Subcontractor Default Insurance (SDI) Underwriter

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.