Executive Surety Underwriter Production

Overview

The organization is seeking an Executive Surety Underwriter to build and maintain a profitable mix of new and existing surety business. This role involves developing and maintaining strong relationships with the agency force, evaluating complex risks within underwriting authority and parameters, and overseeing a book of contract surety business.

Although this is a remote opportunity, the ideal candidate will reside in North Carolina or South Carolina.

Responsibilities

• Underwrite complex submissions independently.
• Review accounts and bid requests that exceed individual underwriter’s authority levels.
• Underwrite new submissions and existing accounts with assistance from mentors; evaluate financial status, credit standing, and organization profile to determine acceptability within underwriting policies and procedures.
• Develop and maintain strong relationships with agents/brokers.
• Oversee a book of contract surety business, meeting production, marketing, and profitability goals, including developing marketing plans using the territory management tool.
• Prospect and appoint new quality agents.
• Make regular agency visits and calls to assess growth and profitability of agents in assigned territories.
• Visit current and potential contractor’s place of business to assess acceptability and quality of accounts.
• Request underwriting information from agencies, review, and process information received.
• Perform annual review of accounts, including financial analysis, obtaining current bank line of credit letters, preparing profiles, and making recommendations for line of authority.
• Upload and update file information electronically and purge obsolete data per department guidelines.
• Instruct, assign, and review work and projects completed by SSA’s, UWA’s and others.
• Coach, mentor, and train team members.
• Assist upper management in the development of underwriters.
• Manage all confidential information with discretion.
• Provide high-quality customer service in interactions with internal and external customers.
• Create and maintain records of communications concerning activities per department standards.
• Stay current on industry information regarding trends, competition, pertinent laws, legal occurrences, etc., and share updates with the department.
• Other duties as assigned.

Requirements

• Bachelor’s degree, or combination of education and surety experience.
• Bachelor’s degree in business administration, economics, finance or accounting preferred.
• Certified in, or working towards, AFSB designation.
• Must have a valid and current driver’s license and must have acceptable driving record in accordance with company practice.
• Employees are expected to participate in continuing education throughout their careers.
• 7+ years of professional work experience or completion of a surety training program.

Preferred Qualifications

• Bachelor’s degree in business administration, economics, finance or accounting.

Compensation & Benefits

• Base salary range: $125,000 - $165,000 annually.
• Annual incentive compensation.
• Medical, dental, vision & life insurance.
• Accident, critical illness & short-term disability insurance.
• Retirement plans with employer contributions.
• Generous time-off program.
• Programs designed to support employee well-being and financial security.

Location

• Remote opportunity; ideal candidate resides in North Carolina or South Carolina.

Working Conditions

• General office environment or remote home office conditions.
• Up to 20% travel required, including agency force and contract account visits; frequent overnight trips included.
• May be exposed to weather conditions and/or results and debris of adverse weather conditions during agency/contract visits.