Contract Surety Underwriting Manager

Contract Surety Underwriting Manager

Seeking a highly skilled and experienced Contract Surety Underwriting Manager to join a dynamic underwriting team. This role involves managing routine underwriting responsibilities including financial and account analysis bond renewal preparation and maintaining strong agency relationships. The ideal candidate will have a deep understanding of the Contract Surety industry and possess exceptional analytical and communication skills.

• Competitive salary (commensurate with experience).
• Comprehensive benefits package including health dental and vision insurance.

• Conduct financial and account analysis of pertinent data to evaluate new existing and renewal business.
• Request and gather financial information on assigned accounts.
• Prepare bond renewals and determine whether bonds should be canceled.
• Maintain and foster strong agency relationships providing exceptional service and support.
• Underwrite low-value bonds and renewals within authority limits.
• Provide direction to Bond Underwriting Assistants for bond processing.
• Deliver quality recommendations to Branch and Home Office Reports on assigned accounts and agents.
• Rate and review bonds for premium and classification accuracy.
• Ensure accuracy and completeness of files verifying all necessary documentation is included.
• Act as the primary service contact for assigned agents including in-person visits to maintain ongoing relationships.
• Communicate knowledge of assigned accounts effectively to Branch and Home Office personnel through written and verbal means.
• Prioritize workflow to meet deadlines and ensure timely completion of tasks.
• Perform other job-related duties as required.

• Bachelors degree in Risk Management Finance Mathematics Business or a related field with at least 7 years of experience in Surety or equivalent experience (11 years of Surety experience).
• In-depth knowledge of the Contract Surety industry and advanced analytical skills with a minimum of 5 years of industry experience.
• Ability to apply loss development and advanced loss analysis concepts to achieve optimal risk pricing.
• Creative problem-solving skills to utilize coverage features deductibles or reinsurance to meet company objectives.
• Strong communication and relationship-building skills to effectively interact with agents underwriters and internal teams.

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