Technical Contract Surety Underwriting Manager - Northeast Territory

Overview

This role supports the administration of the organization’s underwriting structure under general oversight. Responsibilities include underwriting and monitoring accounts and account lines, conducting risk analysis, and underwriting new submissions and renewals. The position also involves developing and executing a marketing plan and exercising greater ownership and accountability for reviewing complex sources of profit and selecting appropriate risks.

Responsibilities

• Analyze, evaluate, accept, decline, rate, quote, and bind new or renewal submissions with high premium or risk exposure
• Underwrite and monitor accounts and account lines
• Review complex submissions, account losses, pricing models, and profitable premiums
• Review complex sources of profit by selecting appropriate risks
• Build and maintain relationships among agents, reinsurers, and other key contacts
• Perform and monitor risk analysis
• Assist with special projects or other duties as needed

Requirements

• Typically requires a bachelor's degree in insurance, finance, risk management, business, or a related field
• Minimum of 7+ years of related experience for consideration
• [OR] equivalent level of education and experience

Knowledge, Skills, & Competencies

• Ability to determine proper sign-off and apply correct underwriting judgment in most cases
• Thorough understanding of internal processes for the product, including demonstrated understanding of loss rating/credibility
• Working toward building and maintaining a profitable book of business
• Consistently complete and organized files at audits, with documentation at a level where judgment/pricing is easily understood by others’ review
• Demonstrated initiative and work ethic showing a higher level of understanding and commitment to the underwriting process
• Ability to build and maintain a profitable book of business

Compensation & Benefits

• Base pay range: $107,960.00 - $157,352.00
• Base salary offered will take into account factors including geographic location, experience, scope & responsibilities of the role, qualifications/credentials, talent availability & specialization, and business needs. The range may be modified in the future.

Total rewards may include:

• Annual bonus plans
• Employee stock ownership plan (ESOP)
• 401(k) — automatic 3% company contribution
• Annual 401k and ESOP profit-sharing contributions (Up to 15% of eligible earnings)
• Paid time off (PTO) and holidays
• Paid volunteer time off (VTO) to support communities
• Parental and family care leave
• Flexible & hybrid work arrangements
• Fitness center discounts and free virtual fitness platform
• Employee assistance program
• Comprehensive medical, dental and vision benefits
• Flexible spending and health savings accounts
• 2x base salary for group life and AD&D insurance
• Voluntary life, critical illness, & accident insurance for purchase
• Short-term and long-term disability benefits
• Training & certification opportunities
• Tuition reimbursement
• Education bonuses

Location

• Location information not provided in the source description.

Equal Opportunity Employer Statement

The employer is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, color, religion, national origin, citizenship, gender, marital status, sexual orientation, age, disability, veteran status, or any other characteristic protected by federal, state, or local law.