Subcontractor Default Insurance (SDI) Underwriter

Liberty Mutual Insurance; United States; Remote; USD 70,000 - 90,000; Full time

Job summary

Liberty Mutual is seeking a Subcontract Default Insurance (SDI) Underwriter to support its construction product offerings. This role involves analyzing SDI accounts, developing stakeholder relationships, and leveraging data for risk management. Ideal candidates will have a strong background in construction and relevant degrees.

Benefits

Comprehensive benefits

Continuous learning opportunities

Inclusive environment

Qualifications

• Minimum 3 years of experience, preferably in construction.
• Experience in the construction industry is highly preferred.

Responsibilities

• Review and analyze financial, capacity, and operational controls.
• Develop and maintain relationships with stakeholders.
• Utilize data and analytics to enhance underwriting risk selection.

Skills

Analytical Skills

Decision-Making

Communication

Interpersonal Skills

Education

Bachelor’s Degree in Finance

Bachelor’s Degree in Construction Management

Bachelor’s Degree in Accounting

Bachelor’s Degree in Risk Management and Insurance

Job description

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 as employees develop within the role. Some roles at Liberty Mutual include a compensation plan that may feature commissions and/or bonuses, varying based on multiple factors outlined in the plan.

Position Overview

Liberty Mutual is hiring a Subcontract Default Insurance (SDI) Underwriter to support our construction product offerings and portfolio. The SDI Underwriter will assist the Underwriting Team in analyzing and managing SDI accounts of varying sizes and complexities, aligning with SDI’s national strategy. SDI is a growing team within Liberty Mutual Surety.

About Liberty Mutual Surety

Liberty Mutual Surety, part of Liberty Mutual Insurance, is the world's largest surety provider, including in the U.S. We operate worldwide through fronting relationships and subsidiaries, providing bonds in over 60 countries for construction firms, manufacturers, suppliers, and commercial enterprises on an account and transactional basis. We are committed to profitable relationships, innovative business solutions, ease of doing business, and responsive service. We value diversity and operate in more than 18 countries.

Responsibilities:

1. Review and analyze financial, capacity, and operational controls in line with current SDI practices.
2. Support the execution of SDI’s vision and value proposition, considering changing business dynamics, key drivers, and financial factors.
3. Leverage strong broker relationships in the U.S. and Canada to promote Liberty Mutual and participate in industry events.
4. Implement SDI business strategies to position the product and client segments for long-term profitability and market leadership.
5. Develop and maintain relationships with internal and external stakeholders. Assist with new product development, implementation, and oversight. Collaborate with other teams to share insights and best practices.
6. Utilize data, analytics, and technology to enhance underwriting risk selection and portfolio management.
7. Perform special projects as assigned.

Preferred Experience

Experience in the construction industry is highly preferred.

Qualifications:

• Bachelor’s Degree in Finance, Construction Management, Accounting, Risk Management and Insurance, or related business field; minimum 3 years of experience, preferably in construction.
• Strong analytical and decision-making skills.
• Ability to communicate complex analyses clearly, both verbally and in writing.
• Excellent interpersonal skills for engaging with stakeholders and leading presentations, including to senior leadership.

About Us

Liberty Mutual is dedicated to fostering an inclusive environment where employees from all backgrounds can thrive. We offer comprehensive benefits and continuous learning opportunities to support professional and personal growth. We believe progress happens when people feel secure, and we are committed to diversity, equity, and inclusion.

Our Employee Resource Groups (ERGs) provide spaces for connection, learning, and engagement. We value integrity, hard work, and commitment, and prioritize your well-being with supportive benefits. Learn more at: https://LMI.co/Benefits

Liberty Mutual is an equal opportunity employer. We do not tolerate 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. Fair Chance Notices include California, Los Angeles (Incorporated and Unincorporated), Philadelphia, and San Francisco.