Risk Control Technical Director - Middle Market Service

Company: The Liberty Mutual Foundation
Location: Walnut Creek
Posted on: March 8, 2025

Job Description:

Pay PhilosophyThe 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.DescriptionLiberty Mutual Surety is currently recruiting for a Senior Surety Underwriter to join our Regional Surety Plus Operation.As a Senior Surety Underwriter you will develop and underwrite profitable surety business, and service independent agents, brokers, and small to mid-sized contract accounts within an assigned territory. Using your excellent relationship skills, you will build and maintain positive partnerships with our agents, brokers, and accounts as a trusted advisor and underwriting resource for our producers and customers. You will also use your business and financial acumen to perform primary credit underwriting and financial/risk analysis, provide recommendations, and make decisions on new and existing accounts. This is an excellent opportunity for an experienced and self-motivated surety professional looking to grow their career with a top surety company that focuses on its employees and customers first.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:

• Underwrite and negotiate accounts to maximize profitability whilst minimizing risk, which may include the most complex accounts based on level of role. Makes thorough evaluations and assessments of a customer's financial, technical, organizational, and management capacities, including experience, desired objectives as well as a subjective judgment of character.
• Manage the profitability and retention of an assigned book of business while continuing to develop the portfolio through strong relationships and active engagement with new and existing agents and brokers. May assist in developing the marketing plan.
• Perform analytical evaluations of financial statements on both a static and trend basis. Determine the present and historical financial position of accounts and monitor financial position of risk through analysis of quarterly statements and work in progress data as appropriate.
• Stay abreast of Liberty Mutual Surety and Global Risk Solutions product lines and identify/promote opportunities across with agents and brokers, leveraging domestic and global capabilities.
• Responsible for investigation, analyzing, and managing all necessary underwriting/accounting/workflow issues, within framework of Surety policies and procedures.
• May assess and identify changes in all aspects of the business including, but not limited to, work program to financial strength criteria, nature of work performed (inherent risk), accuracy and timeliness of data flow, and exposure analyses. Coordinate and surface issues to Home Office Underwriters and Field Management.
• Assist in the evaluation of business continuity arrangements and funding mechanisms (such as adequacy of life insurance) to preclude financial drain of customer in the event of the demise of (an) owner or other insurable loss.
• May mentor more junior staff based on level.
• Perform special projects and other duties as assigned.Qualifications:
  • BA/BS in Business Administration or related field typically required.
  • A minimum of 5 years' experience expected, typically 7 or more years surety underwriting experience and/or equivalent surety related business experience preferred.
  • Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility.
  • Demonstrated ability to communicate complex analyses and information in understandable written and/or oral directives to other persons in the organization for underwriting or training purposes.
  • Demonstrated effective communication and interpersonal skills in dealing with agents, brokers, CPAs, bankers, attorneys, etc. required.
  • Must demonstrate comprehension of complex technical underwriting issues and be capable of defining and implementing necessary underwriting and administrative processes/workflows to properly manage or administer those issues.
  • Demonstrated track record of business development.About UsAs 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
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Keywords: The Liberty Mutual Foundation, Walnut Creek , Risk Control Technical Director - Middle Market Service, Executive , Walnut Creek, California