Surety Underwriting Development Program

About the Role

Liberty Mutual's Surety Underwriting Development Program (SUDP) is a 12-month development program designed to build the technical, analytical, and business skills needed for a successful underwriting career. As an Associate Surety Underwriter, you will learn how surety bonds support economic growth, commercial development, and infrastructure projects.

The Details

Surety underwriting combines financial analysis, risk assessment, and relationship management. You will learn to evaluate the financial strength, creditworthiness, and operational capabilities of businesses, developing the judgment for informed underwriting decisions. You will gain hands-on experience analyzing financial statements, assessing credit and project risk, evaluating contracts, and supporting underwriting decisions. You will also build relationships with agents, brokers, customers, and industry partners, strengthening your communication, business development, and negotiation skills.

Training & Development

The program combines formal training, mentorship, self-study, job rotations, and on-the-job learning. You will gain exposure to various products, teams, and leaders, developing a strong foundation in contract and commercial surety underwriting. As part of the program, you will pursue the Associate in Fidelity and Surety Bonding (AFSB) designation and apply underwriting concepts through case studies, financial analysis, contract evaluation, and project risk assessment.

• Start Dates: June and July 2027
• This position may have in-office requirements depending on candidate location.
• Interviews and offers are extended on a rolling basis.

Key Responsibilities

• Learn to evaluate the financial strength, creditworthiness, and operational capabilities of businesses.
• Develop judgment needed to make informed underwriting decisions.
• Gain hands-on experience analyzing financial statements.
• Assess credit and project risk.
• Evaluate contracts.
• Support real underwriting decisions.
• Build relationships with agents, brokers, customers, and industry partners.
• Strengthen communication, business development, and negotiation skills.

Qualifications

• Bachelor’s Degree in Finance, Economics, Business, or comparable with a minimum 3.0 cumulative GPA.
• Experience with finance and accounting coursework.
• Understanding of how to read financial statements.
• Technical competence in fundamental financial analysis.
• 0-2 years of professional experience.
• Ability to think globally and adapt easily to different cultures and communication styles.
• Excellent analytical, organizational, negotiation, and decision-making skills.
• Outstanding interpersonal and customer service skills with an emphasis on fostering relationships.
• Prior internship experience is a plus, especially in a finance-related environment.
• Willingness to relocate upon completion of the program, based on location.