Remote AVP, Surety Underwriter – Contract Bonds

Sompo International; United States; Remote; USD 120,000 - 190,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

401(k) retirement plan

Paid time off

Job summary

Sompo International is seeking an Assistant Vice President - Underwriter for the Contract Surety team. The role will be remote in Minnesota with travel to markets and a focus on risk assessment, pricing, and portfolio management across the territory.

The ideal candidate has 7+ years of Surety underwriting experience, strong financial analysis, and the ability to develop distributor plans and grow a profitable book of business.

Qualifications

• Bachelor’s degree and AFSB designation preferred.
• Minimum 7+ years of Surety underwriting experience required.
• Advanced expertise in Surety underwriting, including techniques, regulations, guidelines, coverages, and underwriting tools.
• Strong financial, credit analysis, and business development skills, with the ability to grow a profitable book, identify customer needs, and close deals.

Responsibilities

• Review submissions and financial requirements to assess risk acceptability per guidelines.
• Evaluate applicants’ financial stability, creditworthiness, capacity, and related financial info.
• Apply pricing components and models to price risk and minimize exposure.
• Prepare and analyze underwriting decisions, rate appeals, and status updates for the territory.
• Manage the assigned portfolio to achieve premium, profitability, and growth goals.
• Build and manage producer and client relationships to drive profitable growth.

Skills

Underwriting excellence

Financial analysis

Credit assessment

Relationship building

Education

Bachelor’s degree

AFSB designation

Tools

Underwriting tools

Job description

Sompo International is seeking an Assistant Vice President - Underwriter for the Contract Surety team. The role will be remote in Minnesota with travel to markets and a focus on risk assessment, pricing, and portfolio management across the territory.

The ideal candidate has 7+ years of Surety underwriting experience, strong financial analysis, and the ability to develop distributor plans and grow a profitable book of business.