Subcontractor Default Insurance (SDI) Underwriter

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.

Description

As a part of our construction product offerings and portfolio, Liberty Mutual is hiring a Subcontract Default Insurance (SDI) Underwriter to join our team. The SDI Underwriter will work in support of the Underwriting Team in analyzing and managing new and existing SDI accounts of all sizes and complexities, in support of SDI’s national strategy. SDI is a growing team within Liberty Mutual Surety.

Liberty Mutual Surety, a business unit of Liberty Mutual Insurance, is the world’s largest globally Surety, including in the United States. Conducting business worldwide through fronting relationships and Liberty-owned subsidiaries, we provide bonds in over 60 countries for construction firms, manufacturers and suppliers, and commercial enterprises on an account and transactional basis. We are committed to building mutually profitable relationships by providing smart business solutions, ease of doing business, and consistent, responsive service. Liberty Mutual Surety is dedicated to the communities we serve and highly values a diverse workforce in more than 18 countries.

Responsibilities:

• Review and analysis of financial, capacity, and operational systems and controls in conjunction with current SDI practices.
• Help execute the SDI vision and value proposition that recognizes changing business and competitive environment dynamics, key business drivers, and financial elements.
• Leverage strong United States and Canadian broker relationships to effectively promote and represent Liberty Mutual with customers and at industry events.
• Support and execute SDI business strategy to successfully propel the product and client segments into a significant, profitable, sustainable, and long-term marketplace leadership position.
• Develop, leverage, and maintain internal and external stakeholder relationships. Assist with new product development, implementation, and oversight; actively engage with others in the Liberty Mutual suite of construction surety and insurance offerings as well as collaborate with other underwriters, claims, and actuarial teams to share insights and best practices across the organization.
• Utilizing data, analytics, and technology to improve Underwriting risk selection and portfolio management.
• Special projects as assigned.

Experience in the construction industry is highly preferred!

Qualifications

• Bachelor’s Degree in Finance, Construction Management, Accounting, Risk Management and Insurance or business related field typically required. A minimum of 3 years experience preferably in the construction industry.
• Analytical ability and decision-making skills
• Demonstrated ability to make and clearly communicate sound recommendations that includes complex analyses, both verbal and written
• Displays strong interpersonal skills in dealing with internal and external stakeholders, including leading presentations with senior leadership.

About Us

As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally. 

At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.

We are proud to support a diverse, equitable and inclusive workplace, where all employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.

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://LMI.co/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