Commercial Surety Underwriter

Position Summary

The ideal candidate will have an existing book of business, deep relationships within the commercial surety marketplace, and the ability to drive profitable premium growth while maintaining disciplined underwriting standards.

Key Responsibilities

• Underwrite and manage a profitable portfolio of commercial surety accounts, including contract and commercial surety risks.
• Maintain and expand an existing book of business through established agency and broker relationships.
• Prospect for and develop new business opportunities within assigned territories and target markets.
• Build and strengthen relationships with retail agents, wholesalers, brokers, and key distribution partners.
• Analyze financial statements, work-in-progress schedules, indemnity structures, and other underwriting information to evaluate risk.
• Establish appropriate pricing, terms, conditions, and authority levels consistent with company underwriting guidelines.
• Monitor portfolio performance, profitability, and loss trends while identifying opportunities for growth.
• Collaborate with senior management to execute strategic growth initiatives.
• Travel as needed to visit agency partners, producers, and prospective clients.
• Represent Lexington National at industry events, conferences, and agency meetings.

Qualifications

• Minimum 5+ years of commercial surety underwriting experience.
• Demonstrated success managing and growing a profitable commercial surety book of business.
• Existing agency and broker relationships with the ability to transition or develop business opportunities.
• Strong financial analysis and credit underwriting skills.
• Experience underwriting contract surety, commercial surety, or both.
• Excellent negotiation, communication, and relationship management skills.
• Self-motivated with an entrepreneurial mindset and strong production orientation.
• Bachelor's degree preferred or equivalent industry experience.

Preferred Qualifications

• Established reputation within the commercial surety industry.
• Proven production history with measurable premium growth.
• Knowledge of regional and national surety markets.
• Professional designations such as AFSB, CPCU, or ARM are a plus.