Surety Territory Underwriter
Surety Territory Underwriter
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Job Description
Job Details
Description
Integrity. Care. Trust. Compassion. Expertise.
Do these words resonate with you
These values of Builders culture create success in all we do. We strive to provide deeply supportive partnerships to our customers agents and each other.
Builders is proud to be named among the Great Places to Work. Our award-winning culture has earned top marks in Company Direction Employee Appreciation Work-Life Balance Leadership and Compensation and Benefits. Our strong culture keeps us Built Strong in a forever-changing world and our AM Best A Rating is evidence of our financial strength.
Position Summary
The Surety Territory Underwriter plays a key role in evaluating selecting and pricing qualified surety bond risks within a designated territory. This position is responsible for effectively managing a portfolio of business while cultivating strong collaborative relationships with internal and external contacts independent agents and teams.
Responsibilities
- Review new and renewal submissions including loss history to comprehensively assess exposures determine risk acceptability set appropriate terms and conditions and apply pricing based on individual risk characteristicsall in alignment with the companys underwriting standards and guidelines for each line of business.
- Contribute to the strategic planning process for the assigned territory by supporting the development of regional goals and objectives; monitor agency performance and recommend improvement plans where appropriate.
- Exercise sound judgment within assigned authority levels when evaluating risks setting limits and determining pricing strategies.
- Implement pricing strategies that reflect individual risk characteristics and recommend enhancements to underwriting practices policies and procedures to support the companys profitability goals.
- Generate and revise quotes for independent agents actively pursue new business opportunities and work toward meeting established sales and growth targets. Effectively manage a portfolio of accounts to maintain performance within acceptable loss ratio thresholds by line of business.
- Establish and maintain productive collaborative relationships with agents serving as a primary point of contact and delivering prompt professional support to address inquiries and resolve issues for agents policyholders and prospects.
- Provide training and guidance to agents on company systems tools and underwriting practices to enhance efficiency and ensure alignment with underwriting expectations.
- Collaborate cross-functionally with internal departments to support agency relationships and drive mutual success.
- Leverage underwriting expertise to assess recommendations from internal teams and ensure appropriate handling of accounts under review.
- Review and respond to technical correspondence with professionalism clarity and accuracy.
- Engage in ongoing professional development to remain current on industry trends evolving market conditions and competitor strategies.
- Perform other duties as assigned.
Qualifications
- Bachelors degree in insurance or related discipline; or equivalent combination of education and/or experience
- Five or more years of progressive experience in insurance underwriting with a strong foundation in policy processing and operational workflows
- Knowledge of the construction industry contract performance and commercial surety bonds.
- Skill in building and maintaining effective relationships with proven ability to collaborate across teams and engage professionally with both internal and external stakeholders
- Skill in delivering presentations providing exceptional customer service and resolving issues with a solution-oriented approach
- Self-motivated and capable of working independently while contributing positively in a team environment; committed to maintaining clear and transparent communication with internal leadership
- Skill in analysis time management prioritization negotiation and project management; ability to multi-task effectively while paying attention to detail
- Proficient in both verbal and written communication with the ability and commitment to maintain confidentiality
- Proficient with BondPro SuretyCloud CAM Surety Surety2000 and Microsoft Office Suite and function specific software applications
Lets talk benefits!
- Competitive Salary
- Bonus Structure
- Profit Sharing
- Medical Dental Vision Insurance
- Employer Paid Short Term Disability
- Employer Paid Long Term Disability
- Employer Paid Life Insurance
- Voluntary Life Insurance
- 401K with Company Match
- PTO
About Builders
Builders is a mid-sized mutual with remarkable strengths. Rated A by AM Best Builders has forged rock-solid financial strength and a reputation for reliability and fairness in fulfilling our promises to customers. Kind collaborative and customer-centric our experienced and passionate teams foster a rewarding atmosphere of excellence trust and mutual respect meriting the Culture Excellence honors from Top Workplaces. Flexible and highly personal our experts leverage deeply supportive partnerships with knowledgeable independent agencies to drive better services and protection for policyholders.
Our financial excellence amazing people and powerful partnerships build outstanding outcomes and peace of mind for our agents and their clients. This is what we mean by Insurance Built Strong.
Builders Insurance Group is an Equal Opportunity Employer. We welcome applicants from all walks of life and dont discriminate based on any protected status. Join us in creating a diverse and inclusive workplace! If during the application process you need assistance or an accommodation due to a disability please contact .
Employment Type
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