Summary of job description
Under direct supervision, markets, underwrites and services moderately complex risks for a book of business typically associated with a specified geographic area and/or producer plant. Underwrites new and existing accounts in conformance with underwriting guidelines to determine if they meet risk acceptability standards and/or the strategy of the organization. Assists in the review and analysis of risks that are small to medium in size and complexity. Meets with accounts to assess their general management acumen, past experience, work experience of key personnel, depth of organization and desired work objectives, i.e. credit needs in the future, to properly evaluate the strength of the account versus the level of surety credit requested or provided
Preparation, training and experience
College Degree in Business, Finance, or related field typically required. Surety underwriting experience and/or equivalent surety related business experience required. Proven analytical ability to evaluate and judge underwriting risks within limited authority. Demonstrated effective communication and interpersonal skills required. Has demonstrated ability to successfully develop and maintain productive agency/broker relationships. Advanced English skills required for this position.
The above statements are intended to describe the general nature of the job position and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of the candidates.
Only the leader can offer the security you need during the most challenging moments
Backed by the financial stability and security of Liberty Mutual Insurance, Liberty has the capacity to underwrite most Surety risks. With global markets changing constantly, obtaining bonds and guarantees is an increasingly complicated endeavor, especially once a deal is approved. Liberty’s extensive knowledge of global markets and their impact on local businesses enable us to consistently offer practical solutions as quickly as possible.
We support Latin American businesses across a wide spectrum of industries, including:
Types of Bonds
Bid, performance and completion
Concession, maintenance and retention
Payment and advance payment
Customs, administrative and court
The Liberty Difference
Global experience, local knowledge of regulations and compliance standards
Underwriting flexibility and creativity
Experienced, efficient and responsive claims management with a network of claims adjusters ready to provide valuable advice and assistance
Financial stability and security backed by the Liberty Mutual Insurance rate (rated A, Strong by Standard & Poor’s)
Liberty International Underwriters is the marketing name for the broker-distributed specialty lines business operations of Liberty Mutual Insurance. LIU utilizes Liberty Mutual Insurance Company to reinsure risks underwritten directly on local paper. In US territories, certain coverage may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds and insured’s are therefore not protected by such funds. This literature is a summary only and does not include all terms, conditions, or exclusions of the coverage described. Please refer to the actual policy issued for complete details of coverage and exclusions.