Senior Underwriter, Commercial Surety - Houston - Ascot Group

    Ascot Group
    Ascot Group Houston

    1 day ago

    Description

    Overview


    Ascot Group is a world's preeminent specialty risk underwriting organization. The company operates through an ecosystem of interconnected global platforms and emphasizes a collaborative, inclusive, and entrepreneurial culture focused on underwriting excellence, integrity, and finding a better way, The Ascot Way.

    The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to deploy capital creatively through a cross-product and cross-platform approach, using the Fusion Model: Client Centric, Risk Centric, Technology Centric. Ascot aims to maximize client financial security while delivering bespoke products and world-class service, pre- and post-claims.

    Position Overview


    Reporting to the Vice President, Portfolio Management - Commercial Surety, the Senior Underwriter, Surety – Portfolio Management will assess and manage risk for accounts within Ascot's surety portfolio. The role is primarily a home office underwriter focused on evaluating account creditworthiness, preparing annual underwriting summaries, and supporting systems and data-driven projects. The candidate will support the Surety Underwriting team by underwriting and servicing existing accounts and working on portfolio management projects to proactively monitor Ascot's Surety portfolio.

    This internal underwriting role offers challenge and opportunity with very limited travel, suitable for someone who thrives in a stable, office-based or remote environment.

    Responsibilities

    • Utilize business acumen to gather and review information on financial conditions, risk exposure, loss history, and economic trends, providing recommendations on annual account renewals.
    • Analyze financial statements and other relevant documentation to assess an applicant's financial strength and stability.
    • Collaborate with a team on data-driven portfolio management projects, applying underwriting guidelines and company policies to decisions on bond approvals, modifications, or rejections when needed.
    • Contribute to process improvements and underwriting policy enhancements to streamline operations and mitigate risk.
    • Stay updated on industry trends, regulations, and market conditions to inform underwriting decisions and strategies.
    • Participate in training and professional development activities to enhance underwriting skills and knowledge.
    • Maintain accountability for accurate underwriting and documentation in the account management system, ensuring adherence to documentation standards.
    • Contribute to fostering collaboration, inclusivity, and accountability within the Surety team in daily interactions.

    Requirements

    • Bachelor's degree in finance, business administration, or a related field.
    • At least 2-3 years of experience in surety underwriting or a similar role.
    • Strong analytical skills with the ability to interpret financial statements and assess risk.
    • Excellent communication skills, both written and verbal, for effective interaction with stakeholders.
    • Proficiency in using surety applications and MS Office applications.
    • Knowledge of underwriting principles, industry regulations, and market trends.
    • Detail-oriented mindset with the ability to make sound decisions under pressure and work independently.
    • Professional certifications such as AFSB or CPCU may be preferred but not always required.
    • Ability to travel, under 10% for conferences and team meetings.

    Compensation


    Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is one component of Ascot's total compensation package, which may also include annual bonuses and other discretionary rewards.

    The annualized base pay range for this role is: $110,000 - $140,000.

    Company Benefits


    The company provides a competitive benefits package that includes health and welfare benefits, retirement benefits, and leave benefits. Eligibility requirements apply.

    • Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Life Insurance, and more.
    • Leave Benefits: Paid holidays, annual Paid Time Off, and other leave options (e.g., Bereavement, FMLA, Adoption, Maternity, Military).
    • Retirement Benefits: Contributory Savings Plan (401k).

    Please note that Ascot Group's job opportunities are posted on our official careers page. All official communication comes from email addresses. If you suspect a recruitment communication is fraudulent, verify its legitimacy with Ascot Group. We will never ask for payment or sensitive personal information during any stage of the recruitment process. Your privacy and trust are important to us.


    #J-18808-Ljbffr

  • AVP, Commercial Surety

    1 month ago

    Only for registered members Houston

    We Enable Possibility℠ by promoting progress and inspiring clients employees investors and communities to achieve their greatest potential Overview Assist in overseeing surety production underwriting activities within the region Establish execute shared marketing plan with key pr ...

  • AVP, Commercial Surety

    23 hours ago

    Only for registered members Houston, TX United States of America

    We are seeking an AVP, Commercial Surety to assist in overseeing surety production and underwriting activities within the region. · Gather and analyze all relevant information, applying appropriate underwriting techniques, necessary to make an accurate evaluation of credit qualit ...

  • AVP, Commercial Surety

    1 month ago

    Only for registered members Houston Full time

    Assist in overseeing surety production and underwriting activities within the region. Establish and execute shared marketing plan with key producers and clients. Contribute to division's goals and objectives through prudent underwriting, risk selection, and portfolio management. ...

  • Technical Underwriting Manager-Commercial Surety

    21 hours ago

    Only for registered members Houston, TX

    This will be a remote position, · ideally from Houston, Dallas or surrounding areas. · ...

  • Technical Underwriting Manager-Commercial Surety

    1 month ago

    Only for registered members Houston, TX Remote job

    +We're not like other insurance companies. From our specialty products to our business model, our culture to our results — we're different. Different is who we are, and how we work, interact, deliver and succeed together. · +Underwriter will have profit and loss responsibility fo ...

  • Sales Executive

    21 hours ago

    Only for registered members Houston, TX

    Sales Executive position at World Insurance Associates to develop Surety Bonds business in the Greater Chicago Metro Area. · ...

  • Surety Bond Account Manager

    21 hours ago

    Only for registered members Houston, Texas, , United States

    + Job summary: The Surety Bond Account Manager provides prompt, accurate and courteous service to our clients... · + Responsibilities:Provide exceptional customer service and support to clients throughout the surety bond process · Collectively or independently markets and process ...

  • Surety Bond Account Manager

    1 month ago

    Only for registered members Houston, TX

    The Surety Bond Account Manager provides prompt, · accurate and courteous service to our clients, · producers and company personnel, · while offering a high level of support in obtaining, · maintaining expanding and servicing our commercial and contract bond accounts.Higginbotham ...

  • Surety Bond Account Manager

    1 week ago

    Only for registered members Houston, TX

    The Surety Bond Account Manager provides prompt accurate and courteous service to our clients producers and company personnel while offering a high level of support in obtaining maintaining expanding and servicing our commercial and/or contract bond accounts. · Provide exceptiona ...

  • Sales Executive

    1 week ago

    Only for registered members Houston $80,000 - $200,000 (USD)

    As a Surety Bonds Sales / Revenue Producer for World Insurance Associates, you will identify and cultivate new business opportunities in the Greater Chicago Metro Area. You will leverage our unique niche and platform to develop surety bonds business while also empowering clients ...

  • Surety Bond Account Manager

    1 month ago

    Only for registered members Houston

    The Surety Bond Account Manager provides prompt, accurate and courteous service to our clients... · ...

  • Assistant Regional Manager, Contract Surety

    1 month ago

    Only for registered members Houston

    Job summary: The goal is to position IAT Surety as both a valued partner to key surety producers as well as a recognized leader in the regional surety marketplace. · ...

  • Surety Bond Account Manager

    3 weeks ago

    Only for registered members Houston

    The Surety Bond Account Manager provides prompt accurate and courteous service to our clients producers and company personnel while offering a high level of support in obtaining maintaining expanding and servicing our commercial and/or contract bond accounts. · Provide exceptiona ...

  • Project Coordinator (PR25065)

    1 month ago

    Only for registered members Greater Houston

    The Project Coordinator will process and expedite equipment, software, and documentation to integrators, vendors, and clients worldwide. The role requires evaluating commercial terms and conditions of client contracts and resolving discrepancies. · ...

  • Project Coordinator (PR25065)

    20 hours ago

    Only for registered members Houston, Texas, United States

    The Project Coordinator will process, expedite and ship equipment, software and documentation to integrators, vendors and clients worldwide. · Bachelor's degree in related field or equivalent education and/or work experience. · 1 year of experience in project coordination or inte ...

  • Insurance Coordinator

    6 days ago

    Only for registered members Houston, TX

    The Insurance Coordinator will work closely with all members of the project team... · ...

  • Senior Truck Underwriter

    1 month ago

    Only for registered members Houston

    We have an immediate opening for a skilled and motivated Senior Underwriter within the Commercial Truck Team to support our fleet segment. · ...

  • Sales Executive

    1 month ago

    Only for registered members Houston

    The Sales Executive will identify, prospect and cultivate new business with a focus on commercial accounts and engage in all sales and marketing tactics to move prospects through the funnel to closing. · Must have proven experience with a range of insurance solutions to bring val ...

  • Senior Counsel, Corporate Services

    1 week ago

    Only for registered members Houston Full time

    The Senior Counsel will work with colleagues in the Corporate Services section of a large corporate law department in a publicly traded, international energy company. · Advise on credit risk mitigation, financial assurances, collateral structures, and credit related transactiona ...

  • Sales Executive

    1 month ago

    Only for registered members Houston

    Imagine the potential as a Client Advisor bringing risk management solutions to businesses and individuals. · Identify, prospect, and cultivate new business opportunities. · Engage in sales and marketing tactics to move prospects through your funnel to closing. · ...

  • Counsel / Senior Counsel

    3 weeks ago

    Only for registered members Houston, TX

    The Finance & Treasury Law (FTL) Group supports Chevron's Global Treasury team. · Serve as an integrated legal partner and counselor to Enterprise Finance, Credit & Risk Control, · Provide legal advice on risk exposure and potential mitigation solutions on a broad range of Chevro ...

Jobs
>
Houston