Jobs · Finance · Illinois

Sr. Contract Underwriting Territory Manager

Merchants Bonding Company · Chicago, IL · 3 mo ago
FinanceContract

About the role

The Contract Underwriting department at Merchants Bonding Company is unique as we solely focus on surety bonds, while offering best in class customer service to our agencies and accounts. Our common sense underwriting philosophy allows us to look at the whole picture while having flexibility to see each account on its own merits.

Job Responsibilities

  • Evaluate surety risks based on authority and strategy
  • Review agent submissions and documentation
  • Absess profit/loss potential
  • Determine appropriate rates
  • Prepare bond quotes
  • Respond to inquiries
  • Develop positive relationships with agents and major accounts through regular on-site visits
  • Seek out new business opportunities through prospecting and marketing efforts
  • Represent the company professionally at industry events while networking with peers

Skills

  • Possess strong analytical and research skills
  • The ability to shift focus quickly to handle a variety of bond applications

Your Qualifications

  • Successful underwriters typically have a Bachelor’s degree in business, accounting, or finance, or equivalent work experience in the bond industry and/or commercial banking/real estate
  • 5-10+ years of experience in underwriting positions
  • Open to candidates who bring unique experience and skills to the table, and who are eager to learn and develop themselves further

Financially Savvy

  • You can confidently read and analyze financial documents with ease

Detail-Oriented

  • You have a keen eye for detail and strong critical thinking and analysis skills

Communication Master

  • You possess exceptional verbal and written communication skills, and you know how to tailor your message to different audiences

Collaborative By Nature

  • You're able to work independently while also being an effective team player

Customer Service Champions

  • You have a track record of providing first-class experiences to everyone around you

Strategic Thinkers

  • You approach negotiations with a strategic mindset, always keeping the bigger picture in mind

Benefits

  • Flexible hybrid and remote opportunities with 37.5 hour work week
  • Free health insurance option
  • Paid volunteer time off with matching gift program
  • Infants in the Workplace Program with family resources

We're excited to hear from candidates who are driven, adaptable, and open to learning new things. If you have the foundational qualifications listed above, and a passion for growth and development, we encourage you to apply.

Learn more about building your career at Merchants by visiting www.merchantsbonding.com/careers.

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