Underwriter - Surety

Kalepa Insurance Services, LLC; Atlanta (GA); On-site; USD 110,000 - 160,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

401(k) plan with company match

Employee Assistance Plan

Wellness program

Health Savings Account

Wellness program

Job summary

A leading insurance firm seeks a Sr. Underwriter - Surety to evaluate and manage risk for surety bond applications. The candidate will review applications, analyze financial data, and collaborate with brokers. The position necessitates a bachelor's degree and extensive experience in surety underwriting. We offer competitive salaries, professional development, and comprehensive benefits, including health insurance and a 401(k) plan.

Qualifications

• 5+ years of experience in surety underwriting or related field.
• Knowledge of surety bond principles, including indemnity agreements and bond forms.
• Ability to manage multiple projects and prioritize tasks effectively.
• Knowledge of indemnity agreements and bond forms.

Responsibilities

• Review and evaluate surety bond applications/submissions to determine risk levels.
• Collaborate with brokers, agents, and clients to gather necessary information.
• Provide guidance and support to junior underwriters.
• Develop and maintain relationships with brokers, agents, and industry professionals.
• Provide guidance 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 platform.
• Travel 10-20% as required.

Skills

Excellent decision-making abilities

Attention to detail

Proficiency in underwriting software

Effective communication skills

Strong analytical skills

Education

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

Tools

Underwriting software

Job description

Sr. Underwriter - Surety page is loaded## Sr. Underwriter - Suretylocations: GA Atlanta: KY Remotetime type: Full timeposted on: Posted Todayjob requisition id: JR101322-A Senior underwriter is responsible for assessing and managing risk associated with surety bond applications. A Senior Underwriter evaluates the financial strength and credibility of applicants, analyzes terms, and makes informed decisions to protect the interests of the surety company while maintaining profitability. A Senior underwriter will also be responsible for maintaining relationships with key agents and brokers. Willing to consider candidates located in Southern Ohio, Kentucky, Tennessee, North or South Carolina, Louisiana, Georgia, Alabama.**Key Accountabilities/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 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.* Coordination 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.**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 related field is preferred.* Extensive experience (5+ years) 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 of 10 - 20% required.Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this position. #LI-Remote-At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness programlocations: 2 Locationstime type: Full timeposted on: Posted 30+ Days AgoCore Specialty offers a diversified range of property and casualty insurance products for small to mid-sized businesses. From underwriting offices spanning the U.S., the Company focuses on niche markets, local distribution, and superior underwriting knowledge, offering traditional as well as innovative insurance solutions to meet the needs of its customers and brokers. For further information about Core Specialty, please visit .