Swiss Re

Contract Surety Bond Underwriter

Swiss Re$156K — $234K *
Plano, TX 75025In-Person
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in business, finance, or accounting (or equivalent work experience)
  • 3-5 years of contract surety underwriting experience
  • Strong marketing abilities with a focus on new business acquisition
  • Proficient in quantitative and financial analysis
  • Excellent written and verbal communication skills
  • Proficient in Microsoft Excel and Word
  • Willingness to travel up to 25%.

Responsibilities

  • Underwrite contract surety bonds according to company guidelines
  • Manage daily bids and final bond requests
  • Review new contract bonds for compliance with policies
  • Approve bonds within the assigned authority limit
  • Analyze the fiscal status of accounts and perform financial audits
  • Enhance agency relationships and secure new agents
  • Provide marketing updates and reports to management

Benefits

  • Opportunity to engage in special projects
  • Participation in regional meetings
  • Growth potential within a global organization
Full Job Description
Must have Credit & Surety Underwriting experience

About The Role:

Underwrite contract surety bonds in conformance with Swiss Re Corporate Solutions Suety Group underwriting guidelines to determine if they meet risk acceptability standards and the strategy of the company. Responsible for increased premium production achieved by enhancing agent relationships. Authority to approve surety bonds up to an assigned authority level granted by Branch Manager.

  • Responsible for the management of daily bids and final bond requests.
  • Responsible for the review of new contract bonds for completion in accordance with Swiss Re Corporate Solutions Surety Group policies. Analyze new account submissions for assigned territory.
  • Approve bonds within the limit of authority for this position.
  • Oversee and manage the fiscal status of accounts. Perform analysis on annual accounting audits and internal financial statements. Review and be familiar with relevant credit information.
  • Maintain current documentation and credit information files in accordance with the Swiss Re Corporate Solutions Surety Group Procedure Manual for Contract Surety.
  • Enhance existing agency relationships and identify and secure new agents. Schedule regular meetings with established agents. Visit bond accounts as requested by agents and supervisor.
  • Provide quarterly marketing updates to VP/Branch Manager and other reports as requested.
  • Attend Swiss Re Corporate Solutions Surety Group regional meetings as required.
  • Participate in special projects as delegated by the VP/Branch Manager.


Position location is Dallas/Plano TX or surrounding metroplex.

About You:

  • Bachelor's Degree with emphasis in business, preferably finance or accounting, or equivalent work experience.
  • Minimum of 3-5 years of current contract surety underwriting experience for Underwriter level.
  • Strong marketing skills and ability to obtain new business and work with contractor clients.
  • Strong competency in quantitative and financial analysis.
  • Effective written and verbal communication skills.
  • Competent computer skills including knowledge of Excel and Word.
  • Ability to travel 25%.


For Dallas, TX, the estimated base salary range for the Underwriter position is $156,000 to $234,000. The specific salary offered for this or any given role, takes into account many factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.

#corso

Keywords: PLANO TX
Reference Code: 138158

About Swiss Re

Swiss Reinsurance Company Ltd, commonly known as Swiss Re, is a reinsurance company based in Zurich, Switzerland. It is the world's second-largest reinsurer, after Munich Re. Swiss Re provides insurance and reinsurance products and services to customers globally. The company operates through four segments: Property & Casualty Reinsurance, Life & Health Reinsurance, Corporate Solutions, and Admin Re. Swiss Re has a long history, dating back to 1863, and has grown to become a leading player in the global insurance and reinsurance industry. The company is committed to sustainability and has set ambitious targets to reduce its carbon footprint and promote renewable energy.
Learn more about Swiss Re
Size
13,189 employees
Industry
NASDAQ

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