Liberty Mutual Surety, a business unit of Liberty Mutual Insurance, is the 2nd largest Surety in the United States and a leading global surety. 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:
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Manages the loss and expense ratio for the Claims Region.
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Creates and implements strategies to achieve superior loss mitigation results.
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Selects, trains, develops, and manages claims staff. This staff is comprised of attorneys, claims managers, claims handlers and administrative personnel.
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Communicates and implements all Corporate, SBU and LMS policies and procedures, as well as departmental surety claim policies and procedures, and manages employee compliance.
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Establishes and achieves Claims Region performance objectives.
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Establishes and manages the budget for the Claims Region.
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Manage the establishment of all loss and salvage reserves as well as salvage recovery strategies for the Claims Region.
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Manages the selection of outside legal counsel, accountants and engineering consultants in conjunction with the VP Finance and VP Engineering.
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Prepares and delivers presentations/training sessions to LMS and external industry audiences concerning surety law and claim issues and stays abreast of developments in the law which impact surety claims.
Qualifications:
- Advanced knowledge of surety claims handling practices as well as private, state, and federal laws that are applicable to surety claims.
- Ability to create alignment; attract, develop and motivate talent; communicate effectively; exercise a high degree of autonomy in managing operations as normally acquired through completion of Law School and 10 years or greater surety claims experience or equivalent surety claims experience (usually greater than 12 years) in managing the most complex surety claims and training and supervising lesser experienced claims professionals.
Benefits:
We value your hard work, integrity and commitment to positive change. In return for your service, itâs our privilege to offer you benefits and rewards that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits Overview:
At Liberty Mutual, we give motivated, accomplished professionals the opportunity to help us redefine what insurance means; to work for a global leader with a deep sense of humanity and a focus on improving and protecting everyday lives. We create an inspired, collaborative environment, where people can take ownership of their work; push breakthrough ideas; and feel confident that their contributions will be valued and their growth championed.
Weâre dedicated to doing the right thing for our employees, because we know that their fulfillment and success leads us to great places. Life. Happiness. Innovation. Impact. Advancement. Whatever their pursuit, talented people find their path at Liberty Mutual.
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