Surety Associate Underwriter (Contract Surety)

National Association of Asian American Professionals, Inc.; Walnut Creek (CA); Hybrid; USD 41,000 - 91,000; Full time

Job summary

An insurance company in Walnut Creek seeks an entry-level Associate Underwriter to join a comprehensive program. This role offers mentorship and exposure to underwriting, with tasks including document assessment and financial analysis. Ideal candidates hold a degree in Finance or Accounting and possess strong communication and leadership skills. The position features a hybrid work environment and competitive benefits.

Benefits

26 PTO Days

7% 401(k) Company Match

Hybrid work environment

Healthcare and Wellness Programs

College Loan Assistance Support Plan

Educational Assistance Program

Mentorship Program

Qualifications

• Must be authorized to work in the United States without visa sponsorship.
• Desire and ability to travel.

Responsibilities

• Assess legal documents including contracts and bond forms.
• Evaluate financial position of firms via financial statements.
• Analyze construction firms' capabilities for project execution.
• Develop business relationships with agency partnerships.
• Interact with Branch Management and Home Office personnel.

Skills

Excellent oral and written communication skills

Leadership

Professionalism

Organization

Time management

Education

Four-year college degree in Finance or Accounting

4 years of applicable insurance industry experience

Job description

Overview

Raise your hand if you're naturally curious and enjoy learning about different industries and how their businesses operate. This Associate Underwriter role is part of our extensive Underwriting Trainee Program, a structured and immersive experience designed to build a strong foundation in the field. Through this program, hires gain exposure to all angles of the underwriting profession and are equipped to apply analytical skills in evaluating business risk from an insurance standpoint.

Building a strong career foundation is imperative to professional growth — that’s why our Associate Underwriter program is designed to provide hires with the skills needed for a rewarding future in Underwriting. Associate Underwriters will be mentored by a designated coach to learn about the company and the role they’ll play in making IAT successful.

Job Description: The Surety Business Unit at IAT Insurance Group has an opening for an Associate Underwriter in our Walnut Creek location starting June 1, 2026. This is a great entry-level career opportunity and/or a position for someone with several years of industry experience who wants to continue to learn and grow in the insurance industry. IAT works on a hybrid schedule, with in-office work Monday through Wednesday and remote options Thursday and Friday.

As a Surety Contract Associate Underwriter, you'll make an impact by:

Responsibilities

• Assessing legal documents including contracts, bond forms, General Agreements of Indemnity and similar documents.
• Evaluating the financial position of firms by analyzing their financial statements, job schedules and credit reports.
• Analyzing a construction firm's management and organizational capabilities to prosecute single projects and overall work program.
• Developing effective business relationships with agency partnerships.
• Closely interacting with Branch Management and Home Office personnel.
• Performing other duties as necessary.

Qualifications

• A four-year college degree majoring in Finance or Accounting or equivalent applicable experience (we will consider May 2026 graduates).
• Equivalent experience defined as 4 years of applicable insurance industry experience.
• The desire and ability to travel.
• Excellent oral and written communication skills as well as demonstrated leadership, professionalism, organization and time management.
• Must be authorized to work in the United States without visa sponsorship by employer, now or in the future.

*Current IAT employees must have been in their role for at least six months and must have received, at a minimum, a “Meets Expectations” during their performance review to be eligible for the program.

Our Culture

IAT is the largest private, family-owned property and casualty insurer in the U.S. Insurance Answers Together is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers. We are committed to an open and supportive culture for all. Our employees propel IAT forward — driving innovation, stable partnerships, and growth, and we continue to build an engaging workplace culture to attract and retain the best talent.

Benefits

• 26 PTO Days (Entry Level) 12 Company Holidays = 38 Paid Days Off.
• 7% 401(k) Company Match and additional Profit Sharing.
• Hybrid work environment.
• Numerous training and development opportunities to assist you in furthering your career.
• Healthcare and Wellness Programs.
• Opportunity to earn performance-based bonuses.
• College Loan Assistance Support Plan.
• Educational Assistance Program.
• Mentorship Program.
• Dress for Your Day Policy.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.

Compensation

Please note, if you live in California, the typical salary range for this role will be $41,470 to $90,270. This range represents the anticipated low and high end of the salary for this position in that location. Actual salary will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role. The total compensation will include a base salary, performance-based bonus opportunities, 401(k) match, profit-sharing opportunities, and more.

To view details of our full benefits, please visit www.iatinsurancegroup.com/careers/benefits.