Contract Surety Underwriter - Los Angeles, United States - Old Republic Surety CO

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    Description
    Old Republic Surety Company (ORSC) is currently seeking a

    Contract Surety Underwriter

    to join its Underwriting Team at our Orange County, CA branch.

    In general, the

    Contract Surety Underwriter


    analyzes all relevant information on bond renewals and submissions and underwrites within authority limit or recommends underwriting decisions to the manager.


    Essential duties for the role are as follows:
    Underwrite bonds within authority limit, and/or make underwriting recommendations to management that will contribute to the Company profitability objective.
    Develop and apply financial analysis and underwriting skills which lead to acceptable loss ratio objective.
    Demonstrate proficiency in applying Company underwriting procedures and policies.

    Participate in regular travel of the assigned territory by use of motor vehicle (personal, rental and/or company provided), public transportation and/or airplane.

    Travel is including, but not limited to, attending agency visits to maintain current business and/or obtain additional business, participating in industry specific events, and meeting with prospective business partners.

    Develop and maintain rapport with agency plant and service agents to enhance marketing efforts.
    Collaborate with other Company employees to promote efficient and effective underwriting services to agents.

    Enter information and maintain the agency database utilizing Customer Relationship Management (CRM) software to assist in the marketing growth objectives of the respective branch and/or home office.

    Utilize data to grow business.
    Other duties as assigned.

    QUALIFICATIONS:


    This position requires a High School diploma, or equivalent, and a minimum of 18 months bond industry or related experience, or an equivalent combination of education and experience.

    Working as a

    Contract Surety Underwriter

    requires one to work independently and effectively within a fast-paced environment. Proficiency with Microsoft (MS) Windows and Office products is necessary.

    Other skills necessary include excellent oral and written communication skills, strong organizational and accurate proofreading skills, the ability to maintain accurate records, the ability to exercise discretion with confidential information, strong attention to detail, and the ability to use a variety of office equipment.


    PHYSICAL AND ENVIRONMENTAL DEMANDS:
    This position requires one to sit for extended periods of time and stand and/or walk occasionally. The position requiresone to occasionally push, pull, carry, and/or lift up to 10 pounds . No personal
    protective equipment is required. Ergonomic equipment is available to employees.
    WHO ARE WE?

    Old Republic Surety Companyunderwrites contract, fidelity, and commercial bonds, serviced through a network of more than 4,500 independent insurance agencies.

    Solutions provided include bid bonds, performanceand payment bonds, and maintenance bonds for large, middle market and smaller growing contractors. ORSC consistently offers superior service and creative underwriting options in all 50 states.
    WHY OLD REPUBLIC SURETY COMPANY?
    Old Republic Surety Company offers numerous opportunities for our employees to grow and prosper. We have a culture of growth from within and we support our employees' pursuits in advancing their careers. We offer this in an open-door, collaborative workplace that encourages and rewards both teamwork and individual contributions. We want bright, passionate individuals who share our values and quest for success. To learn more about our company culture and our outstanding benefits, please visit ourand watch this.

    COMPANY BENEFITS

    Financial:
    Competitive salary ( $65,000-$100,000 commensurate with experience)
    401k Savings & Profit-Sharing Plan, including company match contribution
    Roth investment options
    529 Education Savings Plan
    Employee Referral Bonus Program

    Health:
    Health Insurance
    Dental Insurance
    Flexible Spending & Health Savings Account options
    Life Insurance
    Vision Insurance
    Supplement Life Insurance
    Long-Term Disability Insurance
    Paid Leave of Absence Benefits
    Accident & Critical Illness Insurance
    Pet Insurance

    Work-Life Balance:
    38.75 hour standard work week
    Hybrid work opportunities available upon completion of training
    Casual business attire
    Generous paid time-off (PTO)
    Paid holidays
    Volunteer opportunities
    Company-sponsored events and outings


    Interested? Click 'apply' and follow some very simple steps to get your resume in front of the Talent Acquisition Team.

    Old Republic Surety Company is an Equal Opportunity Employer and is committed to maintaining a diverse workplace.
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