Surety - Field Representative - Commercial and Small Contract

About the role

The Commercial and Small Contract Surety department at The Cincinnati Insurance Companies is seeking an experienced Surety Underwriter for a full-time, remote position in Tennessee.

Responsibilities

• Establish relationships with agencies and producers
• Classify agencies according to Surety volume and potential
• Develop and execute marketing plans
• Expect 200 agency visits per year as a minimum
• Promote retention and growth of Commercial Surety, CinciExpress, and SuretyBridge lines
• Develop and maintain Commercial and Small Contract accounts and book of business to achieve growth and profit objectives
• Secure and review credit reports, analyze financials, and work in process, bond forms, and contracts
• Conduct meetings with agents and contractors, evaluate bond and/or program requests, and communicate underwriting decisions
• Diagnose and recommend solutions to basic underwriting issues
• Approve, decline, or recommend course of action
• Promote Customer Care Center – Surety
• Operate consistently with Surety field best practices
• Manage EDM records in accordance with company policy
• Know the dynamics of the market and serve as a resource regarding local market conditions, developments, and practices
• Facilitate entry of premium with Sales, Large Contract Surety, and Management Liability Field Representatives
• Pursue educational and/or learning opportunities as may be available or recommended
• Solicit and provide input to Claims

Requirements

• Bachelor's degree in Business Administration with a concentration in Finance or Accounting
• Fluent understanding of bond obligations and contracts, construction accounting and analysis, evaluation and extension of surety credit, definition and management of programs, rates and rate filings/procedures, underwriting and administrative tools and procedures

Qualifications

• Good, foundational knowledge of contractors and the construction industry
• Ability to establish and maintain positive, constructive relationships with agents and associates
• Effective communication skills, both verbal and written
• Ability to organize, adapt, follow through, and deliver on commitments
• Ability to take responsibility for results

Skills

• Strong analytical and problem-solving skills
• Excellent interpersonal and communication skills
• Proficiency in Microsoft Office Suite

Benefits

At Cincinnati, we offer a comprehensive benefits package that includes:

• Health, dental, and vision insurance
• 401(k) retirement plan with company match
• Flexible spending accounts
• Life insurance
• Short-term and long-term disability coverage
• Employee assistance program
• Generous paid time off
• Professional development opportunities
• Discounted gym memberships
• Company-sponsored events and activities