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IAT Insurance Group · 1 month ago

Commercial Surety Underwriter

Birmingham, AL

Full-time

Hybrid

Entry, Mid Level

2+ years exp

IAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S. They are seeking a highly skilled Commercial Surety Underwriter to join their team, responsible for financial analysis, bond renewal preparation, and maintaining agency relationships. This role offers professional growth within a dynamic and supportive environment.

CommercialFinanceFinancial ServicesInsuranceInsurTech

Comp. & Benefits

No H1B

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 canceled

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 the 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

Travel on a limited basis

Perform other duties as needed

Qualification

Surety underwriting experienceQuantitative analysisFinancial analysisMarketing skillsCustomer service orientationMath aptitudeAFSB designationVerbal communicationWritten communicationInterpersonal skillsNegotiating skillsIntegrity

Required

Bachelor's degree in Risk Management, Finance, Mathematics, Business or related with at least 2 years experience in Surety or equivalent

Equivalent is defined as 6 years of relevant Surety underwriting experience

Strong marketing skills and ability to obtain new business and work with clients

Strong competency in quantitative and financial analysis

Requires strong math aptitude, excellent verbal and written communication, interpersonal and negotiating skills

Must be customer service oriented and have the utmost integrity

Ability to travel on a limited basis

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