Surety Engineer 2

Description

Responsible for technical engineering and construction analyses of performance, payment and surety bond disputes and claims. These functions include analyses, oversight responsibility and resolution. Leads teams of consultants, contractors and others in management and coordination of resolution of 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.

Responsibilities: 

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.

Qualifications

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. Experience evaluating construction disputes and legal process.  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. 

About Us

Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role. 

At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.

We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits    Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.    Fair Chance Notices  

• California 

• Los Angeles Incorporated 

• Los Angeles Unincorporated 

• Philadelphia 

• San Francisco