Surety Midwest - Underwriter

Essential Duties And Responsibilities

• Reviews agency submittals for completeness and accuracy, requesting additional information if necessary.
• Initiates the underwriting process to make thorough evaluations and assessments in accordance with the standards established for Frankenmuth Surety.
• Secures all relevant credit reports and completes appropriate reference checks.
• Completes all necessary financial and project data entry and prepares financial and project trend analysis.
• Prepares summary recommendations for review with supervisor in conformance with company guidelines and models.
• Facilitates review and approval/declination of bid requests on assigned accounts.
• Communicates with agents and internal staff to collect necessary information to perform risk assessment and update financial files over the course of a fiscal period.
• Builds and maintains productive and profitable relationships with agents.
• Solicits submissions through marketing efforts, and educates agents on our requirements and appetite.
• Reviews relevant contract documents to identify potential exposures and risks to the surety.
• Works with the Director, Surety to craft appropriate bond form language and construct the appropriate indemnity agreement.
• Advances surety strategy and marketing at various industry functions and with our agency plant.
• May provide leadership to junior staff through guidance and training.
• May provide input to management regarding junior staff performance.

A minimum requirement for this position is the ability to work legally in the United States. No visa sponsorship/support is available for this position, including for any type of U.S. permanent residency (green card) process.