Surety Senior Associate Underwriter (Career Transition Opportunity)

IAT Insurance Group; Wayne (PA); Hybrid; USD 60,000 - 85,000; Full time

Job summary

IAT Insurance Group in Wayne, Pennsylvania, offers a Surety Senior Associate Underwriter Career Transition Program for professionals from banking, mortgage lending, or finance to learn surety underwriting.

This hybrid role combines mentorship, structured training, and real-world exposure to bond contracts, financial statements, and client relationships, preparing you for long-term success in the surety field.

Qualifications

• A four-year college degree with 1-3 years of relevant experience in the financial sector or equivalent applicable experience.
• Must be able to understand and analyze financial statements.
• The desire and ability to travel.
• Excellent oral and written communication skills and demonstrated professionalism.

Responsibilities

• Assess legal documents including contracts and bond forms.
• Evaluate firms' financial position by analyzing financial statements, job schedules and credit reports.
• Analyze construction firms' management and organizational capabilities for projects and programs.
• Develop relationships with agency partnerships.
• Interact with Branch Management and Home Office personnel.
• Perform other duties as necessary.

Skills

Financial statement analysis

Communication skills

Leadership

Travel willingness

Education

Bachelor's degree

Job description

Are you ready to pivot your career and explore a dynamic, rewarding path in the world of surety? Our Surety Senior Associate Underwriter Program is designed for individuals from diverse professional backgrounds who are eager to learn, grow, and make a meaningful impact in the financial and construction industries. Whether you're coming from banking, mortgage lending, finance, or another relevant field, this program offers a structured, hands-on learning experience that equips you with the knowledge and skills needed to thrive in surety underwriting.

IAT Insurance Group has an opening for a Surety Senior Associate Underwriter in our Wayne, Pennsylvania location that will be a part of our Career Transition Program. This position works on a hybrid schedule, working Monday through Wednesday with the option of working remotely Thursday and Friday.

As a Surety Senior Associate Underwriter, you'll be immersed in a collaborative environment where mentorship, training, and real-world exposure come together to build a strong foundation for long-term success. If you're curious, analytical, and ready to take on a new challenge, this could be the perfect next step in your career journey.

Upon completion of the training program the candidate will be prepared to:

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

Qualifications:

• A four-year college degree with 1-3 years of relevant experience in the financial sector or equivalent applicable experience.
• Must have the ability to understand and analyze financial statements
• 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.

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.