Are you an Assistant Underwriter or a Credit Analyst within the financial services industry?
Liberty Specialty Markets is looking for an Assistant Underwriter to join our Surety team in Sydney. This is a collaborative & supportive team, with the opportunity to leverage technical expertise from senior team members.
The Surety team provides surety bonds predominantly for mid-market and large public and privately-owned companies, offering an alternative to bank guarantees.
Would you like to join a company with a proven track record of promoting from within, and who puts a real focus on development & growth opportunities through structured induction sessions & training programs, professional skills training, project and/or travel opportunities?
Who are we?
At Liberty, we have the technology to support & aid underwriting decisions; however, you will draw on your technical excellence to truly underwrite the risk and tailor bespoke solutions, delivering world‐class insurance across all major markets.
We empower our Underwriters by providing them with local authority to make efficient & impactful underwriting decisions. We place importance on nurturing & enhancing your professional reputation, while fostering your personal growth and advancing your career to become a trusted & best‐in‐class Underwriter.
Other benefits include:
* Wellness and Inclusion – We offer a range of tools to support employee well‐being and diversity, inclusion, and equity. This includes health webinars, cultural induction days led by senior leadership teams, EAP guidance, employee‐led community groups, office massages, generous parental leave, fresh fruits and snacks in the office, and more.
* Career Development – We offer a comprehensive induction program, promotions from within, extensive technical and non‐technical training, regional and global travel and secondment opportunities, mentoring, management and leadership development programmes, change management training, and more.
* Community and Environment – Our charities align themselves with the Liberty philosophy of helping people live safer and more secure lives, and all Liberty employees are actively encouraged to get involved in giving back to the community. Whether that means participating in company‐organised volunteering opportunities, attending fund‐raising events, or using your additional paid day of service leave each year to engage in community service.
Why Liberty?
* Our underwriting & claims methodologies and technical expertise.
* NIBA Specialty Insurer of the Year 4 years running (2022, 2023, 2024 & 2025) and NIBA General Insurer of the Year 2021.
* Local Underwriting/Claims authority.
* Our Market Approach is built on capability, consistency, and personal rapport.
* Market‐leading products.
* Our product development team ensures we are quick to address gaps and introduce new products to the market.
* Autonomous, performance‐oriented culture.
* Global organisation offering cultural exposure and diverse career opportunities.
* Opportunities for secondments.
* Profitable year on year since establishment.
Key responsibilities
* Working for the Senior Underwriter, the Assistant Underwriter will apply functional knowledge and skills to contribute to the growth and profitability of the surety portfolio. Day to day the Assistant Underwriter will conduct pre‐underwriting, marketing, attend client meetings with C‐suite executives and manage the issuance and negotiation of surety bonds for clients. The Assistant Underwriter works within defined limits and authorities on assignments of high complexity. Some risks may require special handling or unusual coverage.
* Establishing and maintaining strong relationships with brokers and clients and assist to facilitate the marketing and sale and training of the Liberty brand and products.
* Assisting the APAC underwriting team in the process of reviewing, rating and underwriting target new business and renewal business in line with Liberty's quality selection and adequate pricing guidelines.
* Ensuring that brokers and clients receive a high level of underwriting service that differentiates Liberty from its competitors.
* Assist with bond and other documentation preparation and execution, plus associated administration.
* Providing input where possible into product development and marketing plans including market research, competitor analysis, product design and geographic/segment focus.
* Working closely with claims department, risk management and all other key internal stakeholders to promote Liberty's "integrated business unit approach" and ensure seamless delivery of underwriting services.
About you
* Previous relevant experience in an aligned role with a bank, financial services provider, or insurance company.
* Excellent working knowledge of PC based systems and applications such as Outlook, Microsoft Word, Excel, PowerPoint, and database systems for managing contacts, schedules and calendars is required.
* Tertiary qualifications in a related finance or accounting discipline.
* Ability to form quality opinions and make sound decisions based on logical reasoning.
* Be a self‐starter who can work independently from time to time and who can cover the key aspects of client service when the Senior Underwriter is not in the office and provide support when needed to the wider APAC team.
* Attributes – Self‐starter, ability to negotiate, strong time management, financial acumen, strong research, and analytical skills.
What's Next?
If you believe you can make a positive contribution to our team and want to be part of Liberty's exciting future, we would love to hear from you.
Please include an updated resume and we will take it from there. APPLY now!
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