Contract Bond Underwriter
Contract Bond Underwriter
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Salary Not Disclosed
1 Vacancy
Job Description
Underwriter
TokioMarine HCC Surety Group a member of theTokioMarine Group of Companies has an exciting opportunity for an Underwriter at our Cincinnati OH office.
We are looking for a motivated individual to join our highly skilled underwriting team which specializes in contract and commercial surety bonds.
Key Responsibilities
The Underwriter reviews contract bond applications to evaluate classify and rate risk to determine acceptability coverage and pricing. The underwriter establishes maintains and develops agency and/or broker relationships and has defined underwriting authority as well as responsibility for business development.
Performance Objectives
- During the first 30 days: Learn about our company our systems and processes and the members of our team. Review contract bond applications to evaluate classify and rate risk to determine acceptability and rating. Analyze financial statements collateral and related due diligence. Prepare bond execution and financial analysis reports.
- During the first 3 months: Approve within given authority or recommend approval or denial of bonds to a higher authority within the home office. Draft and issue surety bonds according to established guidelines.
- During the first 6 months: Resolve legal accounting and collateral issues related to bond submissions with internal clients.
- During the first year and beyond: Cultivate relationships with internal and external contacts to facilitate the underwriting process promote business development and remain abreast of industry trends.
Experience & Education Qualifications
- Experience with analyzing financial statements
- Success characteristics:
- Customer service mindset highly responsive to external and internal parties
- Excellent organizational skills
- Excellent time management skills
- Excellent written and verbal interpersonal skills
- Initiative to develop business opportunities
- Adept at using multiple systems programs and tracking information
- Bachelors degree in Business Administration Finance a related field or the equivalent education and/or experience
TheTokioMarine HCC Group of Companies offers a competitive salary and employee benefit are a successful dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of HCC Group of companies is an equal opportunity visit more information about our companies.
Employment Type
Full-Time
