Westfield Insurance ยท 1 week ago
Surety Senior Account Underwriter
Detroit, MI
Full-time
Hybrid
Mid, Senior Level
3+ years expWestfield Insurance is a global leader in property and casualty insurance, delivering innovative solutions to customers. The Surety Senior Account Underwriter is responsible for marketing, underwriting, processing, and servicing surety business within a defined territory, while also serving as a subject matter expert and providing training to less experienced personnel.
Insurance
Responsibilities
Handles the responsibility for marketing, underwriting, processing, and servicing surety business within a defined territory
Provides guidance on the underwriting process while collecting all necessary information for new and existing bond contracts, contacting the client or broker if necessary and drawing up a legal and financial analysis of the file to deciding on this proposition or submitting it to the competent decision level
Makes timely and competent decisions on acceptance or declination of bonds within established authority
Submits/makes recommendations for approval of assigned risks more than authority
Visits agencies or service offices to develop and underwrite profitable business or assist in resolving problems
Communicates effectively and builds relationships with agents, agency clients, other Service Office and Home Office personnel on all business-related situations
Provides technical assistance to leader on selected accounts, including financial analysis, conducting inquiries and verifications, transmittal of information, and requests for approval
Assists in training activities related to underwriting, marketing, and processing surety business for less experienced bond personnel
Meets or exceeds goals and standards by ensuring accuracy, completeness, and procedural consistency of assigned files and the operation of reporting, processing and filing systems for all bonds produced by assigned agents or service offices
Works closely with Surety Lead Account Managers and continue skill development, implements best practices, and makes decisions regarding underwriting, processing and service
Develops knowledge of local markets and creates and increases business contacts/ network in assigned market area
Travels as often as needed including regular utilization of assigned fleet vehicle in order to cover assigned territory
This may involve traveling on short notice or other daily driving duties as assigned
Qualification
Required
3+ years of surety experience
Bachelor's degree in related field and/or commensurate work experience
Valid driver's license and a driving record that conforms to company standards
Company
Westfield Insurance
Founded in 1848, Westfield is a global leader in property and casualty insurance, delivering superior risk insights and innovative solutions to customers through a diverse portfolio of insurance products.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Joe Kohmann
Chief Financial Officer & Treasurer
Amy Larsh
Executive Assistant to the President, CEO & Board Chair
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