
Surety Underwriter
Are you looking for a career that combines analytical skills, risk assessment, and client relationships? Look no further than Liberty Mutual Insurance's Surety Underwriter position. As a Surety Underwriter, you will play a crucial role in our growing surety business by evaluating and managing risk for our clients. We are seeking a talented individual with strong attention to detail, excellent communication skills, and experience in underwriting or financial analysis. If you are a self-motivated team player with a passion for providing exceptional service to clients, we want to hear from you. Join our dynamic team and make a difference in the world of insurance.
- Evaluate and assess risk for clients seeking surety bonds.
- Manage client relationships by providing exceptional service and addressing any concerns or issues.
- Utilize analytical skills to review and analyze financial data to determine the creditworthiness of potential clients.
- Conduct thorough risk assessments to determine the appropriate surety bond terms and conditions.
- Maintain a high level of attention to detail in reviewing and underwriting surety bond applications.
- Communicate effectively with clients, colleagues, and other stakeholders to gather necessary information and make informed decisions.
- Keep up-to-date with industry trends, regulations, and best practices in surety underwriting.
- Collaborate with team members to ensure efficient and effective underwriting processes.
- Adhere to company policies and procedures, as well as applicable laws and regulations.
- Continuously strive for excellence in providing the best possible service to clients.
- Manage a portfolio of accounts, including renewals and new business.
- Use problem-solving skills to resolve issues and make sound decisions.
- Maintain accurate and organized records of underwriting activities.
- Act with integrity and maintain confidentiality in all aspects of the job.
- Contribute to the growth and success of the surety business through proactive and strategic thinking.
Bachelor's Degree In Business Administration, Finance, Risk Management, Or A Related Field.
Minimum Of 3-5 Years Of Experience In Surety Underwriting, Preferably In The Insurance Industry.
Strong Knowledge And Understanding Of Surety Bonds, Contract Language, And Applicable Laws And Regulations.
Excellent Analytical And Decision-Making Skills, With The Ability To Evaluate Risk And Make Sound Underwriting Decisions.
Effective Communication And Negotiation Skills, With The Ability To Build And Maintain Relationships With Clients And Agents.
Financial Analysis
Communication Skills
Negotiation skills
Attention to detail
Decision Making
Credit Analysis
Risk assessment
Contract review
Industry Knowledge
Legal Expertise
Bond Underwriting
Communication
Conflict Resolution
Leadership
Time management
creativity
Organization
Teamwork
Adaptability
Problem-Solving
Empathy
According to JobzMall, the average salary range for a Surety Underwriter in New York, NY, USA is between $79,000 and $120,000 per year. However, this may vary depending on the specific company, level of experience, and other factors. Ultimately, it is best to research the specific company and job requirements for a more accurate salary estimate.
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Liberty Mutual Group is an American diversified global insurer and the third-largest property and casualty insurer in the United States. Based in Boston, Massachusetts, it employs over 45,000 people in more than 900 locations throughout the world. The company, founded in 1912, offers a wide range of insurance products and services, including personal automobile, homeowners, workers' compensation, commercial multiple peril, commercial automobile, general liability, global specialty, group disability, fire and surety. Liberty Mutual Group owns, wholly or in part, local insurance companies in Argentina, Brazil, Chile, China (including Hong Kong), Colombia, Ecuador, India, Ireland, Malaysia, Poland, Portugal, Singapore, Spain, Thailand, Turkey, the United Kingdom, Venezuela and Vietnam.

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