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UFG Insurance · 2 weeks ago

Sr Surety Underwriter

Texas, United States

Full-time

Hybrid

Senior Level

$103K/yr - $136K/yr

5+ years exp

UFG Insurance is seeking a Sr. Surety Underwriter to build and maintain a profitable mix of new and existing surety business by developing strong relationships with the agency force. The role involves independently underwriting complex submissions, assessing risks, and overseeing a book of contract surety business within a defined territory.

Financial ServicesInsurance

Responsibilities

Demonstrate successful growth of business independently and responsibly utilize the higher authority granted

Underwrite more complex submissions independently

Independently underwrite new submissions and existing accounts with the assistance from mentors. Evaluate and assess financial status, credit standing, and organization profile to analyze and determine acceptability of the risk within framework of UFG underwriting policies and procedures

Develop and maintain strong relationships with agents/brokers

Oversee a book of contract surety business within defined territory. Meet production, marketing, and profitability goals and develop marketing plan using the territory management tool

Upload and update file information electronically and purge obsolete data per department guidelines

Handles all confidential information with discretion

Provide high quality customer service in all interactions with internal and external customers

Request underwriting information from agencies. Review and process information received

Perform annual review of accounts including financial analysis, obtaining current bank line of credit letters, preparing profiles, and recommendation of line of authority

Instruct, assign, and review work completed by support staff

Create record of communications concerning activities per department standards

Provide training, direction, and assistance to underwriters, associate underwriters, and underwriter trainees

Stay current on industry information regarding trends, competition, pertinent laws and legal occurrences, etc., and share the information with the department