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Liberty Mutual Insurance · 1 month ago

Senior Surety Underwriter

US-FL-Miami

Full-time

Onsite

Senior Level

$68K/yr - $176K/yr

5+ years exp

Liberty Mutual is seeking an experienced Sr. Surety Underwriter to underwrite and provide service to multi-national accounts with both contract and commercial bond requirements in Latin America and the U.S. The ideal candidate will have a strong background in multi-national account surety underwriting and fluency in Spanish, focusing on developing underwriting skills and relationships with stakeholders.

FinanceFinancial ServicesInsurance

Responsibilities

Market, underwrite & service moderately complex risks with supervision for more complex/higher risk accounts and cases. Supports efforts to implement underwriting strategy

Demonstrates comprehensive knowledge across Latam and solicits surety account submissions from assigned producer/customer base via marketing efforts. Independently & effectively call on all producers/customers to support marketing activities & business plan development. Typically works independently and able to develop strategies to support producer/customer efforts to increase business activities & submissions. Serve as the trusted advisor & underwriting resource for producers, customers, and territories

Provide technical expertise & direction to less experienced underwriters & helps maintain underwriting standards of business across the team

Monitors the quality of underwriting in utilizing self-audit processes and/or other techniques

Evaluate & analyze new surety obligations & provide management with reporting, as assigned

Underwrites new and existing accounts in conformance with underwriting guidelines

Works independently on standard existing accounts

Focuses heavily on developing underwriting skills, and relationships with internal and external stakeholders

Explains the Liberty Mutual Surety target accounts strategy to producers/customers and quickly identifies accounts that are inside and outside these guidelines

Qualification

Surety underwritingFinancial statement analysisSpanish fluencyBusiness developmentRelationship managementAnalytical skillsTechnical expertiseFinance conceptsBusiness law

Required

Bachelor's degree in Finance, Accounting or equivalent

Minimum of 5 years experience expected, preferably 7 or more years surety underwriting experience and/or equivalent surety related business experience

Must be Spanish-fluent on both written and verbal business communications

Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility that includes competence with all phases & aspects of the underwriting process and proficiency in the use of qualitative & quantitative tools & 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

Demonstrated track record of business development and has achieved results through relationships

Proven ability to successfully develop and maintain effective internal and external relationships in both English and Spanish

Has strong knowledge of the key finance and accounting concepts, business law and ethical guidelines, and of the various Surety products underwritten by Liberty Mutual and/or across the Surety industry

Successful completion of certifications depending on country of origin