Senior Underwriter, Contract Surety, Remote

Overview

This role is accountable for Contract Surety product underwriting within the assigned territory, supporting achievement of the Contract Surety business plan, including new business, renewal retention, pricing, and profitability. The position reports to the Regional UW Director and partners to foster agency/broker relationships and build a profitable book of business.

Responsibilities

• Responsible for risk selection/rejection, pricing, retention, growth, and profitability within scope of authority and per divisional objectives.
• Receive and analyze submissions; assess risk quality and determine terms in accordance with company guidelines.
• Apply underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.
• Recommend risks that fall over authority.
• Enter, maintain, and monitor accounts using underwriting, analysis, and desktop systems.
• Use independent judgment and initiative to support business goals.
• Prepare effective internal and external communications on underwriting issues.
• Develop a book of contract surety business with select brokers/agents and maintain effective business relationships to attract and retain profitable business.
• Visit producers and principals to retain existing accounts, survey exposures, build and maintain business relationships, and develop new opportunities in support of divisional objectives.

Requirements

• 6+ years of contract surety experience is required.
• Bachelor’s degree or equivalent is required, preferably in Business, Finance, Accounting or a related field.
• Strong communication skills to build and leverage excellent customer relationships and to successfully market products.
• Sales mindset for creating and following through on pipeline opportunities that contribute to new business goals and budget objectives.
• Excellent communication, interpersonal, and presentation skills.
• Ability to think analytically about business problems, make recommendations, and propose solutions.
• High energy, self-starter; resilient with an entrepreneurial spirit.
• Solid time management, organizational, and desk management skills.
• Goal-oriented mindset with demonstrated ability to deliver on goals and objectives.
• Microsoft Office experience and ability to learn new applications are a must.
• Travel and valid driver's license are required.

Preferred Qualifications

• None listed.

Compensation & Benefits

• Competitive compensation package.
• Generous 401K employer match.
• Employee Stock Purchase plan with employer matching.
• Generous Paid Time Off.
• Excellent benefits that go beyond health, dental & vision, focused on whole-family wellness including physical, mental, and financial wellbeing.
• Career development support, including tuition reimbursement, industry-related certifications, and professional training.
• Annualized base pay range for the advertised position (in the specified area): $82,500.00 to $155,100.00.
• Compensation is determined by factors including market pay for roles at each level, responsibilities and skills required, and employee contribution/performance.
• To be considered within market range, a salary must be at or above the minimum of the range.
• Opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs.

Location

• Remote (as indicated by job tag: #LI-Remote).
• The role requires travel.
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