Senior Underwriter, Commercial Surety

Ascot Group; Philadelphia (Philadelphia County); On-site; USD 120,000 - 145,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

Health Savings Account

Commuter benefits

401(k) retirement plan

Employee assistance program

Paid holidays

Job summary

Ascot Group is seeking a Senior Underwriter, Commercial Surety in the United States to support underwriting and marketing strategy in an assigned region. The role focuses on disciplined underwriting, achieving regional production targets, and cultivating productive distribution partner relationships.

The candidate will evaluate risks, approve within authority, and contribute to segment strategies while maintaining high standards of documentation and collaboration.

Qualifications

• Bachelor’s degree in Finance, Accounting, or equivalent.
• Excellent communication and organizational skills.
• Ability to work independently and efficiently.
• Proven track record of establishing and developing distribution partner relationships.
• Commit to collaborative culture and customer-focused underwriting.

Responsibilities

• Contribute to production and regional underwriting and distribution strategy.
• Within authority limits, approve, decline, and price risks.
• Support development and execution of segment strategies to meet targets.
• Ensure accurate underwriting information and adhere to documentation standards.
• Develop and leverage productive distribution partner relationships.

Skills

Underwriting

Distribution partnerships

Communication

Organizational skills

Independent work

Education

Bachelor’s degree in Finance, Accounting, or equivalent

Job description

Job Description

This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations. This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations. Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way. The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric. Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world-class service — both pre-and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.

Position Overview

Ascot Surety & Casualty Company is a US Treasury-listed surety carrier. Ascot benefits from a Financial Strength Rating of A issued by A.M. Best.

The Senior Underwriter, Commercial Surety will be responsible for supporting underwriting and marketing strategy in an assigned region. The successful candidate will be responsible for regional production targets, disciplined underwriting, and the development of productive distribution partner relationships.

Responsibilities

• Responsible for meaningful contribution to production, disciplined regional underwriting, and distribution strategy


• Within authority limit, approve, decline, and price of risks


• Assists with the development and execution of segment strategies to contribute to budgeted results


• Accountable for accurate underwriting information and adherence to documentation standards


• Develop and leverage productive distribution partner relationships

Requirements

• Bachelor’s degree in Finance, Accounting, or equivalent


• A minimum of 3 years of experience underwriting, analyzing, and servicing complex commercial surety accounts


• Proven track record of establishing and developing distribution partner relationships


• Excellent communication and organizational skills


• Ability to work independently and efficiently


• Consistently embraces and promotes a culture of collaboration and the ability to effectively manage change


• Demonstrates a strong work ethic, solid business judgment, and a passion for providing outstanding solutions to our business partners


• Commit to The Ascot Way: Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.


• This position may be filled at a different level, depending on experience***

Compensation

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus and other forms of discretionary compensation awarded by the Company. The annualized base pay range for this role is: $120,000 - $145,000

Company Benefits

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&DD, Work/Life Resources (including Employee Assistance Program), and more

Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)

Retirement Benefits: Contributory Savings Plan (401k)