Experienced Underwriter, Commercial Surety

Berkshire Hathaway Specialty Insurance

$120K — $200K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 5 years of experience in commercial surety underwriting
  • Strong credit assessment capabilities
  • Excellent negotiation skills
  • Ability to collaborate effectively in team settings
  • Outstanding verbal and written communication abilities
  • Experience with managing retail broker relationships
  • Bachelor's degree or equivalent experience

Responsibilities

  • Underwrite the commercial surety book for the region
  • Conduct credit analysis on new and existing business
  • Expand and develop the commercial surety book
  • Build and nurture broker and customer relationships
  • Review RFPs, contracts, and bond forms for large projects
  • Create marketing plans to drive growth
  • Willingness to travel within designated territory

Benefits

  • Comprehensive Health, Dental and Vision insurance
  • Short-term and long-term Disability Insurance
  • Life Insurance for employees and their families
  • Accidental Death & Dismemberment Insurance for employees and their families
  • Flexible Spending Accounts for medical expenses
  • Health Reimbursement Account for eligible expenses
  • Employee Assistance Program for additional support
  • 401(k) Retirement Savings Plan with company match
  • Generous holiday and Paid Time Off policies
  • Tuition Reimbursement for further education
  • Paid Parental Leave for new parents
Full Job Description
Job Opportunity:

Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for a senior level Commercial Surety Underwriter. Position will be responsible for regional commercial surety business and ideally positioned in our Houston, Atlanta, or Plymouth Meeting offices, but other locations will be considered.

The senior level Commercial Underwriter will be responsible for the underwriting of accounts including pre-qualifying new business, analyzing credit quality, and utilizing underwriting expertise to make sound decisions regarding terms, conditions, and pricing. This position will be a market-facing representative responsible for the development and growth of the Commercial Surety line of business within the region. The Experienced Underwriter will also be responsible for identifying and developing broker and customer relationships.

Duties & Responsibilities:

  • Underwriting of commercial surety book
  • Credit analysis of new business and monitoring of existing book
  • Develop and build the commercial surety book
  • Establish and develop broker and customer relationships
  • RFP, Contract, & Bond Form Review for large, sophisticated projects that fill in the non-contract commercial surety space
  • Develop marketing plans
  • Ability to travel within territory


Qualifications, Skills and Experience:

  • At least 5 years of underwriting experience within the commercial surety space
  • Credit assessment skills
  • Strong negotiation skills
  • Ability to work within a team environment
  • Excellent verbal and written communication skills
  • Experience managing and collaborating with retail brokers
  • BS/BA Degree or equivalent experience


BHSI Offers:

  • A competitive package and exciting growth opportunities for career-oriented teammates.
  • A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and our other stakeholders.
  • A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.
  • Benefits that support your life and well-being, which include:

  • Comprehensive Health, Dental and Vision benefits
  • Disability Insurance (both short-term and long-term)
  • Life Insurance (for you and your family)
  • Accidental Death & Dismemberment Insurance (for you and your family)
  • Flexible Spending Accounts
  • Health Reimbursement Account
  • Employee Assistance Program
  • Retirement Savings 401(k) Plan with Company Match
  • Generous holiday and Paid Time Off
  • Tuition Reimbursement
  • Paid Parental Leave


The base salary range for this position is from $120,000.00 to $200,000.00, along with annual bonus eligibility; a candidate's salary is determined by their relevant skills and experience. We value our teammates - both their capabilities and character - as demonstrated by our amazing culture.

NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization.

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