Surety Home Office Underwriter (Remote)

Main Street America; Eden Prairie (MN); Remote; USD 128,000 - 216,000; Full time

Job summary

An insurance company located in Eden Prairie is seeking a Surety Underwriter to manage high-quality surety portfolios and underwrite individual accounts. The role requires strong communication and underwriting experience, with a compensation range of $128,000 to $216,000 annually. This is a remote position, with occasional office visits for team engagements.

Benefits

Comprehensive medical, dental, and vision benefits

401(k) contribution

Pension plan

Paid time off (23 days annually)

Student loan repayment program

Paid family leave

Qualifications

• Progressive experience in surety underwriting with risk selection capabilities.
• Solid understanding of processing methods and insurance regulations.
• Demonstrated communication skills in verbal and written formats.

Responsibilities

• Underwrite individual accounts for commercial surety bonds.
• Provide technical support to the field organization.
• Contribute to bond product and systems development.

Skills

Customer-driven solutions

Surety underwriting

Credit analysis

Insurance underwriting knowledge

Relationship building

Effective communication

Job description

Overview

Underwrites individual accounts and manages high quality surety portfolios. You will report to the Director, Bonds Underwriting. Join us today!

Note: The original description contains language that will be refined for formatting compliance. The substantive terms and requirements are preserved below.

Compensation

Position Compensation Range:

$128,000.00 - $216,000.00

Pay Rate Type:

Salary

Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.

Primary Accountabilities

• You will be responsible for profitability of contract and commercial surety bonds.
• Underwrite individual accounts and manage high quality surety portfolios.
• Provide technical support to the field organization.
• Contribute to bond product and systems development.
• Participate in the audit process to ensure expected underwriting discipline is maintained.
• Contribute to the effectiveness of the bonds organization to increase profitable growth and maintain a loss ratio.

Specialized Knowledge & Skills Requirements

• Demonstrated experience providing customer-driven solutions or service.
• Demonstrated progressive experience in surety underwriting and ability to select risk.
• Demonstrated experience in credit analysis.
• Solid knowledge of processing methods and workflow procedures, and knowledge of insurance underwriting and regulations.
• Knowledge of lines of business and legal and regulatory guidelines.
• Demonstrated experience in relationship building, active listening, needs analysis, and win-win negotiating.
• Demonstrated communication skills in both written and oral communications.

Licenses

• Not applicable.

Travel Requirements

• Up to 25%.

Physical Requirements

• Work that involves sitting/standing.

Working Conditions

• Not applicable.

Additional Information

• Offer to selected candidate will be made contingent on the results of applicable background checks.
• Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions.
• Sponsorship will not be considered for this position unless specified in the posting.
• Our policy restricts consideration of applicants needing employment sponsorship (visa) to specialty occupations. Sponsorship will not be considered for this position.
• Internal candidates are encouraged to apply regardless of location and will be considered based upon the needs of the role.
• Relocation assistance may be available.

In this remote/primarily home-based role, you will spend 80% of your time (4+ days per week) working from home. On occasion you may be asked to travel to an office location for in person engagement activities such as team meetings, trainings, and culture events.

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Benefits and Equal Opportunity

We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees. Interns and contingent workers are not eligible for American Family Insurance Group benefits.

We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

American Family Insurance is committed to the full inclusion of all qualified individuals. If a reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please email [e-mail] to request a reasonable accommodation.

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