Senior Underwriter - Commercial Surety

About the role

A Senior Underwriter is accountable for Commercial Surety product underwriting that contributes to the achievement of the Commercial Surety business plan including new business, renewal retention, pricing and profitability. This role reports directly to the Regional Underwriting Manager of Commercial Surety and will work closely with the Regional Underwriting Manager to foster agency/broker relationships and develop a profitable book of business.

Responsibilities

• Responsible for risk selection/rejection, pricing, retention, growth, and profitability within scope of authority and per divisional objectives.
• Receives and analyzes submissions, assesses risk quality and determines terms in accordance with company guidelines.
• Applies underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.
• Makes recommendations on risks over authority.
• Enters, maintains and monitors accounts using underwriting, analysis, and desktop systems.
• Uses independent judgment and initiative to support business goals.
• Prepares effective internal and external communications on underwriting issues.
• Develops a book of commercial surety business with select brokers/agents and maintains effective business relationships with external customers in order to attract and retain profitable business.
• Visits producers and principals in order to retain existing accounts, survey exposures, build and maintain business relationships, and develop new opportunities in support of divisional objectives.

Requirements

• Minimum of 5 years of commercial experience.
• Bachelor’s degree required in Business, Finance, Accounting or a related field.
• Travel and a valid driver's license required.

Skills

• Strong communication skills to build and leverage excellent customer relationships and to successfully market products.
• Sales mindset for creating and following through on pipeline opportunities that contribute to new business goals and budget objectives.
• Excellent communication, interpersonal and presentation skills.
• Ability to think analytically about business problems, make recommendations and propose solutions.
• High energy, self‑starter, resilient, with an entrepreneurial spirit.
• Demonstrates solid time, organizational, and desk management skills.
• Goal‑oriented mindset, delivers on goals and objectives.

Benefits

• Inclusive and diverse workplace with a focus on belonging.
• Flexible work arrangements.
• Competitive compensation package.
• Generous 401K employer match.
• Employee Stock Purchase plan with employer matching.
• Generous Paid Time Off.
• Excellent benefits that go beyond health, dental & vision.
• Wellness programs focusing on physical and mental wellbeing for employees and their families.
• Tuition reimbursement, industry‑related certifications and professional training available.
• Dynamic, ambitious, fun and exciting work environment.
• Spirit of social responsibility, including matching donation program, volunteer opportunities, and employee‑driven corporate giving.

Pay

The annualized base pay for this position ranges from a minimum of $82,500 to a maximum of $155,100. Actual compensation is determined by market pay, responsibilities, skills, and employee performance. Eligible for discretionary equity (stock)‑based compensation and/or performance‑based variable pay programs.