Jet Insurance Company · 1 day ago
Surety Underwriter
Dallas, TX
Full-time
Onsite
New Grad, Entry LevelJet Insurance Company is seeking an entry-level Surety Underwriter to provide efficient client services and perform underwriting for new inquiries and policy renewals. The role involves assessing risks associated with bond applicants and determining pricing and terms for issuing bonds.
Financial ServicesInsurance
Responsibilities
Application Processing: Receive and underwrite new business applications from clients via phone, website submission, or mail. Ensure all necessary information is provided and accurately recorded in the system
Underwriting analysis and quoting: Review and analyze all incoming bond applications submitted to determine eligibility, based on current Underwriting guidelines. Evaluate the financial strength, creditworthiness, and overall risk profile of applicants
Customer Inquiries: Respond to inquiries from customers regarding the underwriting determinations, premiums, and other related business questions. Provide clear and accurate information to assist customers in making informed decisions
Communication: Collaborate with other business units, including other underwriters from different business units, to gather additional information, clarify application details, and discuss risk assessments. Communicate underwriting decisions and provide explanations to Business Unit Leaders when necessary
Market Research: Capitalize on additional marketing opportunities and industry insight through customer relationships and consistent review of competitor pricing
Claims Intake: Receive and review new surety claims, utilizing written claims SOPs. Gather essential information such as bond details, loss descriptions, and any supporting documents
Maintain accurate business records and documentation of underwriting decisions, including supporting analysis and rationale for out of the box approvals or rejections. Ensure that all necessary paperwork and files are properly organized and maintained
Qualification
Required
Computer Skills: Proficiency in Microsoft and Google applications. Need ability to quickly learn our proprietary software used in our underwriting process
Communication Skills: Underwriters need to effectively communicate their decisions and recommendations to clients via phone, email, and mail. Strong verbal and written communication skills are necessary to convey complex information clearly and professionally
Attention to detail: A high level of accuracy and attention to detail is crucial to identify potential risks and make rapid informed decisions
Adaptability and willingness to learn: The entry level underwriter position exists as stepping stone to future leadership, so an openness to acquire new skills and a willingness to adapt to changing circumstances and responsibilities is essential
Preferred
Education: A bachelor's degree is a plus but not required
Company
Jet Insurance Company
Surety Bonds & Fidelity Bonds
Founded in 2014
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Spencer Siino
Chief Executive Officer
Andrew Fales
Chief Financial Officer
Recent News
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