Underwriting Officer

Company: Liberty Mutual Insurance
Location: Plano
Posted on: May 1, 2025

Job Description:

Schedule: Full-Time Salary Range: USD $185000.00 - $342300.00 Job Category: Underwriting 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 Liberty Mutual Surety has an excellent opportunity for an experienced Surety underwriting professional as a Regional Underwriting Officer on our Contract Surety team. This role provides underwriting and product line leadership for the East region. In this role, you will work with the Chief Underwriting Officer and other Regional Underwriting Officers to establish and implement underwriting policies & procedures for the unit and to ensure compliance. Additionally, you will oversee day to day activities and development of assigned Contract underwriting staff and will be responsible for all underwriting activities and results within the region, which includes managing profitability, risk mitigation, growth strategies, metrics for specific accounts, and the overall account portfolio. Additionally, you will work closely with the Chief Underwriting Officer to ensure consistency in risk appetite and to actively monitor and manage the account portfolio. 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 19 countries. Responsibilities: Responsible for all underwriting results and activity for assigned territory within the East region for a contract book of business. Help the field build and grow a profitable Contract book of business in an assigned territory, partnering with regional field underwriting staff and Home Office Underwriting Officers. Execute long-term strategy set by the Chief Underwriting Officer in the assigned region using analytical tools to review, monitor, and adjust the account portfolio, underwriting guidelines, and overall strategy as needed. Responsible for the underwriting decisions of any account beyond the authority of the Underwriting Officer and recommends to the Chief Underwriting Officer if above his/her authority. Creates and drives a culture of commitment to success, continuous improvement, enthusiasm, collaborative problem solving, and profitable partnering with strategic business clients. Hire, develop, and retain a highly qualified and tenured Surety Home Office underwriting team for the assigned territory. Facilitates the education and development of the assigned Home Office underwriting staff along with the field underwriting organization to ensure and maintain a high level of competence in dealing with complex accounts and issues. Under the direction of the Chief Underwriting Officer, helps to develop, monitor, and maintain underwriting guidelines to ensure compliance. Collaborate with Contract product line managers and various stakeholders in the assigned region to develop and implement an effective business development plan for the region. Develop and cultivate, directly or indirectly, relationships with agents and national brokers active in soliciting and placing Contract surety business Travels, along with designated staff, periodically to meet with accounts. Actively involved in ongoing training initiatives for surety's contract product line. Qualifications BA/BS in Business Administration or related field typically required. A minimum of 15 years' experience expected, including progressive surety underwriting and management responsibility, with an emphasis on underwriting Large Contract accounts desired. Demonstrated ability to successfully manage and lead managerial staff and/or region, preferably in multiple offices. Must possess in-depth knowledge of the surety industry, products and operations, as well as the ability to analyze and consult on the most complex surety accounts. Expert level analytical and decision-making skills. Proven track-record of strong business achievement using solid business judgment, and the ability to foster collaborative and strategic thinking is required. Expert level and proven consulting and negotiating skills required. Ability to develop relationships at all levels of an organization and across functions. Exceptional verbal and written communication skills, (e.g. express ideas clearly and concisely), and demonstrated success working with internal and external senior-level Executives is required. 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. 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 Employment Type: Full Time

Keywords: Liberty Mutual Insurance, Mansfield , Underwriting Officer, Other , Plano, Texas