Experienced Underwriter, Commercial Surety

Berkshire Hathaway Specialty Insurance Company; Harmonville (PA); On-site; USD 120,000 - 200,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision coverage

Life insurance

Retirement 401(k) Plan

Job summary

Berkshire Hathaway Specialty Insurance Company, Plymouth Meeting, PA, is seeking a senior level Commercial Surety Underwriter. This role focuses on underwriting commercial surety accounts, analyzing credit quality, and making sound pricing decisions.

The position emphasizes market development and building broker and customer relationships within the region. Responsibilities include underwriting the commercial surety book, credit analysis, developing the book, establishing broker connections,

Qualifications

• At least 5 years of underwriting experience within the commercial surety space.
• Excellent verbal and written communication skills.
• Experience managing and collaborating with retail brokers.

Responsibilities

• Underwriting of commercial surety book.
• Credit analysis of new business and monitoring of existing book.
• Develop and build the commercial surety book.
• Establish and develop broker and customer relationships.
• RFP, Contract, & Bond Form Review for large projects in the non-contract space.
• Develop marketing plans.
• Ability to travel within territory.

Skills

Commercial underwriting

Underwriting analysis

Credit analysis

Broker relationships

Team collaboration

Verbal and written communication

Education

BS/BA Degree or equivalent experience

Job description

Experienced Underwriter, Commercial Surety

Plymouth Meeting, PA, US

30+ days ago Requisition ID: 2515

Salary Range: $120,000.00 To $200,000.00 Annually

Who are we?

A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway's insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.

We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized. Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?

Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for a senior level Commercial Surety Underwriter. Position will be responsible for regional commercial surety business and ideally positioned in our Houston, Atlanta, or Plymouth Meeting offices, but other locations will be considered.

The senior level Commercial Underwriter will be responsible for the underwriting of accounts including pre-qualifying new business, analyzing credit quality, and utilizing underwriting expertise to make sound decisions regarding terms, conditions, and pricing. This position will be a market-facing representative responsible for the development and growth of the Commercial Surety line of business within the region. The Experienced Underwriter will also be responsible for identifying and developing broker and customer relationships.

Duties & Responsibilities:

• Underwriting of commercial surety book
• Credit analysis of new business and monitoring of existing book
• Develop and build the commercial surety book
• Establish and develop broker and customer relationships
• RFP, Contract, & Bond Form Review for large, sophisticated projects that fill in the non-contract commercial surety space
• Develop marketing plans
• Ability to travel within territory

Qualifications, Skills and Experience:

• At least 5 years of underwriting experience within the commercial surety space
• Ability to work within a team environment
• Excellent verbal and written communication skills
• Experience managing and collaborating with retail brokers
• BS/BA Degree or equivalent experience

BHSI Offers:

• A competitive package and exciting growth opportunities for career-oriented teammates.
• A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and our other stakeholders.
• A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.
• Benefits that support your life and well-being, which include:
• Comprehensive Health, Dental and Vision benefits
• Disability Insurance (both short-term and long-term)
• Life Insurance (for you and your family)
• Accidental Death & Dismemberment Insurance (for you and your family)
• Flexible Spending Accounts
• Health Reimbursement Account
• Employee Assistance Program
• Retirement Savings 401(k) Plan with Company Match
• Generous holiday and Paid Time Off
• Tuition Reimbursement

The base salary range for this position is from $120,000.00 to $200,000.00, along with annual bonus eligibility; a candidate's salary is determined by their relevant skills and experience. We value our teammates - both their capabilities and character - as demonstrated by our amazing culture.

NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization.