Senior Surety Home Office Underwriter (SBA Program Manager)

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Written by AI from the job title and company, not by Liberty Mutual Surety™, so some details may not match this job. The employer's own page has the real description.

Job Overview

The Senior Surety Home Office Underwriter (SBA Program Manager) at Liberty Mutual Surety™ will play a pivotal role in managing the Small Business Administration (SBA) program. This position involves underwriting surety bonds, assessing risks associated with client projects, and creating strategies to optimize underwriting performance within the SBA program. The ideal candidate will work closely with both internal teams and external stakeholders, ensuring compliance with regulations, contributing to the growth of the program, and fostering strong relationships with clients and agents alike.

Job Responsibilities

• Underwrite new and renewal bond submissions for the SBA program, ensuring adherence to company guidelines and risk appetite.
• Evaluate the financial status and creditworthiness of clients to make informed underwriting decisions.
• Collaborate with sales and marketing teams to promote the SBA surety bond program effectively.
• Develop and maintain strong relationships with agents and clients to facilitate smooth underwriting processes.
• Prepare complex underwriting reports and present findings to senior management.
• Monitor industry trends and regulatory changes that may impact the SBA program and adjust procedures accordingly.
• Provide training and mentorship to junior underwriters within the team.
• Engage in the development of strategies to enhance program profitability and market penetration.

Qualifications

• Bachelor's degree in finance, business administration, accounting, or a related field.
• A minimum of 7 years of experience in surety underwriting, with a focus on SBA programs preferred.
• Strong analytical skills with a proven ability to assess complex financial statements.
• Excellent verbal and written communication skills to effectively interact with clients and teams.
• Knowledge of industry regulations and compliance standards relating to surety bonds.
• Proficiency in Microsoft Office Suite; especially Excel for financial analysis.
• Certification in Surety Bonding (e.g., from the Surety & Fidelity Association of America) is a plus.

Technologies & Tools

The Senior Surety Home Office Underwriter will use a variety of technologies and tools to facilitate their work. This includes underwriting software for processing bond applications, financial analysis tools to assess client risk, and customer relationship management (CRM) systems for maintaining client interactions. Familiarity with industry-standard software such as Sage, QuickBooks, and Microsoft Excel will enhance efficiency in monitoring applications and generating reports.

Ideal Candidates

Ideal candidates for the Senior Surety Home Office Underwriter position possess a balance of technical underwriting expertise and interpersonal skills. They should exhibit strong leadership qualities, with the ability to guide and mentor junior team members. A proactive and strategic mindset is essential, coupled with an aptitude for navigating complex financial analyses. The best fit will also demonstrate a commitment to fostering positive relationships with clients and agents, ensuring a customer-centric approach to underwriting activities.