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Surety Engineer II

Liberty Mutual

Surety Engineer II

Liberty Mutual

Remote, Remote, United States

·

Remote

·

Full-time

·

3mo ago

Responsible for technical engineering and construction analyses of performance, payment and surety bond disputes and claims.

Evaluates contractor internal controls and job cost systems specifically related to estimating and project management.

Perform project bid/spread analysis on significant variances and provide pre-bid commentary/ risk analysis on atypical projects. 1.

Responsible for technical and construction analyses of performance, payment and surety bond disputes and claims. 2.

Evaluates the Surety's loss exposures on bond defaults.

Role includes site inspections of projects, evaluation of contract plans and specifications, construction schedules, expert reports, and the preparation of cost-to-complete analysis.

Manage consultants' investigation, analyses and preparation of reports, as needed.

Provides recommendations as to choice of remedies (default, cure, takeover or relet) and participates in establishing loss and expense reserves.

Assists with the management of tenders, takeovers, and project completion by consultants and or completion contractors. 3.

As needed, assist Counsel with engineering and construction management issues which may include pre-trial preparation, mediation, arbitration, and alternative dispute resolution.

Responsibilities include conducting technical research, interviewing claimants, and serving as an expert witness on construction contracts and bond claims. 4.

Acts as a resource to the surety claims team and in coordination with counsel in resolution of performance, payment and bond disputes and defaults, including monitoring workflows and quality and quantity of work.

Utilize management reports, surveying claim files and communicating with customers.

Identify problems and ensure implementation of corrective action. 5.

As needed, visits contractors to evaluate internal controls, job cost systems and reporting capabilities and management oversight of business activities.

This includes reviewing contracts, schedules, estimates, job cost reports, cost-to-complete schedules and interviewing key personnel.

If needed, prepare a written report outlining key deficiencies with suggestions to improve the operations. 6.

Review project bid-spreads when significant variance is identified.

Procedures may involve securing estimating and bid documentation, contract/RFPs (including drawings and specifications) and interview of estimator. 7.

Provide pre-bid technical analysis when the prospective project has unusual and/or atypical elements within the bonded scope of work. 8.

Together with Surety Counsel and Sr Surety Claims Specialists, supports corporate internal audit program to ensure accuracy and adherence to corporate policy and accounting procedures. BA/BS Degree in engineering or related field with a minimum of 5 years of construction management experience required and 5-7 years of proven surety claims management experience preferred.

Proven analytical ability to evaluate and judge claim files.

Ability to simplify complex analyses and information into clear written or spoken instructions.

Effective communication and interpersonal skills required in dealing with claimants, outside counsel, consultants and members of senior management.

Must be willing to travel and manage workload efficiently and professionally.

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About Liberty Mutual

Liberty Mutual

Liberty Mutual is a diversified global insurer and the sixth-largest property and casualty insurer in the United States. The company provides personal and commercial insurance products including auto, home, life, and business coverage.

10,001+

Employees

Boston

Headquarters

Reviews

3.4

10 reviews

Work Life Balance

2.8

Compensation

3.7

Culture

3.4

Career

3.6

Management

3.2

55%

Recommend to a Friend

Pros

Great training programs

Good pay and benefits

Supportive management

Cons

High workloads with little relief

Stressful work environment

Slow decision making processes

Salary Ranges

3,207 data points

Junior/L3

Junior/L3 · Analyst

1 reports

$108,905

total / year

Base

$94,700

Stock

-

Bonus

-

$108,905

$108,905

Interview Experience

8 interviews

Difficulty

2.4

/ 5

Duration

14-28 weeks

Offer Rate

25%

Experience

Positive 25%

Neutral 50%

Negative 25%

Interview Process

1

Application Review

2

HR Screen/Phone Interview

3

Technical/Behavioral Interview

4

Panel/Hiring Manager Interview

5

Offer

Common Questions

Behavioral/STAR

Technical Knowledge

Past Experience

Culture Fit