Senior AVP, Surety Underwriter & Growth Leader

Sompo; Wisconsin; On-site; USD 130,000 - 180,000; Full time

Benefits offered by this job

Medical plans

401(k) plan

Paid time off

Tuition Reimbursement

Job summary

Sompo is seeking an Assistant Vice President - Underwriter for Contract Surety on a nationwide team. The role is remote based in Minnesota with travel to territory.

You’ll assess risk, price, and manage a portfolio while developing producer and client relationships to drive profitable growth. Ideal candidates have a Bachelor’s degree, AFSB designation, and 7+ years in Surety underwriting, with strong financial and business development skills.

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 in line with underwriting guidelines and standards.
• Evaluate applicants’ financial stability, creditworthiness, capacity, and related financial information to determine bond obligation risk and overall credit quality.
• Apply pricing components, rating methodologies, predictive modeling tools, and underwriting disciplines to price risk appropriately and minimize exposure.
• Prepare and analyze underwriting decisions, rate appeals, requirements, status updates, and declinations to support results across the assigned territory.
• Manage the assigned portfolio to achieve goals for premium, profitability, retention, product mix, new business, and overall portfolio performance.
• Build and manage producer and client relationships by prioritizing resources, developing distributor plans, strengthening pipeline opportunities, and driving profitable growth.

Skills

Surety underwriting

Financial analysis

Business development

Education

Bachelor’s degree

AFSB designation

Job description

Sompo is seeking an Assistant Vice President - Underwriter for Contract Surety on a nationwide team. The role is remote based in Minnesota with travel to territory.

You’ll assess risk, price, and manage a portfolio while developing producer and client relationships to drive profitable growth. Ideal candidates have a Bachelor’s degree, AFSB designation, and 7+ years in Surety underwriting, with strong financial and business development skills.