Surety Territory Underwriter

Builders; Atlanta (GA); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Competitive Salary

Bonus Structure

Medical, Dental, Vision Insurance

401K with Company Match

PTO

Job summary

A leading insurance provider is seeking a Surety Territory Underwriter. The successful candidate will be responsible for evaluating, selecting, and pricing surety bond risks while managing a portfolio and cultivating strong relationships with agents. This full-time position comes with a competitive salary and various benefits including medical insurance and a 401K match.

Qualifications

• Five or more years of progressive experience in insurance underwriting.
• Knowledge of the construction industry and surety bonds.
• Self-motivated and capable of working independently.

Responsibilities

• Assess risks and determine risk acceptability.
• Manage a portfolio of business and generate quotes for agents.
• Provide training to agents on underwriting practices.

Skills

Insurance underwriting

Relationship building

Analytical skills

Customer service

Negotiation

Education

Bachelor's degree in insurance or related discipline

Tools

BondPro

SuretyCloud

Microsoft Office Suite

Job description

Overview

Join to apply for the Surety Territory Underwriter role at Builders

Location options include Alpharetta, GA or Lake Mary, FL.

Description

Integrity. Care. Trust. Compassion. Expertise.

These values of Builders culture create success in all we do. We strive to provide deeply supportive partnerships to our customers, agents, and each other. Builders is proud to be named among the Great Places to Work. Our award-winning culture has earned top marks in Company Direction, Employee Appreciation, Work-Life Balance, Leadership, and Compensation and Benefits. Our strong culture keeps us Built Strong in a forever-changing world, and our AM Best A Rating is evidence of our financial strength.

Position Summary

The Surety Territory Underwriter plays a key role in evaluating, selecting, and pricing qualified surety bond risks within a designated territory. This position is responsible for effectively managing a portfolio of business while cultivating strong, collaborative relationships with internal and external contacts, independent agents and teams.

Responsibilities

• Review new and renewal submissions, including loss history, to comprehensively assess exposures, determine risk acceptability, set appropriate terms and conditions, and apply pricing based on individual risk characteristics—all in alignment with the company’s underwriting standards and guidelines for each line of business.
• Contribute to the strategic planning process for the assigned territory by supporting the development of regional goals and objectives; monitor agency performance and recommend improvement plans where appropriate.
• Exercise sound judgment within assigned authority levels when evaluating risks, setting limits and determining pricing strategies.
• Implement pricing strategies that reflect individual risk characteristics and recommend enhancements to underwriting practices, policies, and procedures to support the company’s profitability goals.
• Generate and revise quotes for independent agents, actively pursue new business opportunities, and work toward meeting established sales and growth targets. Effectively manage a portfolio of accounts to maintain performance within acceptable loss ratio thresholds by line of business.
• Establish and maintain productive, collaborative relationships with agents, serving as a primary point of contact and delivering prompt, professional support to address inquiries and resolve issues for agents, policyholders, and prospects.
• Provide training and guidance to agents on company systems, tools, and underwriting practices to enhance efficiency and ensure alignment with underwriting expectations.
• Collaborate cross-functionally with internal departments to support agency relationships and drive mutual success.
• Leverage underwriting expertise to assess recommendations from internal teams and ensure appropriate handling of accounts under review.
• Review and respond to technical correspondence with professionalism, clarity, and accuracy.
• Engage in ongoing professional development to remain current on industry trends, evolving market conditions, and competitor strategies.
• Perform other duties as assigned.

Qualifications

• Bachelor's degree in insurance or related discipline; or equivalent combination of education and/or experience
• Five or more years of progressive experience in insurance underwriting, with a strong foundation in policy processing and operational workflows
• Knowledge of the construction industry, contract, performance and commercial surety bonds
• Skill in building and maintaining effective relationships, with proven ability to collaborate across teams and engage professionally with both internal and external stakeholders
• Skill in delivering presentations, providing exceptional customer service, and resolving issues with a solution-oriented approach
• Self-motivated and capable of working independently while contributing positively in a team environment; committed to maintaining clear and transparent communication with internal leadership
• Skill in analysis, time management, prioritization, negotiation and project management; ability to multi-task effectively while paying attention to detail
• Proficient in both verbal and written communication with the ability and commitment to maintain confidentiality
• Proficient with BondPro, SuretyCloud, CAM Surety, Surety2000 and Microsoft Office Suite and function-specific software applications

Benefits

• Competitive Salary
• Bonus Structure
• Profit Sharing
• Medical, Dental, Vision Insurance
• Employer Paid Short Term Disability
• Employer Paid Long Term Disability
• Employer Paid Life Insurance
• Voluntary Life Insurance
• 401K with Company Match
• PTO

About Builders

Builders is a mid-sized mutual with remarkable strengths. Rated A by AM Best, Builders has forged rock-solid financial strength and a reputation for reliability and fairness in fulfilling our promises to customers. Kind, collaborative, and customer-centric, our experienced and passionate teams foster a rewarding atmosphere of excellence, trust, and mutual respect, meriting the “Culture Excellence” honors from Top Workplaces. Flexible and highly personal, our experts leverage deeply supportive partnerships with knowledgeable independent agencies to drive better services and protection for policyholders.

Builders Insurance Group is an Equal Opportunity Employer. We welcome applicants from all walks of life and don\'t discriminate based on any protected status. If, during the application process you need assistance, or an accommodation due to a disability, please contact us.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Finance and Sales

Industries

Insurance