Contract Surety Underwriting Manager

Responsibilities

• Financial and account analysis of pertinent financial data
• Authority, and referral requirements for consideration of new, existing and renewal business
• Requesting and gathering financial information on assigned accounts
• Bond renewal preparation and determination on whether bonds should be cancelled
• Maintain Agency relationships and provide exceptional service and support
• May have authority to underwrite low value bonds and renewals
• Provide general direction to the Bond Underwriting Assistants for bond processing
• Provide quality recommendations to Branch and Home Office Reports on assigned accounts and agents
• Rate and review bonds for premium and classification accuracy
• Ensure accuracy and completeness of files and verify that all necessary documentation is complete in file
• Act as the primary service contact and visit agents assigned by the Regional Manager in order to foster and maintain an ongoing relationship
• Accurately communicate knowledge of assigned accounts to Branch and Home Office personnel via written and verbal means
• Prioritize workflow to ensure work is done in a timely fashion and all deadlines are met

Qualifications

• Bachelor’s degree in Risk Management, Finance, Mathematics, Business or related with at least 7 years-experience in Surety or equivalent
• Thorough knowledge of Contract Surety industry along with an analytical skillset, which includes a minimum of 5 years of working in the industry
• Ability to appropriately apply loss development and advanced loss analysis concepts to achieve optimal pricing of a risk
• Ability to creatively utilize coverage features, deductibles, or reinsurance on individual risks to achieve company objectives