- Contribute to company profitability and minimize losses by proper acceptance or rejection of all types of bonds, primarily contract bonds, and by effectively underwriting a large volume of submissions and the larger submissions presented to the office.
- Underwrite new business, select acceptable risks to class and price.
- Maintain good agency relations even when rejecting business by tactful handling of the situation.
- Act as liaison between agent, contractor, and branch to maintain good public relations and facilitate resolution of underwriting or procedural questions/problems.
- Prices business according to company underwriting and pricing guidelines.
- Understanding of financial statements and ratios used in risk analysis.
- Manage workflow and intricacies of underwriting more complex assigned work, utilizing company tools and systems to meet service level agreements.
- Ensure file handling quality and workflow efficiency with a thorough understanding of overall surety strategic direction and operating plans.
- Complete agency visits as appropriate to develop new accounts, service existing accounts, review agency performance and enhance agency relationship.
- Develop and maintain strong business relationships with agencies, producers and key groups.
- 7 – 10+ years of Contract Surety underwriting experience
- Proven track record of building strong business relationships with agents and insureds
- Strong communication, analytical skills, and business acumen
- Bachelor's Degree is strongly desired.
- $140,000 to $160,000+ annual base salary plus 15 – 40% Target Bonus
- Flex schedule and ability to work remotely
- Extremely competitive Medical, Dental, Vision and Life plans
- Employer matching 401(k) plan
- Generous PTO plan
- Employee Stock Purchase Plan with employer matching
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Executive Contract Surety Underwriting Specialist - Charlotte, United States - King's Insurance Staffing
Description
Our client, an A-rated National P&C Insurance Leader, is continuing to expand their Contract Surety Bond Division and seeking to add an Executive Contract Surety Underwriting Specialist/Territory Manager to the Pacific Northwest region. This person would be responsible for developing and retaining agency relationships, territory/book growth, evaluate risk exposures, review financial statements, credit reports, bank and other underwriting documents. This person would also be able to work remotely
Requirements:
Salary/Benefits:
