Senior Surety Underwriter: Build a Profitable Bond Book

Markel; Lake Oswego (OR); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Health benefits

401(k) with employer match

Paid time off and holidays

Job summary

Markel is seeking a contract bond underwriter to independently underwrite contracts, assess risk, and build a profitable book within a designated territory in the United States—Oregon area.

You will work with agents, aim for budgeted results, and engage in projects that impact the business, while applying knowledge of underwriting and rate manuals to negotiate terms within authority limits.

Qualifications

• Bachelor’s degree preferred.
• 3-5 years in an underwriting capacity.
• Solid understanding of contract and subdivision bond underwriting.
• Ability to write and articulate in a concise and clear manner to convey complex information.
• Underwrites for profitable premium growth.
• Associate learns the nuances of the surety rate manual.
• Under minimal supervision makes quick sound decisions and negotiates terms and conditions within authority limits, standards and submission timeframes.
• Self-sufficient with demonstrated ability to overcome obstacles.
• Takes ownership and responsibility for decisions and outcomes.
• Provides guidance and coaching to others.

Responsibilities

• Assigned larger and more important agents/brokers.
• Consistently achieves budgeted financial results through superior service, account retention and responsiveness to new business submissions.
• Considers different approaches towards risks based upon class of business.
• Participates on projects having an impact on the business.
• Identifies and captures new business opportunities.
• Able to create tactical sales plans; track results and execute necessary corrective action.
• Open to regular visits to agents.

Skills

Underwriting experience

Risk assessment

Communication skills

Negotiation

Market awareness

Education

Bachelor's degree

Job description

Markel is seeking a contract bond underwriter to independently underwrite contracts, assess risk, and build a profitable book within a designated territory in the United States—Oregon area.

You will work with agents, aim for budgeted results, and engage in projects that impact the business, while applying knowledge of underwriting and rate manuals to negotiate terms within authority limits.