A Senior Underwriter evaluates surety bond applications, analyzes financial stability, and makes informed decisions to protect the interests of the surety company while maintaining profitability.
Requirements
- Review and evaluate surety bond applications/submissions to determine risk levels and underwriting terms.
- Analyze financial statements, credit reports, and other relevant documents to assess the financial stability of applicants.
- Collaborate with brokers, agents, and clients to gather necessary information required for proper analysis of bond risks.
- Develop and maintain relationships with brokers, agents, and industry professionals.
- Provide guidance and support to junior underwriters or team members.
- Stay updated on industry trends, regulations, underwriting practices, and competitors.
- Coordination with Automation Team to implement bond types/risks in the surety bond platform.
- Stay abreast of obligee requirements and statutory changes.
- Ability to manage multiple projects and prioritize tasks effectively.
Benefits
- Medical, dental, vision, and life insurances
- Short and long-term disability
- Company-match of 100% of a 6% contribution 401(k) plan
- Employee Assistance Plan
- Health Savings Account
- Flexible Spending Account
- Health Reimbursement Account
- Wellness program