Liberty Mutual - Mahwah, NJ
posted 4 months ago
Liberty Mutual Surety is currently seeking a Senior Surety Underwriter to join our Core Contract team in Mahwah, NJ. In this role, you will be responsible for marketing, underwriting, and servicing independent agents, brokers, and contract surety accounts within an assigned territory. Your primary focus will be on building and maintaining positive relationships with agents and brokers, emphasizing relationship building over transactional sales. You will leverage your business and financial acumen to conduct primary credit underwriting and financial/risk analysis, providing recommendations and making decisions on both new and existing accounts. This position offers an excellent opportunity for an experienced and self-motivated surety professional looking to advance their career with a leading surety company that prioritizes its employees and customers. As a Senior Surety Underwriter, you will meet with agents and brokers from your assigned customer base to solicit business submissions through marketing efforts and educate agency representatives on Liberty Mutual Surety policies, procedures, appetite, and requirements. You will act in a consultative capacity, discussing and reviewing agency accounts and performance. Your responsibilities will include underwriting new and existing account submissions, utilizing the underwriting authority granted by the Chief Underwriting Officer, and making thorough evaluations of customers' financial, technical, organizational, and management capacities. You will also perform analytical evaluations of financial statements, determining the present and historical financial position of accounts and monitoring their financial status through analysis of quarterly statements and work in progress data. In addition to underwriting responsibilities, you will develop and maintain strong relationships with agents and brokers, overseeing a book of contract surety business within your defined territory. You will be expected to meet production, marketing, and profitability goals set by your manager and assist in developing a marketing plan. Staying abreast of Liberty Mutual Surety product lines, you will identify cross-selling opportunities and engage appropriate parties as necessary. You will also be responsible for investigating, analyzing, and managing all necessary underwriting, accounting, and workflow issues within the framework of Surety policies and procedures. This role may involve mentoring more junior staff and performing special projects and other duties as assigned.