Senior Bond Underwriter

EMC Insurance; Iowa (LA); Hybrid; USD 93,000 - 141,000; Full time

Benefits offered by this job

401(k) match

Pension plan

Tuition reimbursement

Wellness programs

Volunteer time off

Job summary

EMC Insurance seeks an experienced bond underwriter to manage accounts and grow agency relationships. The role emphasizes strong analytical skills, financial assessment, and proactive service to agents.

Travel to meet agents and clients is required; relocation flexibility may be considered to support growth opportunities within the department.

Qualifications

• Bachelor’s degree in accounting, finance, or business, or related field, or equivalent relevant experience.
• Six years of experience with bond underwriting or related experience.
• AFSB designation preferred.

Responsibilities

• Underwrites accounts within assigned authority and analyzes financial statements.
• Gathers information to decide on bond approvals.
• Maintains current account files and visits accounts as needed.
• Serves as technical expert and trains others on underwriting process.
• Creates and grows agency relationships and markets services.
• Meets with agents, contractors, clients, and project owners.
• Educates agents on bond philosophy and EMC services.
• Plans events to establish new agency relationships and drive growth.
• Identifies opportunities and removes barriers within agency relationships.
• Sets up new account files and conducts agent visits.

Skills

Bond underwriting

Analytical skills

Organization skills

Relationship skills

MS Office

Team player

Education

Bachelor’s degree in accounting/finance/business

AFSB designation preferred

Tools

MS Office

Job description

At EMC, we’re all about working together to make an impact. As part of our team, you’ll have the opportunity to grow, contribute, and gain experience that matters. We strive to be caring leaders, close partners, and responsive experts—always supporting each other to do our best work. Join us, and let’s improve lives together.

Location Requirement

Ideal candidate will be located in Iowa, Nebraska, South Dakota, North Dakota or Minnesota.

Essential Functions

• Underwrites accounts within an assigned underwriting authority level, and services existing bond accounts, including analysis of financial statements, work in progress reports, and overall credit worthiness.
• Gathers necessary information to make a decision on whether to approve or decline a bond request.
• Maintains current account files and visits accounts as needed.
• Serves as a technical expert to other bond underwriters, including assisting with training, on the underwriting process and best practices in marketing to existing and new agencies.
• Creates new and grows existing agency relationships.
• Meets with agents, contractors, clients, prospective and existing project owners, etc.
• Educates agents on the bond philosophy and services EMC provides its customers.
• Markets services to agents.
• Participates in industry functions, meetings, and seminars to network and increase knowledge on surety and fidelity issues.
• Communicates with agents proactively and anticipates agents and insured’s needs.
• Plans and participates in events to establish new agency relationships and drive profitable growth opportunities for the department.
• Identifies opportunities and eliminates potential barriers within agency relationships.
• Underwrites new account submissions within an assigned underwriting authority level.
• Analyzes and evaluates new submissions including financial statements, work in progress reports, and overall credit worthiness.
• Sets up new account files and performs frequent agent and account visits.

Education & Experience

• Bachelor’s degree, preferably in accounting, finance, or business, or related field, or equivalent relevant experience
• Six years of experience with bond underwriting, or related experience
• Associate in Fidelity and Surely Bonding (AFSB) designation preferred

Knowledge, Skills & Abilities

• Excellent bond underwriting knowledge
• Excellent analytical, financial, and problem-solving skills
• Excellent multitasking and organization skills
• Strong human relations skills, including written and verbal communication
• Good keyboarding skills and computer knowledge including knowledge of Microsoft Office Suite
• Ability to work effectively with others, as well as independently

Travel required; a valid driver’s license with an acceptable motor vehicle report per company standards required if driving.

The hiring salary range for this position will vary based on geographic location, falling within either of the following: $92,670 - $128,045 or $102,443 - $140,845 A hiring range represents a subset of the full salary range. The actual salary will depend on several factors, including relevant education, skills, and experience of an applicant, geographic location, and business needs.

For information relating to the benefits EMC Team Members receive as part of a comprehensive rewards package, please visit www.emcins.com/careers.

Our employment practices are in accordance with the laws that prohibit discrimination due to race, color, creed, sex, sexual orientation, gender identity, genetic information, religion, age, national origin or ancestry, physical or mental disability, medical condition, veteran status, active military status, citizenship status, marital status or any other consideration made unlawful by federal, state, or local laws.

All of our locations are tobacco free including in company vehicles.

Why choose to apply for a position at EMC?

We can give you plenty of reasons why EMC is a great place to work:

• More than 105 years of financial strength and stability
• Named a five-star insurance carrier by Insurance Business America
• Two-time recipient of the Best Practices Award of Excellence from the Independent Agents & Brokers of America
• Multiple locations recognized as Top Workplaces based solely on team member feedback
• Corporate culture that engages and empowers team members to achieve their best
• Outstanding benefits with life, medical, dental, vision and prescription drug coverage
• Competitive paid time off plan and a full day of volunteer time off annually
• Financial incentives, including a 401(k) plan match, pension plan, OneEMC bonus plan and recognition and anniversary awards
• Professional development and growth opportunities, including tuition reimbursement
• Wellness initiatives to improve team member well-being and reduce health insurance costs
• Flexibility to dress for your day and opportunities for alternative work arrangements

EMC complies with labor law requirements. View the federal and e-verify labor law posters.

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