Surety Underwriter

Euler Hermes North America Insurance Com; Baltimore (MD); Remote; USD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Senior Surety Underwriter to lead marketing and underwriting efforts for their Surety portfolio. This role involves collaborating with regional managers, developing broker relationships, and executing strategic business plans to grow the Surety business. With a focus on maintaining profitable underwriting practices, the ideal candidate will have a strong background in Surety, proven success in underwriting, and the ability to engage actively in the marketplace. Join a company committed to diversity, equity, and inclusion, where your contributions will help shape the future of insurance and asset management.

Benefits

Competitive compensation

Annual bonus eligibility

401(k) match up to 6%

Health and wellness benefits

Paid time off for vacation

Tuition reimbursement

Family care resources

Qualifications

• At least 2 years of industry experience with a focus on Surety.
• Demonstrated knowledge and expertise in the U.S. Surety market.

Responsibilities

• Manage and expand the Surety portfolio while maintaining broker relationships.
• Document underwriting decisions consistently and transparently.

Skills

Underwriting

Broker Relationship Management

Portfolio Management

Market Analysis

Education

Bachelor's Degree in Business

Bachelor's Degree in Economics

Bachelor's Degree in Finance

Job description

Job Purpose : Responsible and accountable for the marketing and underwriting of the assigned Surety portfolio within your region for the Allianz Trade North America Surety Team. The Senior Surety Underwriter is responsible for maintaining existing broker relationships, recommending new broker relationships, effectively marketing Surety’s capabilities, and underwriting profitable business in the US.

Key Responsibilities :

• Working with their Regional Surety Manager, executing on the established strategic business plan in order to maintain and expand Allianz Trade’s Surety business in the United States.
• Developing and underwriting a profitable portfolio of Surety business through active engagement in the Surety marketplace with existing and new broker relationships in the local market.
• Documenting of all decisions and recommendations in a consistent and transparent manner.
• Conducting account and portfolio underwriting activities in a manner consistent with underwriting guidelines and portfolio management requirements established by Allianz Trade
• Collaborating with colleagues across the Americas and internationally in order to fully leverage surety capabilities and existing customer base.
• Attending industry groups and local surety events, as requested by the Regional Manager

Key Experience :

• Proven ability to underwrite and grow a Surety portfolio.
• Strong relationships with local brokers.
• Recognized expertise in the underwriting of surety accounts and risks.
• Proven track record of successful underwriting results

Key Requirements :

• At least 2 years industry experience.
• Demonstrated knowledge and expertise in surety in the U.S. in your local market.
• Entrepreneurial skill set to establish and achieve goals and objectives.
• Established track record developing business with brokers.
• 4-year college degree with emphasis in business, economics, or finance.

LI-BG1 #LI-REMOTE

Only meet some of the criteria? Please apply anyway – we want to hear from you!

Compensation range : 80,000-$120,000

Placement within the range provided above is based on the individual’s relevant experience, skills for the role, and location. Salary ranges are only one component of our total compensation package.

Benefits :

We value your goals and needs, at work and in life. As an associate, you’ll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.

Featured employee benefits to enrich your life :

• Competitive compensation
• Annual bonus eligibility and / or commission structure opportunities
• 401(k) discretionary match of up to 6%
• Health and wellness benefits
• Paid time off for vacation, illness, Birthday Day Off and Volunteer Day Off
• Tuition Reimbursement
• Family care resources, including fertility and adoption benefits

Learn more about our benefits here :

Our policies may change as our working lives evolve. Yet, our commitment to supporting our associates’ well-being and addressing the needs of our clients, business, and communities is unwavering.

Commitment to Diversity, Equity, and Inclusion

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.

We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religon, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations. Join us. Let's care for tomorrow.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

Note : Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company encourages its employees to have motivation in gaining varied skills from different positions and to collect experiences from across Allianz Group.