Senior Underwriter - Commercial Surety

Key Accountabilities/Deliverables

• Underwrite new and renewal commercial surety accounts within delegated authority
• Evaluate financial strength, liquidity, leverage, and cash flow adequacy of applicants
• Absorb risk of default by determining the principal's capacity to meet contractual obligations
• Demonstrate strong surety bond product knowledge and ability to work with surety account management systems to document for complex commercial surety accounts
• Develop and manage a book of business, meeting/exceeding profitability objectives as set forth by leadership
• Build and grow strategic relationships as well as identify new opportunities for business within the region
• Develop and execute a strategic business plan to expand the surety portfolio

Technical Knowledge and Understanding

• Strong technical underwriting expertise, including knowledge of surety principles, financial risk assessment, and bond forms
• Excellent analytical and decision-making skills, with the ability to assess complex risks and provide solutions
• Effective communication and interpersonal skills for building relationships and managing stakeholder expectations
• Proficiency in underwriting software systems, Microsoft Office Suite, and Adobe
• Quantitative analysis skills
• Ability to present and negotiate complex agreements with brokers
• Effective time management and organizational skills
• Ability to work independently and perform quality work within deadlines

Experience

• Bachelor’s degree in Business, Accounting, Finance, or related field is required
• Advanced degree or professional certifications (e.g. AFSB, CPCU, etc.) is preferred
• Proven experience (typically 3+ years) in underwriting roles within the surety industry

Qualifications

• Must be authorized to work for any employer in the U.S.

Benefits

We offer a competitive salary and opportunities for professional development and advancement. We provide medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program.