Senior Underwriter, Construction Surety
Senior Underwriter, Construction Surety
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Our Construction Surety team is seeking a dynamic and experienced Senior Underwriter. As a leading global insurance provider we pride ourselves on our commitment to excellence and innovation in the surety this critical role you will leverage your expertise in underwriting and your knowledge of the construction industry to assess risk and develop tailored surety solutions for our clients.
Duties may include but are not limited to:
- Marketing and prospecting for new business primarily through travelling throughout the assigned territory. Travel expectations 10-25% with flexible territory options.
- Documents the underwriting files.
- Determines terms and conditions and complex rating plans.
- Handles more complex files and portfolios.
- Guides and mentors junior staff.
Qualifications
Education & Experience:
- 3 years surety underwriting experience.
- Bachelors degree in accounting finance economics or marketing preferred.
- Achieved or working towards achieving the AFSB (Associates in Fidelity and Surety Bonding) designationis preferred.
Critical Competencies:
- Fundamental Surety Underwriting: Ability to underwrite surety credits which generate a profit for the Company while meeting the needs of the customer.
- Risk Assessment: Ability to identify risk exposures analyze contracts and bond forms. Ability to analyze and differentiate risks on an account specific basis. Manage underwriting meetings with customers to understand operations and internal controls.
- Financial proficiency: Sophisticated understanding of financial statements and ratios used in surety underwriting. Understanding of the impact of underwriting decisions on company results. Ability to understand credit risk.
- Actuarial fundamentals: Ability to understand loss trends loss triangles and ratemaking. Ability to quantify risk based on experience history and forecasting methods.
- Marketing and communications: Ability to build relationships internally and externally to grow the book of business to achieve bottom line profitability for the Company. Ability to make presentations and communicate articulately. Ability to base communications on strategic thinking. Ability to manage producer strategy.
- Technological proficiency: Ability to use systems and software programs needed to conduct daily business.
Required Experience:
Senior IC
Employment Type
Full-Time
