Contract Surety Underwriter - CorSo

Swiss Re; Boston (MA); Hybrid; USD 156,000 - 234,000; Full time

Job summary

The Hispanic Alliance for Career Enhancement is seeking an experienced underwriter in Boston, MA. The ideal candidate will manage and underwrite contract surety bonds while enhancing agent relations. Applicants should possess at least 3-5 years of contract surety underwriting experience and strong analytical skills.

This role includes a hybrid work model with the expectation of being in the office at least three days a week. The estimated salary range is $156,000 to $234,000.

Qualifications

• Minimum of 3-5 years of contract surety underwriting experience.
• Ability to travel 25%.

Responsibilities

• Underwrite contract surety bonds to determine risk acceptability.
• Manage daily bids and final bond requests.
• Review and approve bonds within the limit of authority.
• Analyze financial statements and perform annual accounting audits.
• Enhance and secure new agency relationships.

Skills

Credit & Surety Underwriting experience

Strong marketing skills

Quantitative and financial analysis

Effective communication skills

Competent computer skills (Excel, Word)

Education

Bachelor's Degree in business, finance or accounting

Job description

Overview

Location: Boston, MA, US; Must have Credit & Surety Underwriting experience. Position location: Woburn, MA or Windsor, CT. We are considering candidates in the NorthEast region.

About The Role

Underwrite contract surety bonds in conformance with Swiss Re Corporate Solutions 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 Swiss Re Corporate Solutions Surety Group 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 Swiss Re Corporate Solutions 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 Swiss Re Corporate Solutions Surety Group regional meetings as required.
• Participate in special projects as delegated by the VP/Branch Manager.

About You

• 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 25%.

Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.

For the Woburn MA or Windsor CT location, the estimated base salary range for the position is $156,000 to $234,000. The specific salary offered for this or any given role takes into account many factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions.

About Swiss Re Corporate Solutions

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.

Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.

We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.

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Keywords: WOBURN MA

Reference Code: 138296

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