Senior Commercial Surety Underwriter

Great American Insurance Group; Philadelphia (Philadelphia County); Hybrid; USD 125,000 - 175,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

401(k) with company match

Commuter benefits

Job summary

Great American Insurance Group is seeking a Commercial Surety Underwriter to manage risk, pricing and profitability for its branch offices. The role supports a hybrid work model with opportunities across multiple U.S. cities including Chicago, Cincinnati, Charlotte, Philadelphia, Dallas, or Los Angeles.

It requires 5+ years in underwriting and a finance/Accounting background. Primary duties include analyzing financial reports, maintaining client relationships, and guiding team performance while

Qualifications

• Education: Bachelor’s Degree or equivalent experience.
• Field of Study: Finance, Accounting or a related discipline
• Experience: 5+ years in related underwriting; certifications like AFSB, CPA or RPLU encouraged

Responsibilities

• Analyze business reports in underwriting processes (credit checks, bank agreements, financial statements).
• Manage risk selection, pricing, retention, growth, and profitability for their branch.
• Assess risk quality per guidelines and review underwriting of others.
• Recommend extensions of surety credit incl. terms/conditions.
• Develop and maintain strategic relationships with stakeholders.
• Communicate effectively and stay highly organized.
• Deliver exceptional customer service and make timely, informed decisions.
• Coach and develop team and hold members accountable for objectives.

Skills

Financial analysis

Underwriting knowledge

Communication skills

Leadership

Customer service

Decision making

Education

Bachelor's degree in Finance/Accounting

Job description

Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.

At Great American, we value and recognize the benefits derived when people with different backgrounds and experiences work together to achieve business results. Our goal is to create a workplace where all employees feel included, empowered, and enabled to perform at their best.

This position is not eligible for employment visa sponsorship. Applicants must be authorized to work in the United States without the need for current or future sponsorship.

Great American has been providing surety bonds since 1926. We are known for expert underwriting, solid financial strength, market leadership and creative solutions to bonding needs. We are one of the top surety companies in the United States.

Bonds - Great American Insurance Group

We have an opportunity for a Commercial Surety Underwriter. The candidate ideally will be in Chicago (Schamburg), Illinois or Cincinnati, Ohio but are open to candidates located in Charlotte, NC, Philadelphia, PA, Dallas (Richardson), TX, or Los Angeles (Orange), CA. The position can be hybrid, involving in-office work three days a week, and traveling within the assigned territory.

Essential Job Functions And Responsibilities

• Understand and analyze business reports needed in the underwriting processes, including credit checks, bank agreements, and financial statements.
• Responsible for all risk selection/rejection, pricing, retention, growth, and profitability for their branch office.
• Assess risk quality in compliance with company guidelines.
• Review the underwriting of others and make recommendations for extending surety credit including the terms and conditions.
• Develop and maintain strategic relationships with internal and external stakeholders.
• Communicate effectively.
• Must be highly organized to handle a variety of responsibilities.
• Deliver exceptional customer service.
• Make timely, informed decisions.
• Operate with integrity and honesty.
• Hold self and team accountable for achieving established objectives.
• Use independent judgment and initiative to support business goals.
• Coach and develop team.

Job Requirements

• Education: Bachelor’s Degree or equivalent experience.
• Field of Study: Finance, Accounting or a related discipline
• Experience: Generally, 5+ years of related experience. Progression toward certification in area of expertise preferred; appropriate certifications could include Associate in Surety and Fidelity Bonding (AFSB), Certified Public Accountant (CPA) and/or Registered Professional Liability Underwriter (RPLU).

Business Unit

Bond

Salary Range

$125,000.00 -$175,000.00

Benefits

We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.

Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at http://www.gaig.com/careers.

• Excludes seasonal employees and interns.