Senior Contract Bond Underwriter: Growth & Relationship Lead

Tokio Marine HCC – A&H Group; Cockeysville (MD); On-site; USD 93,000 - 140,000; Full time

Job summary

Tokio Marine HCC – Surety Group in Hunt Valley, MD is seeking a Senior Contract Bond Underwriter to review applications, assess risks, and determine pricing and coverage. You will build agency and broker relationships and exercise expanded underwriting authority with significant business development responsibilities.

The role requires a minimum 4-year degree and 5 years of progressive Surety Bond Underwriting experience, plus strong communication and analytical abilities.

Qualifications

• Minimum 4 Year / Bachelor’s degree in business administration, accounting, finance, a related field, or the equivalent education and/or experience.
• 5 Years Relevant and progressive Surety Bond Underwriting experience that includes a strong working knowledge of state laws and operating procedures.
• Solid written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy.
• Advanced organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously.
• Knowledgeable of industry changes, legal updates, and technical developments related to applicable area of the Company's business to proactively respond to changing business environment.
• Intermediate proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word)

Responsibilities

• Review contract bond applications to evaluate, classify, and rate each risk to determine acceptability and rating.
• Perform analysis of applicant's financial statements, collateral, and related due diligence.
• Prepare bond execution and Financial Adjustment Notices (FAN) reports.
• Approve within given authority or recommend approval or denial of bonds to higher authority within field or home office.
• Draft and issue surety bonds according to established guidelines.
• Resolve legal, accounting and collateral issues related to bond submissions with internal clients.
• Cultivate relationships with internal and external contacts to facilitate the underwriting process, promote business development, and to remain abreast of industry trends

Skills

Analytical skills

Communication

Confidentiality

Education

Bachelor’s degree in business administration, accounting, finance, related field

Tools

Microsoft Office

Job description

Tokio Marine HCC – Surety Group in Hunt Valley, MD is seeking a Senior Contract Bond Underwriter to review applications, assess risks, and determine pricing and coverage. You will build agency and broker relationships and exercise expanded underwriting authority with significant business development responsibilities.

The role requires a minimum 4-year degree and 5 years of progressive Surety Bond Underwriting experience, plus strong communication and analytical abilities.