Contract Surety Underwriting Trainee - Madison, United States - West Bend Insurance Company

West Bend Insurance Company
West Bend Insurance Company
Verified Company
Madison, United States

2 months ago

Mark Lane

Posted by:

Mark Lane

beBee recruiter


Company Overview:

Voted Journal Sentinels Top Workplaces to work for 3 consecutive years Join us at West Bend Mutual, where we have been voted top workplaces to work three consecutive years. At West Bend Mutual, we believe that our employees are our greatest asset. We hire talented individuals who are conscientious, dedicated, customer focused, and able to build lasting relationships. We create and maintain an environment where you feel a sense of belonging and appreciation. Your diversity of through, experience and knowledge are valued. Recognized as top workplace, we are committed to fostering a welcoming culture, offering you opportunities for meaningful work and professional growth. More than a workplace, we celebrate our success and take pride in serving our communities.

Job Summary:

Based out of the Madison, Wisconsin office, the Contract Surety Assistant Underwriter position is an excellent opportunity to develop and expand knowledge of the surety bond industry as an underwriting trainee.

Responsibilities & Qualifications:

Responsibilities will include:

  • Maintain underwriting files, including requesting necessary file updates.
  • Working with territory underwriter, assist in analyzing new contract account submissions.
  • Conduct financial statement and credit analyses, developing a comprehensive understanding of financial statements and key ratios.
  • Review construction contracts and assess project risk.
  • Perform credit and reference checks.
  • Develop and maintain collaborative relationships with agents and contractor clients, through phone calls, in-person visits, and other strategic marketing opportunities.
  • Attend instructor led and web-based training, paired with self-study coursework, to enhance and develop underwriting acumen and knowledge of the surety industry.

Preferred Experience and Skills

  • Oral and written communication skills
  • Interpersonal skills
  • Strong organizational and time management skills
  • Analytical and decisionmaking skills
  • Excellent customer service/relationships skills

Preferred Education and Training

  • Bachelor's degree (preferably in Finance, Accounting, Economics, Business, or related field) or equivalent combination of education and experience


West Bend provides equal employment opportunities to all associates and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, and promotion.

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