Commercial Surety Underwriting Specialist - Southeast/Mid-Atlantic

Great American Insurance Group

$70K — $95K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Accounting, or related field.
  • 5+ years of experience in underwriting, particularly in surety.
  • Progressing towards certification like AFSB, CPA, or RPLU is preferred.
  • Strong analytical skills for risk assessment and financial evaluation.
  • Ability to build and maintain strategic relationships.

Responsibilities

  • Analyze business reports for underwriting processes including financial statements.
  • Manage risk selection, pricing, retention, and profitability for the branch office.
  • Ensure compliance with company guidelines while assessing risk quality.
  • Review and recommend credit terms for underwriting conducted by others.
  • Develop relationships with internal and external stakeholders.
  • Provide exceptional customer service and communicate effectively.
  • Maintain organization to manage multiple responsibilities and make informed decisions.

Benefits

  • Medical, dental, and vision coverage.
  • Wellness plans, parental leave, and adoption assistance.
  • Tuition reimbursement available for employees.
  • Paid Time Off, paid holidays for full-time and eligible part-time employees.
  • 401(k) plan with company match and an employee stock purchase plan.
  • Commuter benefits offered.
Full Job Description

We have an opportunity for a Commercial Surety Underwriting Specialist! The candidate can be in the Southeast or Mid-Atlantic Region. The position involves in-office work and traveling within the assigned territory.

Essential Job Functions and Responsibilities

  • Understand and analyze business reports needed in the underwriting processes, including credit checks, bank agreements, and financial statements.

  • Responsible for all risk selection/rejection, pricing, retention, growth, and profitability for their branch office.

  • Assess risk quality in compliance with company guidelines.

  • Review the underwriting of others and make recommendations for extending surety credit including the terms and conditions.

  • Develop and maintain strategic relationshipswith internal and external stakeholders.

  • Communicate effectively.

  • Must be highly organized to handle a variety of responsibilities.

  • Deliver exceptional customer service.

  • Make timely, informed decisions.

  • Operate with integrity and honesty.

  • Hold self and team accountable for achieving established objectives.

  • Use independent judgment and initiative to support business goals.

  • Coach and develop team.

Job Requirements

  • Education: Bachelor27s Degree or equivalent experience.

  • Field of Study: Finance, Accounting or a related discipline

  • Experience: Generally, 5+ years of related experience. Progression toward certification in area of expertise preferred; appropriate certifications could include Associate in Surety and Fidelity Bonding (AFSB), Certified Public Accountant (CPA) and/or Registered Professional Liability Underwriter (RPLU).

Business Unit:

Bond

Benefits:

We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.

Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at http://www.gaig.com/careers.

*Excludes seasonal employees and interns.

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