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Surety Underwriting Assistant

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.

Description

Liberty Mutual provides customers with peace of mind by protecting their most valuable assets. The company's commitment to customer-centricity is fueling a significant transformation. By operating with the agility of a tech startup within a Fortune 100 framework, Liberty Mutual is pioneering a digital disruption that aims to redefine the insurance experience.

 

The preferred location is Owings Mills, MD (on-site). Atlanta, GA is the secondary on-site location. The position is hybrid, in office twice a week.

 

Responsibilities:

  • Manage surety bond, agency, and processing transactions for assigned product lines or territories, ensuring accuracy and efficiency. This includes handling new business, renewals, cancellations, endorsements, and reinstatements.
  • Oversee agency setup, licensing, appointment processing, and power-of-attorney issuance, while also resolving reconciliation issues. Maintain and update reports as needed.
  • Provide support for underwriting functions like contract/commercial bonds and bid requests, ensuring compliance with state regulations. Deliver excellent customer service by addressing inquiries and ensuring satisfaction.
  • Assist with customer inquiries, providing answers and follow-up to guarantee satisfaction. Demonstrate a strong understanding of agency management workflows, including commissions, licensing, compliance, and Power of Attorney processes.
  • Apply knowledge of rating plans to accurately apply rates and assist with rating scenario entry. Retrieve and manage bond/agency-related documents with meticulous attention to detail.
  • Utilize logical thinking and technical expertise in surety operations to complete tasks within established policies and procedures, optimizing business results. Perform general administrative tasks, including assisting Finance with collections and addressing billing/premium discrepancies.
  • Offer technical support within the office, collaborating with the Department Application Specialist to resolve issues. Participate in User Acceptance Testing as required and undertake additional duties as assigned.

Qualifications

  • High school diploma or equivalent required.
  • 1+ year related experience required.
  • Strong written and oral communication skills to correspond with office personnel and agents.
  • Exceptional customer service skills.
  • Demonstrates ability to work well on a team and independently.
  • Good organizational skills.
  • Competent and proficient with computer software applications utilized by Surety. Knowledge of surety bond processing preferred

About Us

As 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 today and confidently pursue tomorrow.We are proud to support a diverse, equitable and inclusive workplace, where all employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.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: https://LMI.co/BenefitsLiberty 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.Fair Chance Notices

  • California
  • Los Angeles Incorporated
  • Los Angeles Unincorporated
  • Philadelphia
  • San Francisco
What You Should Know About Surety Underwriting Assistant, UNAVAILABLE

Are you someone who thrives in a dynamic environment and is eager to kickstart your career in the insurance industry? Liberty Mutual is on the lookout for a Surety Underwriting Assistant to join our team in Owings Mills, MD! In this exciting role, you'll help manage surety bond transactions, ensuring seamless processing of new business, renewals, and endorsements. You will also oversee agency setups and provide support for underwriting tasks while ensuring compliance with state regulations. Customer service is key in this position, so you'll be addressing inquiries and helping our clients feel valued and supported. With a strong focus on accuracy, you'll apply your attention to detail for managing bond-related documents and resolving any issues that arise. Plus, you’ll have the opportunity to collaborate with our team and engage in projects like User Acceptance Testing. If you have a high school diploma and at least a year of related experience, we'd love to hear from you! Join Liberty Mutual, where your work contributes to protecting our customers' most valuable assets while championing a diverse and inclusive workplace. Your career progression is important to us, and we’re committed to supporting your professional journey with continuous learning and comprehensive benefits. Come be a part of redefining the insurance experience with us!

Frequently Asked Questions (FAQs) for Surety Underwriting Assistant Role at UNAVAILABLE
What are the primary responsibilities of a Surety Underwriting Assistant at Liberty Mutual?

As a Surety Underwriting Assistant at Liberty Mutual, you'll manage a variety of transactions related to surety bonds including new business processing, renewals, and cancellations. Your role will also involve overseeing agency setup and ensuring compliance with state regulations, while providing outstanding customer service to both agents and clients.

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What qualifications are needed to apply for the Surety Underwriting Assistant position at Liberty Mutual?

To apply for the Surety Underwriting Assistant at Liberty Mutual, you should hold a high school diploma and have at least one year of related experience. Strong communication and customer service skills are essential, along with good organizational abilities and proficiency in the software applications used in the surety industry.

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How does Liberty Mutual support the growth of Surety Underwriting Assistants?

Liberty Mutual is committed to fostering employee growth, and as a Surety Underwriting Assistant, you'll receive continuous learning opportunities and access to a robust support system. As you gain experience, there are clear pathways for career advancement within the organization, recognizing your hard work and professional development.

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What is the work environment like for a Surety Underwriting Assistant at Liberty Mutual?

At Liberty Mutual, the work environment for a Surety Underwriting Assistant is dynamic and collaborative. With a hybrid model that requires being in the office twice a week, you’ll enjoy working with a supportive team while also having the flexibility of remote work. Liberty Mutual values diversity and seeks to create an inclusive atmosphere where everyone feels they belong.

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What opportunities are available for advancement as a Surety Underwriting Assistant at Liberty Mutual?

As you gain experience and demonstrate your skills as a Surety Underwriting Assistant at Liberty Mutual, there are multiple opportunities for advancement. The company promotes from within, providing career paths into more specialized or senior roles within underwriting or other departments, depending on your interests and skills.

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Common Interview Questions for Surety Underwriting Assistant
Can you describe your experience related to processing surety bonds?

When answering this question, focus on your familiarity with processing transactions across various bond types, including new business, renewals, and cancellations. Highlight any relevant software knowledge or systems you’ve used, as well as your attention to detail during these processes.

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How do you handle discrepancies in bond documentation?

In responding to this question, share specific steps you would take, such as cross-referencing information, communicating with relevant parties, and ensuring compliance with established protocols for resolution. Detailing your problem-solving skills and the importance of accuracy here can leave a strong impression.

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What steps do you take to ensure compliance with state regulations in underwriting?

When discussing compliance, explain your awareness of the regulatory landscape surrounding surety bonds and how you keep yourself updated on changes. Mention any experience you have in adhering to these requirements and your attention to detail when processing applications.

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How would you approach customer service within the Surety Underwriting Assistant role?

For this question, emphasize your approach to understanding customer needs and providing timely, accurate solutions. Discuss your communication skills and how you would ensure customers feel valued, highlighting any previous experience where you successfully assisted clients.

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What do you believe are key qualities for a successful Surety Underwriting Assistant?

Share your insights on key qualities such as organizational skills, attention to detail, customer service orientation, and teamwork. You might also discuss adaptability and your ability to handle multiple tasks efficiently in a busy environment.

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Can you give an example of how you have worked effectively on a team?

Share a specific situation that illustrates your teamwork skills, focusing on your communication and collaborative efforts. Discuss how you contributed to the team’s goals and were able to build strong working relationships.

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What software applications have you used that relate to the Surety Uderwriting Assistant position?

Mention any software you’re proficient in that are relevant to surety operations, such as bond processing systems or data management tools. Highlighting your technical capabilities will show your readiness for the position.

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How do you prioritize multiple tasks in a fast-paced environment?

Explain your methods for prioritization, such as creating to-do lists or using digital tools to track progress. Discuss how you determine urgency and how you keep organized, which is essential in a role that involves handling various transactions.

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What motivates you to pursue a career as a Surety Underwriting Assistant?

Focus on your passion for the insurance industry and how being part of Liberty Mutual aligns with your professional goals. Discuss your interest in helping others and the satisfaction you gain from providing essential services.

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How do you handle constructive criticism?

In your answer, emphasize the importance of open communication and growth. Share how you view constructive feedback as a valuable opportunity for learning and how you apply it to improve your work.

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DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
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HQ LOCATION
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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
March 30, 2025

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