SURETY EXECUTIVE UNDERWRITER

Pay Philosophy

The typical starting salary range for this role is determined by factors such as skills, experience, education, certifications, and location. The full salary range reflects the competitive market value across the nation and offers opportunities for growth within the role. Some roles may include compensation plans with commissions and/or bonuses, varying based on specific factors outlined in the role's plan.

Job Description

Liberty Mutual Surety is recruiting for a Surety Executive Underwriter to join our Orange, CA Core Contract team.

As a Surety Executive Underwriter, you will develop and underwrite profitable surety business, servicing independent agents, brokers, and core contract accounts within an assigned territory. Your excellent relationship skills will enable you to build and maintain positive partnerships with agents, brokers, and accounts as a trusted advisor and underwriting resource. You will use your business and financial acumen to perform primary credit underwriting and risk analysis, provide recommendations, and make decisions on new and existing accounts. This role is ideal for an experienced, self-motivated surety professional seeking career growth with a top company focused on its employees and customers.

Liberty Mutual Surety, part of Liberty Mutual Insurance, is the largest global surety provider, including in the US. We operate worldwide through fronting relationships and subsidiaries, providing bonds in over 60 countries for construction, manufacturing, and commercial enterprises. We are committed to mutually profitable relationships, offering smart solutions, ease of doing business, and responsive service. We value diversity and operate in more than 18 countries.

Responsibilities:

1. Underwrite and negotiate accounts to maximize profitability while minimizing risk, including complex accounts. Evaluate customer financials, technical and organizational capacities, and character.
2. Manage profitability and retention of your book of business, developing the portfolio through strong relationships and active engagement with agents and brokers. Assist in marketing plan development.
3. Analyze financial statements to assess financial health and monitor risk through quarterly statements and work-in-progress data.
4. Stay informed about Liberty Mutual Surety and Global Risk Solutions products, identifying and promoting opportunities with agents and brokers.
5. Handle underwriting, accounting, and workflow issues within Surety policies and procedures.
6. Assess changes in business aspects, including work programs, financial strength, risk inherent in work performed, data accuracy, and exposure. Coordinate issues with Underwriters and Management.
7. Evaluate business continuity and funding mechanisms to prevent financial strain on customers in case of owner demise or insurable loss.
8. Mentor junior staff as appropriate.
9. Perform special projects and other duties as assigned.

Qualifications:

• Bachelor's degree in Finance, Accounting, or related field, with 7+ years of surety underwriting or related experience; 10+ preferred. Strong preference for Core Contract Surety experience.
• Solid understanding of financial and accounting principles; sound judgment in evaluating financial and credit data.
• Proven analytical skills in underwriting risks.
• AFSB certification is preferred.
• Excellent communication skills to explain complex analyses clearly.
• Strong interpersonal skills.
• Organizational skills with attention to detail.
• Salary and level depend on experience and location.

About Us

Liberty Mutual is dedicated to fostering an inclusive environment where employees from diverse backgrounds can thrive. We offer comprehensive benefits, ongoing learning opportunities, and support for professional growth. We believe progress happens when people feel secure, and we are committed to providing protection and care to help people embrace today and pursue tomorrow confidently.

We are proud to promote diversity, equity, and inclusion through our Employee Resource Groups, and we value integrity, commitment, and hard work. To learn more about our benefits, visit: . Liberty Mutual is an equal opportunity employer and prohibits discrimination based on race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran’s status, pregnancy, genetic information, or any other protected basis by law.

Fair Chance Notices

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