Senior Surety Underwriter - Small to Mid Commercial

Liberty Mutual Surety; Miami (FL); On-site; USD 85,000 - 110,000; Full time

Job summary

Liberty Mutual Surety is seeking a Senior Surety Underwriter to join the Small to Mid Commercial Surety team in Florida. The role focuses on underwriting profitability, portfolio growth, and close collaboration with agents and brokers.

The candidate should have 2.5+ years of surety underwriting experience, strong analytical skills, and the ability to manage complex accounts across product lines, while aligning with Liberty Mutual's risk and financial objectives.

Qualifications

• Degree in Business or equivalent typically required.
• 2.5+ years of surety underwriter experience or related experience.
• Proven analytical ability to evaluate underwriting risks across the full process.
• Ability to define and implement underwriting processes/workflows.
• Proven track record of underwriting profitable Surety business.

Responsibilities

• Underwrite and negotiate accounts to maximize profitability while minimizing risk, including complex accounts.
• Manage profitability and retention of an assigned book, develop the portfolio through strong relationships with agents/brokers.
• Analyze financial statements and assess financial position from quarterly data and work in progress.
• Stay informed about product lines and identify opportunities with agents and brokers.
• Investigate, analyze, and manage underwriting and workflow issues within Surety policies.

Skills

Underwriting

Analytical skills

Risk assessment

Client relationships

Mentoring

Education

Degree in Business

Job description

Liberty Mutual Surety™ is currently recruiting for a Senior Surety Underwriter to join our Small to Mid Commercial Surety team in Florida.

Responsibilities

• Underwrite and negotiate 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 customer’s 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 of Surety 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.

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 Us

Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.

We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefits

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