Surety Underwriter

Allianz Popular SL.; Baltimore (MD); Remote; USD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Senior Surety Underwriter to manage and expand their Surety portfolio in the U.S. This role involves maintaining broker relationships, underwriting profitable business, and collaborating with colleagues across the Americas. The ideal candidate will have a proven track record in underwriting and a strong understanding of the local market. The company values diversity and offers a supportive environment, ensuring employees can thrive both professionally and personally. Join a team that cares about your goals and fosters an inclusive culture where everyone can contribute to a better future.

Benefits

Annual bonus eligibility

401(k) discretionary match up to 6%

Flexible work schedules

Health and wellness benefits

Paid time off for vacation and illness

Tuition Reimbursement

Family care resources, including fertility and adoption benefits

Qualifications

• At least 2 years of industry experience in Surety underwriting.
• Demonstrated knowledge of the Surety market in the U.S.

Responsibilities

• Underwrite and grow Surety portfolio through broker relationships.
• Execute strategic business plans to expand Surety business.

Skills

Underwriting

Broker Relationship Management

Market Engagement

Portfolio Management

Communication Skills

Education

4-year college degree in Business, Economics, or Finance

Job description

Euler Hermes North America Insurance Com

Job Type: Full-Time

Remote Job: Remote working

Employment Type: Permanent

ID: 63681

Surety Underwriter

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 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.

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.

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:

• Annual bonus eligibility and/or commission structure opportunities.
• 401(k) discretionary match of up to 6%.
• Flexible work schedules.
• 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.

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 ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. Great to have you on board. 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.