Senior Commercial Surety Underwriter

Berkshire Hathaway Specialty Insurance

$130K — $180K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in commercial surety underwriting
  • Proficient in credit assessment
  • Strong negotiation skills
  • Ability to thrive in a team-oriented environment
  • Excellent verbal and written communication abilities
  • Experience in managing retail broker relationships
  • BS/BA Degree or equivalent experience

Responsibilities

  • Underwrite commercial surety accounts
  • Analyze credit quality of new and existing business
  • Develop and grow the commercial surety portfolio
  • Cultivate relationships with brokers and customers
  • Review RFPs, contracts, and bond forms for complex projects
  • Create and implement marketing strategies
  • Travel within assigned territory as required

Benefits

  • Comprehensive health, dental, and vision insurance
  • Short-term and long-term disability insurance
  • Life insurance for you and your family
  • Accidental death and dismemberment insurance
  • Flexible spending accounts
  • Health reimbursement account
  • Employee assistance programs
  • 401(k) plan with company match
  • Generous paid time off and holidays
  • Tuition reimbursement
  • Paid parental leave
Full Job Description
Job Opportunity:

Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for a Senior Underwriter for Commercial Surety. 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 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. Senior 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 & 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 in Houston is $130,000 to $180,000, along with annual bonus eligibility. Total compensation for a candidate is determined by their relevant skills, location, 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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