Surety Underwriting Manager - Transactional

corespecialtyinsurance; Dallas (TX); Remoto; USD 120.000 - 180.000; Tempo pieno

Vantaggi offerti da questo lavoro

Medical insurance

Dental insurance

Vision insurance

Life insurance

Short/long-term disability

401(k) company match

Employee Assistance Plan

HSA/FSA/HRA

Wellness program

Descrizione del lavoro

Core Specialty is seeking an experienced Underwriting Manager to assess and manage risk for surety bond applications. Based in Texas, Georgia, or Florida, you will evaluate financial strength, analyze terms, and make decisions to protect profitability.

You will lead underwriting efforts, collaborate with brokers, and guide junior team members. The ideal candidate brings 7+ years of surety underwriting experience, strong analytical skills, and deep knowledge of surety bond principles.

Competenze

• Bachelor’s degree in finance, business, accounting, or related field.
• 7+ years of experience in surety underwriting or related field.
• Strong analytical skills to interpret financial data.

Mansioni

• Review and evaluate surety bond applications to determine risk levels and terms.
• Analyze financial statements, credit reports, and documents to assess applicant stability.
• Collaborate with brokers, agents, and clients to gather information for bond risk analysis.
• Develop and maintain relationships with brokers, agents and industry professionals.
• Provide guidance and support to junior underwriters or team members.
• Stay updated on industry trends, regulations, underwriting practices, and competitors.

Conoscenze

Decision making

Attention to detail

Communication skills

Time management

Formazione

Bachelor's degree in finance, business, accounting, or related field

Strumenti

Underwriting software

Descrizione del lavoro

The Underwriting Manager is responsible for assessing and managing risk associated with surety bond applications. This position will be responsible to evaluate the financial strength and credibility of applicants, analyze terms, and make informed decisions to protect the interests of the surety company while maintaining profitability. The ideal candidate will be based in Texas, Georgia, or Florida.

Key Accountabilities/Deliverables:

• Review and evaluate surety bond applications/submissions to determine risk levels and underwriting terms.
• Analyse financial statements, credit reports, and other relevant documents to assess the financial stability of applicants.
• Collaborate with brokers, agents, and clients to gather necessary information required for proper analysis of bond risks.
• Develop and maintain relationships with brokers, agents, and industry professionals.
• Provide guidance and support to junior underwriters or team members.
• Stay updated on industry trends, regulations, underwriting practices, and competitors.
• Coordination with Automation Team to implement bond types/risks in the surety bond platform.
• Stay abreast of obligee requirements and statutory changes.
• Other projects and tasks as assigned.

Technical Knowledge and Understanding:

• Excellent decision-making abilities and attention to detail.
• Proficiency in underwriting software and tools.
• Effective communication skills, both verbal and written.
• Ability to manage multiple projects and prioritize tasks effectively.

Experience:

• Bachelor's degree in finance, business, accounting, or related field or equivalent work experience.
• Extensive experience (7+ years) in surety underwriting or related field.
• Strong analytical skills with the ability to interpret financial data.
• Knowledge of surety bond principles, including indemnity agreements and bond forms.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over work authorization sponsorship now or in the future for this position. This includes assistance, or support for an immigration-related employment benefit such as H-1B, O-1, E-3, TN status, CPT, OPT, or STEM OPT.

#LI-Remote

At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement.

We offer

• medical, dental, vision, and life insurances
• short and long-term disability
• a Company-match of 100% of a 6% contribution 401(k) plan
• an Employee Assistance Plan
• Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program