Sr. Underwriter OR Underwriting Manager - Commercial Surety - West Region
Location: Remote Territory: Must Live in the Western US Territory (CA, AZ, OR, WA, NV, UT) As a Senior Underwriter OR Underwriting Manager, you will be integral in underwriting and servicing surety risks within the Northeast territory. Your primary responsibilities will include servicing and nurturing agency relationships with the objective of growing our commercial surety accounts in your designated region. Empowered to make decisions within established underwriting guidelines, you will extend lines of authority (LOA). For accounts exceeding your authority and new business opportunities, you will collaborate and make recommendations to the Regional Vice President (RVP). This position reports directly to the territory’s RVP. Essential Responsibilities • Business Development : Develop and underwrite new business, ensuring the company's interests are protected. • Agency Relationship Management : Service and maintain existing agency relationships within your territory. • Underwriting Review : Review underwriting for new and existing accounts, establishing terms and conditions within your authority limits. • Referral for Review : Refer accounts beyond your authority to higher levels within the field or home office with recommended actions. • Account Maintenance : Keep account and bond files updated as per underwriting guidelines. • Compliance: Ensure all terms and conditions are met before releasing bonds. • Negotiation : Negotiate terms and conditions in line with market requirements within the submission timeframe. • Customer Service : Provide superior customer service, setting us apart from competitors. • Travel: Attend agency marketing and industry events, requiring some overnight travel. A valid driver’s license is required. • Project Work : Perform special underwriting projects as assigned. Qualifications Education/Experience • Located in the Western region • Preferably a college degree in business, finance, or a related field Minimum 3 years of surety underwriting experience • Skills • Ability to work independently and handle multiple tasks simultaneously • Excellent written and verbal communication skills • Established broker and agency relationships within the Northeast Territory • Advanced organizational and analytical skills with a strong attention to detail • Solid understanding of financial and accounting principles • Strong interpersonal skills Meticulous attention to detail and record maintenance • Knowledge • Experienced in commercial surety underwriting, skilled in risk selection and recommending terms and conditions • Proficient in analyzing financial profiles essential for evaluating risk • Understanding of financial statements, basic regulatory requirements, and bid processes Licenses/Certifications • AFSB certification desired Compensation & Benefits The applicable base salary for this opportunity is $100,000 - $175,000. The base pay offered will be determined by factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. In addition to the base salary, this opportunity may be eligible for performance-based incentives. We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition and professional certification assistance, 401k savings, elective participation in the Employee Stock Purchase Program, paid time off, paid holidays, and child bonding leave, as well as other employee assistance programs. #LI-Remote Apply tot his job