Senior Underwriter - Contract Surety Northern CA

Crum & Forster

$105K — $155K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 6+ years of contract surety experience required
  • Bachelor’s degree in Business, Finance, Accounting, or related field
  • Strong communication skills for customer relationship building
  • Sales mindset for pipeline development and new business goals
  • Excellent interpersonal and presentation skills
  • Analytical thinking for problem-solving and recommendations
  • High energy self-starter with an entrepreneurial spirit
  • Solid time and organizational management skills
  • Goal-oriented with a focus on delivering results
  • Proficient in Microsoft Office and adaptable to new applications
  • Valid driver’s license and willingness to travel

Responsibilities

  • Underwrite Contract Surety products to meet business goals
  • Analyze submissions and assess risk quality
  • Apply underwriting and insurance law guidelines
  • Make recommendations for risks exceeding authority
  • Manage accounts using underwriting systems
  • Prepare internal and external communications on underwriting
  • Develop relationships with brokers to grow a profitable book of business
  • Engage with producers to retain accounts and explore new opportunities

Benefits

  • Flexible work arrangements
  • Generous 401K employer match
  • Employee Stock Purchase plan with employer matching
  • Generous Paid Time Off
  • Comprehensive health, dental, and vision benefits
  • Wellness programs for physical and mental health
  • Tuition reimbursement and professional training opportunities
  • Dynamic and engaging work environment
  • Support for social responsibility initiatives, including donation matching and volunteer opportunities
Full Job Description

Our Surety Division is a top 10 underwriter of surety bonds in the U.S., focused on delivering specialized bond solutions for commercial obligations and construction risks. Surety brings deep expertise to each of the specialized markets it serves. Our products include Commercial Surety, Contract Surety, and Bail Bond insurance. We have offices nationwide and we are dedicated to providing superior local relationships, expertise, and service. 

 

 

Senior Underwriter - Contract Surety - Northern CA (San Francisco area) remote

 

A Senior Underwriter is accountable for Contract Surety product underwriting that contributes to the achievement of the Contract Surety business plan in the assigned territory including new business, renewal retention, pricing and profitability. This role reports directly to the Regional UW Director and will partner with the Regional UW Director to foster agency/broker relationships and develop a profitable book of business.

 

Essential Job Functions and Responsibilities

 

  • Responsible for risk selection/rejection, pricing, retention, growth, and profitability within scope of authority and per divisional objectives.
  • Receives and analyzes submissions, assesses risk quality and determines terms in accordance with company guidelines.
  • Applies underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.
  • Makes recommendations on risks over authority.
  • Enters, maintains and monitors accounts using underwriting, analysis, and desktop systems
  • Use independent judgment and initiative to support business goals.
  • Prepares effective internal and external communications on underwriting issues.
  • Develops a book of contract surety business with select brokers/agents and maintains effective business relationships with external customers to attract and retain profitable business.
  • Visits producers and principals to retain existing accounts, survey exposures, build and maintain business relationships, and develop new opportunities in support of divisional objectives.

 

Job Requirements

 

  • 6+ years of contract surety experience is required.
  • Bachelor’s degree or equivalent is required, preferably in Business, Finance, Accounting or a related field.
  • Must have strong communication skills to build and leverage excellent customer relationships and to successfully market products.
  • Sales mindset for creating and following through on pipeline opportunities that contribute to new business goals and budget objectives.
  • Excellent communication, interpersonal and presentation skills.
  • An ability to think analytically about business problems, make recommendations and propose solutions.
  • A high energy, self-starter, who is resilient and has an entrepreneurial spirit.
  • Demonstrates solid time, organizational, and desk management skills.
  • Goal-oriented mind set and delivers on goals and objectives.
  • Microsoft Office experience and the ability to learn new applications are a must.
  • Travel and valid driver's license are required.
What C&F will bring to you

At C&F you will BELONG

 

  • Flexible work arrangements.
  • Competitive compensation package.  
  • Generous 401K employer match.
  • Employee Stock Purchase plan with employer matching.
  • Generous Paid Time Off.
  • Excellent benefits that go beyond health, dental & vision. Our Wellness programs focus on your family’s complete wellness, including your physical and mental wellbeing
  • A core C&F principle is that you manage your career. To support your development, we have a wealth of ways for you to keep learning, including tuition reimbursement, industry related certifications and professional training available to you.
  • A dynamic, ambitious, fun and exciting work environment.
  • A spirit of social responsibility, matching donation program, volunteer opportunities, and an employee driven corporate giving.

 

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