraging domestic and global capabilities.
Investigate, analyze, and manage underwriting/accounting/workflow issues within the framework of Surety policies and procedures.
Assess changes in all aspects of the business, including work program to financial strength criteria, nature of work performed, data flow accuracy, and exposure analyses; coordinate issues with Home Office Underwriters and Field Management.
Assist in evaluating business continuity arrangements and funding mechanisms to preclude financial drain of customers in the event of owner loss.
Mentor more junior staff as appropriate.
Perform special projects and other duties as assigned.
Qualifications
Bachelor’s degree in Finance, Accounting, or equivalent and a minimum of 5 years experience, preferably 7 or more years in surety underwriting or a related field.
Strong understanding of financial and accounting principles and the ability to demonstrate sound business judgment in evaluating financial condition and credit history.
Proven analytical ability to evaluate and judge surety underwriting risks within scope of responsibility.
AFSB certification preferred.
Excellent communication skills, both written and oral, for underwriting or training purposes.
Excellent organizational skills and attention to detail.
Salary and level based on experience and location.
About Us As a purpose‑driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers.
Through strong relationships, comprehensive benefits, and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.
We are dedicated to fostering an inclusive environment where employees from all backgrounds can build long and meaningful careers. By actively seeking employee feedback and amplifying the voices of our seven Employee Resource Groups, we create an environment where every individual can make a meaningful impact and we continue to meet the evolving needs of our customers.
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
Referrals increase your chances of interviewing at Liberty Mutual Surety™ by 2x.
#J-18808-Ljbffr