Surety Bond Underwriter (Contract Surety) - Seattle jobs in United States
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Swiss Re · 2 weeks ago

Surety Bond Underwriter (Contract Surety) - Seattle

Swiss Re is one of the world’s leading providers of reinsurance and insurance-based risk transfer. The Surety Bond Underwriter will underwrite contract surety bonds, manage agent relationships, and ensure compliance with underwriting guidelines.

CRMInformation TechnologyInsuranceRisk ManagementWholesale
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Work & Life Balance

Responsibilities

Underwrite contract surety bonds in conformance with Surety Group underwriting guidelines to determine if they meet risk acceptability standards and the strategy of the company
Responsible for increased premium production achieved by enhancing agent relationships
Authority to approve surety bonds up to an assigned authority level granted by Branch Manager
Responsible for the management of daily bids and final bond requests
Responsible for the review of new contract bonds for completion in accordance with NAS policies
Analyze new account submissions for assigned territory
Approve bonds within the limit of authority for this position
Oversee and manage the fiscal status of accounts
Perform analysis on annual accounting audits and internal financial statements
Review and be familiar with relevant credit information
Maintain current documentation and credit information files in accordance with the Surety Group Procedure Manual for Contract Surety
Enhance existing agency relationships and identify and secure new agents
Schedule regular meetings with established agents
Visit bond accounts as requested by agents and supervisor
Provide quarterly marketing updates to VP/Branch Manager and other reports as requested
Attend Surety Group regional meetings as required
Participate in special projects as delegated by the VP/Branch Manager

Qualification

Contract Surety UnderwritingQuantitative AnalysisFinancial AnalysisMarketing SkillsExcelWordRelationship ManagementEffective Communication

Required

Bachelor's Degree with emphasis in business, preferably finance or accounting, or equivalent work experience
Minimum of 3-5 years of current contract surety underwriting experience
Strong marketing skills and ability to obtain new business and work with contractor clients
Strong competency in quantitative and financial analysis
Effective written and verbal communication skills
Competent computer skills including knowledge of Excel and Word
Ability to travel 20%

Company

Swiss Re

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Swiss Re Group is a wholesale provider of reinsurance, insurance, and other insurance-based forms of risk transfer.

Funding

Current Stage
Public Company
Total Funding
$700M
Key Investors
JP Morgan
2023-03-07Post Ipo Debt· $700M
2018-04-04Post Ipo Equity
2011-05-27IPO

Leadership Team

A
Anthony Russo
VP, Team Lead - ILS Business & Product Management
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Attila Kerényi
Chief Risk Officer and Member of the Executive Committee, P&C Reinsurance
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Company data provided by crunchbase