Ascot Group · 14 hours ago
Senior Underwriter, Commercial Surety - Portfolio Management
NEW YORK, NY, United States
Full-time
Hybrid
Mid, Senior Level
$110K/yr - $140K/yr
2+ years expAscot Group is one of the world’s preeminent specialty risk underwriting organizations, seeking a Senior Underwriter for their Commercial Surety Portfolio Management team. The role involves assessing and managing the risk of accounts, underwriting and servicing existing accounts, and contributing to portfolio management projects.
Insurance
Responsibilities
Utilize business acumen to gather and review information on financial conditions, risk exposure, loss history, and economic trends, providing recommendations on annual account renewals
Analyze financial statements, and other relevant documentation to assess applicant's financial strength and stability
Work closely with a team of colleagues and VP, Portfolio Management on data-driven portfolio management projects, contributing to informed decision-making for both field operations and upper management. Apply underwriting guidelines and company policies to make informed decisions on bond approvals, modifications, or rejections occasionally when the field requires additional support
Contribute to process improvements and underwriting policy enhancements to streamline operations and mitigate risk effectively
Stay updated on industry trends, regulations, and market conditions to inform underwriting decisions and strategies
Participate in training and professional development activities to enhance underwriting skills and knowledge
Maintain accountability for accurate underwriting and documentation in the account management system, ensuring adherence to documentation standards
Commit to *The Ascot Way*: As a member of the Surety team embody *The Ascot Way* in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability
Qualification
Required
Bachelor's degree in finance, business administration, or a related field
At least 2-3 years of experience in surety underwriting or a similar role
Strong analytical skills with the ability to interpret financial statements and assess risk
Excellent communication skills, both written and verbal, for effective interaction with stakeholders
Proficiency in using surety applications and MS Office applications
Knowledge of underwriting principles, industry regulations, and market trends
Detail-oriented mindset with the ability to make sound decisions under pressure and work independently
Ability to travel, under 10% for conferences and team meetings
Preferred
Professional certifications such as Associate in Fidelity and Surety Bonding (AFSB) or Chartered Property Casualty Underwriter (CPCU) may be preferred but not always required
Benefits
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more.
Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
Retirement Benefits: Contributory Savings Plan (401k)
Company
Ascot Group
Ascot Group provides underwriting services for the insurance sector.
1001-5000 employees
H1B Sponsorship
Ascot Group has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2023 (1)
2022 (2)
2021 (1)
2020 (1)
Funding
Current Stage
Late StageTotal Funding
$350M2025-05-13Debt Financing· $350M
2024-11-13Private Equity
2016-09-16Acquired
Leadership Team
Jonathan Zaffino
Group Chief Executive Officer and President
Marc Amen
Chief Executive Officer, North America
Recent News
Life Insurance International
2026-01-09
2026-01-07
Life Insurance International
2026-01-06
Company data provided by crunchbase