Underwriter - Surety

Core Specialty Insurance Services, Inc.; Atlanta (GA); On-site; USD 80,000 - 110,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Wellness program

Job summary

Core Specialty Insurance Services, Inc. is seeking a Senior Underwriter based in Atlanta, GA. The role involves evaluating risk in surety bond applications, maintaining relationships with agents and brokers, and keeping abreast of industry regulations.

The ideal candidate has a Bachelor’s degree and over 5 years of relevant experience. Benefits include medical, dental, vision insurance, and a 401(k) plan with a 100% company match.

Qualifications

• 5+ years of extensive experience in surety underwriting or a related field.
• Strong analytical skills with the ability to interpret financial data.
• Knowledge of surety bond principles, including indemnity agreements and bond forms.

Responsibilities

• Review and evaluate surety bond applications/submissions to determine risk levels.
• Collaborate with brokers, agents, and clients for proper bond risk analysis.
• Stay updated on industry trends and regulations.

Skills

Decision-making

Attention to detail

Analytical skills

Effective communication

Proficiency in underwriting software

Education

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

Tools

Underwriting software

Job description

Overview

A Senior Underwriter is responsible for assessing and managing risk associated with surety bond applications. The role includes evaluating the financial strength and credibility of applicants, analyzing terms, and making decisions to protect the surety company's interests while maintaining profitability. The underwriter also maintains relationships with key agents and brokers.

Locations considered: Southern Ohio, Kentucky, Tennessee, North or South Carolina, Louisiana, Georgia, Alabama.

Key Accountabilities and Deliverables

• 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 stability of applicants.
• Collaborate with brokers, agents, and clients to gather necessary information for proper bond risk analysis.
• 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.
• Complete other projects and tasks as assigned.

Technical Knowledge and Understanding

• Excellent decision‑making abilities and attention to detail.
• Proficiency in underwriting software and tools.
• Effective communication skills, both verbal and written.
• Ability to manage multiple projects and prioritize tasks effectively.

Experience

• Bachelor’s degree in finance, business, accounting, or a related field is preferred.
• Extensive experience (5+ years) in surety underwriting or a related field.
• Strong analytical skills with the ability to interpret financial data.
• Knowledge of surety bond principles, including indemnity agreements and bond forms.

Other Requirements

• Travel of 10–20% required.
• Applicants must be authorized to work for any employer in the U.S. and cannot be sponsored for an employment visa.

Benefits

Competitive salary and opportunities for professional development and advancement. Benefits include medical, dental, vision, and life insurances; short‑ and long‑term disability; a 100% company match of a 6% contribution 401(k) plan; Employee Assistance Plan; Health Savings Account; Flexible Spending Account; Health Reimbursement Account; and a wellness program.