Senior Surety Underwriter, Global Risks

Liberty Mutual Insurance
Miami, Florida
Not Specified
Jan 17, 2024
Mar 16, 2024
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.


Liberty Mutual Surety is currently recruiting for a Surety Underwriter to join our Miami team.

As a Surety Underwriter, you will underwrite and provide services for the placement of commercial and contract surety bonds for new and existing accounts throughout the Latin America region. Using your excellent rapport building skills, you will build and maintain positive relationships with assigned brokers and market to the territory focusing on relationship building.You will also use yourbusiness and financial acumen to perform primary credit underwriting and financial/risk analysis to provide recommendations and ensure appropriate decisions are made for a book of business. This is an excellent opportunity for an experienced, detail-oriented, andself-motivated surety professional looking to grow their career in a cross-border role 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 worlds 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 16 countries.


  • Thoroughly underwrites bond risk and communicates detailed approvals to internal colleagues to ensure the correct placement of bonds with Liberty Mutual Surety entities and fronting partners throughout the Latam region.
  • Underwrites new and existing account submissions utilizing underwriting authority granted by Chief Underwriting Officer. May handle some complex accounts based on level of role. Makes thorough evaluations and assessments of a customers financial, technical, organizational, and management capacities, experience, desired objectives as well as a subjective judgment of character, normally based upon data/insights. In many cases, will meet virtually with the broker and/or client to facilitate the above assessments.
  • Performs analytical evaluations of financial statements on both a static and trend basis. Determines the present and historical financial position of the account and monitors financial position of risk through analysis of quarterly statements and work in progress data as appropriate.
  • Responsible for investigation, analyzing, and managing all necessary underwriting/accounting/workflow issues, within framework ofSurety policies and procedures with an emphasis on continuous improvement.
  • Meets with brokers from assigned territory to solicit business/submissions via marketing efforts and educate broker representative(s) on Liberty Mutual Surety policies, procedures, appetite, and requirements. Act in a consultative capacity and discuss/review broker accounts and performance.
  • May assess and identify changes in all aspects of the business including work program to financial strength criteria, nature of work performed (inherent risk), accuracy and timeliness of data flow, and exposure analyses. Coordinate and escalate issues to more senior Office of Underwriting personnel and Bond Managers, as necessary.
  • In connection with credit recommendations which tend to fall outside of normal underwriting standards, applies sound reason and business logic to reach decision as authorized. Effectively documents such logic in file and communicates to more senior Office of Underwriting and Field Underwriting personnel, as necessary.
  • Provide direction for topics to be addressed in meetings with brokers, customers, and others, as necessary.
  • Prepare and implement instructions for administering workflows and accounting/billing issues with brokers and clients to service unique situations.
  • Performs special projects and other duties as assigned.
  • Fluency in Spanish and English required.
  • BA/BS in Business Administration or related field typically required.
  • A minimum of 3 years experience expected, typically 4 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.
About Us

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.

Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work US for the past several years. We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates as well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit:

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:

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.

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