Surety Underwriting Assistant
Company: Liberty Mutual Insurance
Location: Hoffman Estates
Posted on: June 18, 2022
Job Description:
Liberty Mutual Surety --- offers an exciting career as a Surety
Underwriting Assistant in our Hoffman Estates, IL office to provide
administrative and underwriting support for our Surety Underwriting
team. This is an excellent opportunity for an experienced support
professional with prior surety experience seeking a specialized,
stable and rewarding career providing outstanding assistance to a
diverse set of internal and external customers. Successful Surety
Underwriting Assistants are goal-oriented, results-driven, and
passionate about exceeding customer expectations. They also thrive
in a fast-paced environment by working on a variety of highly
complex duties which vary each day, and embrace our culture which
rewards employees for their accomplishments, values the diverse
ideas they generate, and both encourages and applauds the impact
they make in our company and global communities.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.Responsibilities:
- Process Surety business through data input supporting one or
more product lines within a defined territory applying knowledge
and understanding of rating scenarios, and producing error free
work through strong attention-to-detail. This includes but is not
limited to: prepare and execute new bonds, riders, enter rates and
code new business, renewals, cancellations, endorsements, and
reinstatements.
- Provide underwriting support to Surety Underwriting team
(Underwriters, Bond Managers, etc) and legendary service to
internal and external customers, including agents and clients
within a defined territory. Assists with customer inquiries and
questions, as well as the input of new bond transactions.
- Retrieve information using various systems and updates agency
information as appropriate, including billing, work flow and
contractor's database systems. Prepare and verify documents for
accuracy prior to entering into systems.
- Assist Accounting team with billing, premium and commission
discrepancies upon request.
- Uses excellent verbal and written communication skills to
engage with Home Office and field teams, Customer Accounting,
Surety IT, Surety Claims, attorneys, and additional internal and
external customers.
- Review and reconciles internal system reports as directed by
Manager.
- Apply independent judgment to complete complex or specialized
assignments/tasks working within defined policies and procedures to
optimize planned business results.
- Apply technical knowledge of Surety Operations Processing
policies and procedures acquired through experience in job area or
through technical training. Identifies opportunity for process
improvement and shares with manager and peers.
- Performs technical support within the office and assists in the
resolution of problems in coordination with Surety's IT Department
and Application Specialists.
- Process, coordinate and/or validate data and documents to
ensure quality and customer satisfaction.
- Provide administrative and general office/clerical support as
needed.
- May participate on key special projects as requested, and
perform additional assignments as instructed by manager.
- Salary and level will be based on location and
experience.QualificationsQualifications:
- High School Diploma or equivalent required.
- A minimum of 1 year with a preference of 3 + years surety bond
underwriting assistant experience or related experience desired,
with an emphasis in supporting complex transaction workflow.
- Prior Surety Underwriting Support experience with an
understanding of surety rating and processing functions
preferred.
- Prior experience working in Surety applications is strongly
preferred and desired.
- Learns quickly and demonstrates an open attitude when facing
new problems, processes, or procedures. Takes advantage of diverse
sources by proactively seeking information to solve problems.
- Able to work effectively in a diverse team environment as well
as independently.
- Demonstrates the ability to prioritize own work flow and
complete assignments in a high-volume work environment producing
accurate, error-free work in order to accomplish the most important
individual and business objectives.
- Strong PC skills, specifically Word, Excel, PowerPoint and
Outlook.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.
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, please visit
https://www.libertymutualgroup.com/about-lm/careers/benefitsLiberty
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. 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:
https://jobs.libertymutualgroup.com/diversity-inclusionLiberty
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.
High School Diploma/GED
10
Keywords: Liberty Mutual Insurance, Hoffman Estates , Surety Underwriting Assistant, Other , Hoffman Estates, Illinois
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