Underwriter - Contract Surety

Job Summary

Seeking a highly skilled and motivated Underwriter specializing in Contract Surety to join a team. This role offers the opportunity to manage a book of business within a designated territory, with profit and loss responsibility. The ideal candidate will have a strong background in underwriting, financial analysis, and account management, as well as the ability to develop and execute strategic marketing plans.

Compensation Package

• Salary Range: $88,000 - $126,000 annually (depending on experience)
• Employment Type: Permanent, full-time position

Responsibilities

• Manage and maintain profit and loss responsibility for a book of business within the assigned territory.
• Develop and execute a marketing plan to generate new business by targeting key brokers, arranging meetings, and attending industry functions.
• Conduct underwriting functions, including financial analysis, account analysis, industry analysis, and administrative tasks.
• Adhere to underwriting guidelines and authority limits.
• Serve as a resource on underwriting and territory-related issues for team members across the country.
• Lead special projects and perform additional duties as required.

Qualifications/Requirements

• Bachelor’s degree in insurance, finance, risk management, business, or a related field.
• A minimum of 4 years of experience in Contract Surety underwriting.
• Strong analytical skills with the ability to apply strategic perspectives to underwriting processes.
• Excellent verbal and written communication skills.
• Proven ability to work independently and meet objectives.
• Willingness to travel within the assigned territory to meet with agents, contractors, and attend industry events.

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