Liberty Mutual

Senior Surety Underwriter - Small to Mid Contract (Florida)

Liberty Mutual$90K — $120K *
Miami, FL 33186In-Person
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Degree in Business or equivalent required
  • 2.5+ years of surety underwriting or related experience
  • Strong analytical skills for evaluating underwriting risks
  • Comprehension of complex technical underwriting issues
  • Proven ability to develop profitable surety business

Responsibilities

  • Underwrite and negotiate complex contract/SBA accounts
  • Manage profitability and retention of an assigned book of business
  • Perform analytical evaluations of financial statements
  • Promote product lines with agents and brokers
  • Investigate and manage underwriting/accounting issues
  • Assess changes in business risk and financial strength
  • Evaluate business continuity arrangements and funding mechanisms

Benefits

  • Flexible work arrangement with office attendance twice a week
  • Opportunities for professional development and mentorship
  • Supportive company culture focused on employees and customers
  • Access to global risk solutions and product lines
  • Potential for career advancement within a top surety company
Full Job Description
Description

Liberty Mutual Surety™ is currently recruiting for a Senior Surety Underwriter to join our Small to Mid-Contract Team in the Southeast Surety Plus’s Florida Branch.

 

As a Senior Surety Underwriter, you will develop and underwrite profitable surety business, and service independent agents, brokers, and small to mid-sized contract accounts within an assigned territory. Using your excellent relationship skills, you will build and maintain positive partnerships with 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.

 

 Responsibilities:

  • Underwrite and negotiate contract/SBA accounts to maximize profitability whilst minimizing risk, which may include the most complex accounts based on level of role.Makes thorough evaluations and assessments of a customer27s financial, technical, organizational, and management capacities, including experience, desired objectives as well as a subjective judgment of character.
  • Manage the profitability and retention of an assigned book of business while continue to develop the portfolio through strong relationships and active engagement with new and existing agents and brokers. May assist in developing the marketing plan.
  • Performs analytical evaluations of financial statements on both a static and trend basis. Determines the present and historical financial position of accounts and monitors financial position of risk through analysis of quarterly statements and work in progress data as appropriate.
  • Stay abreast of Liberty Mutual Surety and Global Risk Solutions product lines and identify/promote opportunities across with agents and brokers, leveraging domestic and global capabilities.
  • Responsible for investigation, analyzing, and managing all necessary underwriting/accounting/workflow issues, within framework ofSurety policies and procedures.
  • May assess and identify changes in all aspects of the business including, but not limited to, work program to financial strength criteria, nature of work performed (inherent risk), accuracy and timeliness of data flow, and exposure analyses. Coordinate and surface issues to Home Office Underwriters and Field Management.
  • Assists in the evaluation of business continuity arrangements and funding mechanisms (such as adequacy of life insurance) to preclude financial drain of customer in the event of the demise of (an) owner or other insurable loss.
  • May mentor more junior staff based on level.
  • Performs special projects and other duties as assigned.

 

If the selected candidate lives within 50 miles of a GRS office, then the selected candidate should be prepared to come into the office two days/week, but this is subject to change.

 

This position is posted as a Senior Surety Underwriter, but we will consider candidates at various levels of experience. The posted salary range is for the Senior Surety Underwriter position and any salary offer will be based on experience.

Qualifications
  • Degree in Business or equivalent typically required
  • A minimum of 2.5 years, typically 3 or more years, of surety UW experience and/or other related experience
  • Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility that includes competence with all phases and aspects of the underwriting process and proficiency in the use of qualitative and quantitative tools and techniques
  • Must demonstrate comprehension of complex technical underwriting issues and be capable of defining and implementing necessary underwriting and administrative processes/workflows to properly manage or administer those issues
  • Proven track record of developing and underwriting profitable Surety business

About Liberty Mutual

Since 1912, Liberty Mutual Insurance have committed theirselves to providing broad, useful and competitively-priced insurance products and services to meet their customers' ever-changing needs. Their delivery on this commitment is the reason they're now the third largest property and casualty insurer in the U.S. based on 2012 direct premium written according to the National Association of Insurance Commissioners.

Liberty Mutual Careers

Join the vibrant team at Liberty Mutual, a leading global insurance company, where your career is in your hands. At Liberty Mutual, we are committed to fostering an inclusive culture that values diversity and innovation. With a variety of job opportunities across multiple fields, this is where your professional journey can truly flourish.

Work You’ll Do

At Liberty Mutual, you’ll be part of a team that’s dedicated to empowering people to live safer, more secure lives. Whether you’re interested in a position in claims handling, underwriting, or customer service, you’ll find a platform here to enhance your skills and push the boundaries of what you can achieve.

Explore Our Job Opportunities

Liberty Mutual offers a range of career paths for both seasoned professionals and those just starting out. Our internship programs provide invaluable hands-on experience, helping to bridge the gap between education and full-time employment. For those seeking to grow their career, we offer positions that challenge and inspire, backed by benefits that support both professional and personal growth.

Innovate with Us

Innovation is at the heart of Liberty Mutual. We encourage our team to bring fresh ideas that drive industry leadership and improve customer experiences. By joining our team, you’ll collaborate with talented professionals who are keen on developing solutions that lead the market.

Develop Your Career

Liberty Mutual is deeply invested in the professional development of its employees. With comprehensive diversity training and leadership programs, we prepare you to take on leadership roles within the company. Networking opportunities within the company can lead to mentorship and further career advancement.

Benefits of Joining Liberty Mutual

Working at Liberty Mutual comes with numerous benefits. From competitive salaries to health and wellness programs, we ensure our team members are well taken care of. More than just a job, a position at Liberty Mutual is a stepping stone to a fulfilling career.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Liberty Mutual. We are actively hiring and looking for individuals who are passionate, curious, and ready to drive change. Enhance your resume, prepare for your interview, and become part of a company that values your unique skills and vision.

Stay Connected

Keep up to date with the latest from Liberty Mutual Careers by subscribing to our job alert emails. Tailor your subscription to match your career preferences and get insights into new postings and career tips directly from our team.

Liberty Mutual: A Place to Grow, Innovate, and Lead

Discover how you can make a difference. Visit our careers page to find the position that’s right for you and join a team that’s committed to growth, leadership, and innovation. At Liberty Mutual, your career is what you make it.
Learn more about Liberty Mutual
Size
45,000 employees
Industry
Founded
1912

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