Contract Surety Bonds Underwriting Manager Orange, CA

Contract Surety Underwriting Manager Orange CA

Division: Bonds
Location: Orange CA (Flexible schedule: inoffice travel within assigned territory)

Essential Job Functions & Responsibilities

• Responsible for low to moderately complex risk selection/rejection pricing retention growth and profitability within scope of authority and divisional objectives.
• Uses independent judgment and initiative to support business goals.
• Maintains a high level of customer service.
• Receives and analyzes submissions and determines terms to offer (policy limits credit limits deductibles coverage options and conditions work programs etc.).
• Prices business in accordance with company guidelines.
• May conduct investigations of new and existing accounts through business owners (banks owners creditors debtors architects engineers criminal record checks onsite visits etc.).
• Assesses risk quality and compliance within company guidelines.
• Orders and analyzes business reports needed for rating and underwriting including credit checks bank agreements financial statements and underwriting surveys.
• Makes recommendations on risks over authority.
• Enters maintains and monitors accounts using underwriting analysis and desktop systems.
• Prepares effective internal and external communications on underwriting issues.
• Develops and maintains effective business relationships with internal and external customers/coworkers to attract and retain profitable business.
• Visits producers and principals to retain existing accounts build and maintain business relationships and develop new opportunities.
• Interprets explains and markets products and services.
• Surveys exposures and supports divisional objectives through field visits.
• Applies underwriting rules and guidelines rating manual rules and insurance laws and regulations.
• May provide guidance and assistance to lowerlevel associates.
• May have responsibility for staff performance and coaching including participation in talent selection development and performance management.
• Performs other duties as assigned.

Job Requirements

Education:

• Bachelors Degree or equivalent experience.
• Preferred Field of Study: Finance Accounting or related discipline.

Experience:

• Generally seeking 7 years of related experience.
• Progression toward professional certifications preferred:
  • Associate in Surety and Fidelity Bonding (AFSB)
  • Certified Public Accountant (CPA)
  • Registered Professional Liability Underwriter (RPLU)

Salary Range

$175000 $220000