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Senior Commercial Surety Underwriter
IAT Insurance GroupUnited StatesRemotefull_timeVerifiedPosted 6 Jan 2025
💰 $120,000/yr($100,000/yr – $120,000/yr)
About the role
IAT Insurance Group is seeking a highly skilled Senior Commercial Surety Underwriter to join our team in Anaheim, California. For the ideal candidate, we are open to remote work from Washington or Oregon, or from our Bellevue location. This position supports our Pacific Northwest book of business and involves occasional travel.
Key responsibilities include collaborating with regional office underwriters, home office personnel, agents, and principals. This role follows a hybrid schedule, reflecting our commitment to ownership, collaboration, and teamwork. You will work from the Anaheim office Monday through Wednesday, with the option to work remotely on Thursday and Friday.
This is an excellent opportunity for professional growth and development within a dynamic and supportive environment.
Responsibilities
- Financial and account analysis of pertinent financial data, authority, and referral requirements for consideration of new, existing and renewal business.
- Requesting and gathering financial information on assigned accounts.
- Bond renewal preparation and determination on whether bonds should be cancelled.
- Maintain Agency relationships and provide exceptional service and support. May have authority to underwrite low value bonds and renewals.
- Provide general direction to the Account Managers for bond processing.
- Provide quality recommendations to Branch and Home Office Reports on assigned accounts and agents.
- Rate and review bonds for premium and classification accuracy.
- Ensure accuracy and completeness of files and verify that all necessary documentation is complete in file.
- Act as the primary service contact and visit agents assigned by the Regional Manager in order to foster and maintain an ongoing relationship.
- Accurately communicate knowledge of assigned accounts to Branch and Home Office personnel via written and verbal means.
- Prioritize workflow to ensure work is done in a timely fashion and all deadlines are met.
- Other job-related duties as required
- Bachelors’ degree in Risk Management, Finance, Mathematics, Business or related with at least 4 years-experience in Commercial Surety Underwriting or equivalent.
- Equivalent is defined as 8 years of relevant Surety underwriting experience.
- Must possess the ability to appropriately apply loss development and advanced loss analysis concepts to achieve optimal pricing of a risk.
- Requires strong math aptitude, excellent verbal and written communication, interpersonal and negotiating skills.
- Must be customer service oriented and have the utmost integrity.
- To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes.
- 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
- 7% 401(k) Company Match and additional Profit Sharing
- Hybrid work environment
- Numerous training and development opportunities to assist you in furthering your career
- Healthcare and Wellness Programs
- Opportunity to earn performance-based bonuses
- College Loan Assistance Support Plan
- Educational Assistance Program
- Mentorship Program
- Dress for Your Day Policy
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