Senior Surety Underwriter/AVP

Senior Surety Underwriter/AVP

Job is fully remote, no location specified

Direct Hire/ Full time

JOB DETAIL

The company is currently looking for a Senior or AVP Surety Market Facing Underwriter to work out of our Central Region, which includes Illinois, Minnesota, Ohio, St Louis and Wisconsin.

As the Surety Underwriter will work to analyze and underwrite a book of new and renewal business. Underwriters will use the company's Way of Underwriting Framework within delegated authority levels on highly complex assignments ensuring a high-level service to customers. In this role, you will partner with the Central Region brokers and will utilize strong sales execution mindset to write profitable business.

Additional responsibilities will include:

• Proactively seek renewal and new account opportunities.
• Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity. Negotiate Terms & Conditions and close deals.
• Cross-Sell other lines of business to increase product density with the account.
• Update required systems with details of broker / client visits and account status within specified time frame.
• Calculate Target Price accurately by utilizing underwriting tools appropriately.
• Diagnose and develop recommendations to solve unique business unit and customer problems
• Demonstrate specialized knowledge and expertise in products and industry.
• Administer and monitor underwriting rules and guidelines, insurance laws and regulations, and rating manuals.
• Work at the highest authority limits on assignments utilizing the highest degree of technical complexity and coordination.

This role will be filled at either the Senior Underwriter III or AVP, Underwriter IV. The hiring manager will determine the appropriate level based upon the selected applicant's experience and skill set relative to the qualifications listed for this position.

Basic Qualifications Senior Underwriter:

• High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area

OR

• High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area

OR

• company Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area
• OR
• company Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area

Basic Qualifications AVP, Underwriter:

• High School Diploma or Equivalent and 7 or more years of experience in the Underwriting or Market Facing area

OR

• High School Diploma or Equivalent and 14 or more years of experience in the Claims or Underwriting Support area

OR

• company Certified Insurance Apprentice including an Associate Degree and 5 or more years of experience in the Underwriting or Market Facing area

OR

• company Certified Insurance Apprentice including an Associate Degree and 12 or more years of experience in the Claims or Underwriting Support area

AND

• Experience with Microsoft Office

Preferred Qualifications for both levels:

• Bachelors Degree
• Advanced knowledge and practice of line/s of business
• Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines
• Ability to effectively assess risk
• Ability to work in a team-based environment
• Knowledge of time restraints for quotes on new and renewal business
• Strong presentation skills