Surety Underwriting Specialist - Data-Driven Support

Ascot Group; Chicago (IL); On-site; USD 75,000 - 85,000; Full time

Benefits offered by this job

Health benefits

401(k) plan

Paid holidays

Paid time off

Job summary

Ascot Group in Chicago, IL is seeking an Underwriting Assistant for Surety to support the full account life cycle across new business, renewals, endorsements, and servicing activities. You will work closely with the Surety Underwriting team to ensure accurate processing and a superior client experience.

The role emphasizes data accuracy, timely processing, and collaboration with agents, clients, and internal teams. A 3-year Surety insurance background and strong communication are essential.

Qualifications

• Minimum 3 years of insurance experience supporting a Surety team.
• Excellent written and verbal communication skills.
• Intermediate knowledge of Microsoft Excel and Word.
• Excellent time management and ability to multi-task.
• Desire to work as part of a collaborative team.
• Bachelor’s Degree preferred.

Responsibilities

• Process Surety transactions through accurate data entry across one or more product lines, applying knowledge of bond obligations, rating scenarios, and internal processing requirements.
• Review requests for new bonds, riders, enter rates and code new business, renewals, cancellations, endorsements, and reinstatements.
• Provide underwriting support to the Surety Underwriting team and exceptional service to internal and external customers, including agents and clients.
• Foster relationships with distribution partners.
• Assist with customer inquiries and questions, as well as the input of new bond transactions.
• Retrieve information using various systems and update agency information as appropriate, including billing, workflow, and contractor's database systems.
• Assist the accounting team with billing, premium, and commission discrepancies upon request.
• Review and reconcile internal system report as directed by the Manager.
• Apply independent judgment to complete complex or specialized assignments/tasks working within defined policies and procedures to optimize planned business results.
• Provide operational and systems support for Surety processing activities, escalating technical issues to Ascot’s IT and operations teams as needed and assisting with resolution.
• Process, coordinate, and validate data and documents to ensure accuracy, quality, timely service and customer satisfaction.
• Support special projects as needed.
• Commit to The Ascot Way: As a member of the Surety team, embody The Ascot Way in daily interactions with colleagues, distribution partners, agents, and clients by fostering collaboration, inclusivity, accountability, colleague engagement, and a shared commitment to underwriting excellence.

Skills

Insurance experience

Communication skills

Time management

Team collaboration

Decision making

Education

Bachelor’s Degree preferred

Tools

Excel

Word

Job description

Ascot Group in Chicago, IL is seeking an Underwriting Assistant for Surety to support the full account life cycle across new business, renewals, endorsements, and servicing activities. You will work closely with the Surety Underwriting team to ensure accurate processing and a superior client experience.

The role emphasizes data accuracy, timely processing, and collaboration with agents, clients, and internal teams. A 3-year Surety insurance background and strong communication are essential.