Senior Underwriter, Commercial Surety

About the role

Ascot Surety & Casualty Company is a US Treasury-listed surety carrier with a Financial Strength Rating of A issued by A.M. Best. The Senior Underwriter, Commercial Surety will support underwriting and marketing strategy in an assigned region, focusing on regional production targets, disciplined underwriting, and developing productive distribution partner relationships.

Ascot Group is a modern-era specialty risk underwriting organization built on collaboration, inclusivity, and entrepreneurial culture, guided by The Ascot Way. Our underwriting platforms operate through a unique Fusion Model—Client Centric, Risk Centric, and Technology Centric—to deliver bespoke products and world-class service, ensuring client financial security pre- and post-claims.

Responsibilities

• Contribute meaningfully to production, disciplined regional underwriting, and distribution strategy.
• Approve, decline, and price risks within authority limits.
• Assist in developing and executing segment strategies to meet budgeted results.
• Ensure accurate underwriting information and adherence to documentation standards.
• Develop and leverage productive distribution partner relationships.
• Embody The Ascot Way in daily interactions, fostering colleague engagement, collaboration, inclusivity, and accountability.

Requirements

• Bachelor’s degree in Finance, Accounting, or equivalent.
• Minimum of 3 years of experience underwriting, analyzing, and servicing complex commercial surety accounts.
• Proven track record of establishing and developing distribution partner relationships.
• Excellent communication and organizational skills.
• Ability to work independently and efficiently.
• Strong work ethic, solid business judgment, and a passion for providing outstanding solutions to business partners.
• Commitment to fostering collaboration and managing change effectively.

Pay

The annualized base pay range for this role is $120,000 – $145,000. Actual base pay may vary based on experience, expertise, and skills. Additional rewards may include an annual cash bonus and other discretionary compensation.

Benefits

Ascot provides a competitive benefits package, with eligibility requirements for the following:

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more.
• Leave Benefits: Paid holidays, annual Paid Time Off (includes state/local paid leave where required), Short-term Disability, Long-term Disability, and other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver).
• Retirement Benefits: Contributory Savings Plan (401k).