Senior Underwriter, Contract Surety

Ascot Group

$120K — $145K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, or equivalent
  • Minimum 3 years of experience in underwriting complex contract surety accounts
  • Demonstrated success in developing distribution partner relationships
  • Strong communication and organizational skills
  • Ability to work independently and manage change effectively
  • Commitment to collaboration and colleague development
  • Solid business judgment and strong work ethic

Responsibilities

  • Contribute meaningfully to production and underwriting strategy
  • Approve, decline, and price risks within authority limit
  • Assist in developing segment strategies to meet budgeted results
  • Ensure accurate underwriting information and documentation compliance
  • Build and maintain productive partnerships with distribution partners
  • Embody organizational values in daily interactions
  • Foster engagement and collaboration among colleagues

Benefits

  • Comprehensive health insurance with prescription coverage
  • Dental and vision insurance included
  • Flexible spending accounts for healthcare and dependent care
  • Life insurance and AD&D coverage
  • Generous paid time off and holiday leave
  • Short-term and long-term disability insurance
  • 401(k) retirement savings plan with contributions
Full Job Description
Job Description

Position Overview:

Ascot Surety & Casualty Company is a US Treasury-listed surety carrier. Ascot benefits from a Financial Strength Rating of A issued by A.M. Best.

The Senior Underwriter, Contract Surety will be responsible for supporting underwriting and marketing strategy in an assigned region. The successful candidate will be responsible for regional production targets, disciplined underwriting, and the development of productive distribution partner relationships. The successful candidate will work closely with brokers, clients, and internal teams to implement tailored solutions and drive business growth in the contract surety sector.

Responsibilities:
  • Responsible for meaningful contribution to production, disciplined regional underwriting, and distribution strategy
  • Within authority limit, approve, decline, and price of risks
  • Assists with the development and execution of segment strategies to contribute to budgeted results
  • Accountable for accurate underwriting information and adherence to documentation standards
  • Develop and leverage productive distribution partner relationships
  • Commit to The Ascot Way: Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.


Requirements:
  • Bachelor's degree in Finance, Accounting, or equivalent
  • A minimum of 3 years of experience underwriting, analyzing, and servicing complex contract surety accounts
  • Proven track record of establishing and developing distribution partner relationships
  • Excellent communication and organizational skills
  • Ability to work independently and efficiently
  • Consistently embraces and promotes a culture of collaboration and the ability to effectively manage change
  • Demonstrates a strong work ethic, solid business judgment, and a passion for providing outstanding solutions to our business partners


***This position may be filled at a different level, depending on experience***

Compensation

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot's total compensation package for employees. Other rewards may include annual cash bonus and other forms of discretionary compensation awarded by the Company. The annualized base pay range for this role is: $120,000 - $145,000

Company Benefits

The Company provides a competitive benefits package that includes the following (eligibility requirements apply):

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more

Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)

Retirement Benefits: Contributory Savings Plan (401k)

#L1Hybrid

Similar Jobs

More Jobs at Ascot Group

More Finance & Insurance Jobs

Find similar Senior Underwriter, Contract Surety jobs: