Senior Surety Bond Underwriter—Risk & Agent Relations

Core Specialty Insurance Holdings, Inc.

South Dakota

On-site

USD 70,000 - 110,000

Full time

7 hours ago
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Benefits offered by this job

Medical insurance
Dental insurance
Vision insurance
Life insurance
Disability insurance
401(k) with company match
Employee Assistance Plan
Health Savings Account

Job summary

Core Specialty Insurance Holdings, Inc. seeks a skilled underwriter to assess and manage risk for surety bond applications. You will evaluate applicants' financial strength, analyze terms, and decide on underwriting terms to protect profitability. You will also build and maintain relationships with key agents and brokers.

Ideal candidates have 3+ years in surety underwriting, strong financial analysis, and knowledge of indemnity agreements. Travel 10–20% is required.

Qualifications

  • Bachelor’s degree in finance, business, accounting, or related field is preferred.
  • 3+ years experience in surety underwriting or related field.
  • Strong analytical skills with the ability to interpret financial data.
  • Knowledge of surety bond principles, including indemnity agreements and bond forms.
  • Travel 10 - 20% required.

Responsibilities

  • Review and evaluate surety bond applications/submissions to determine risk levels and underwriting terms.
  • Analyze financial statements, credit reports, and other relevant documents to assess the financial stability of applicants.
  • Collaborate with brokers, agents, and clients to gather necessary information required for proper analysis of bond risks.
  • Develop and maintain relationships with brokers, agents, and industry professionals.
  • Provide guidance and support to junior underwriters or team members.
  • Stay updated on industry trends, regulations, underwriting practices, and competitors.
  • Coordinate with Automation Team to implement bond types/risks in the surety bond platform.
  • Stay abreast of obligee requirements and statutory changes.
  • Other projects and tasks as assigned.

Skills

Risk assessment
Decision making
Communication

Education

Bachelor's degree in finance, business, accounting, or related field

Tools

Underwriting software

Job description

Core Specialty Insurance Holdings, Inc. seeks a skilled underwriter to assess and manage risk for surety bond applications. You will evaluate applicants' financial strength, analyze terms, and decide on underwriting terms to protect profitability. You will also build and maintain relationships with key agents and brokers.

Ideal candidates have 3+ years in surety underwriting, strong financial analysis, and knowledge of indemnity agreements. Travel 10–20% is required.

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