Underwriter, Contract Surety - Mid Atlantic

Skyward Specialty; United States; Remote; USD 105,000 - 185,000; Full time

Job summary

An established industry player is seeking a Surety Underwriter to join their dynamic team. This role involves underwriting and servicing surety risks while maintaining strong agency relationships. The ideal candidate will possess excellent communication skills, a solid understanding of financial principles, and the ability to work independently. With a competitive salary range and a comprehensive benefits package, this opportunity offers a chance to thrive in a supportive environment that values diversity and professional growth. If you're ready to take your career to the next level, this position is perfect for you.

Benefits

Health and welfare benefits

Tuition assistance

401k savings plan

Employee Stock Purchase Program

Paid time off

Paid holidays

Child bonding leave

Employee assistance programs

Qualifications

• Two years minimum surety underwriting experience required.
• Ability to analyze contractor’s financial profiles essential for evaluating risk.

Responsibilities

• Develop and underwrite new business while protecting company interests.
• Service existing agency relationships in assigned territories.

Skills

Independently manage multiple tasks

Excellent written and verbal communication

Advanced organizational skills

Analytical skills

Understanding of financial principles

Strong interpersonal skills

Proficiency in Microsoft Office

Proficiency in Adobe Acrobat

Education

College degree in business/finance

Tools

Company underwriting software

Job description

Overview

Skyward Specialty is a property and casualty insurance holding company formed in 2007. Based in Houston, Texas, and with staff throughout the country, Skyward Specialty provides admitted and non-admitted solutions to retail and wholesale distributors, managing general agents and captive markets. We have built highly respected businesses in specialty lines including management professional liability, medical stop loss, surety, E&S property and liability, and large commercial property, as well as multi-line solutions for the energy, trucking and construction industries.

At Skyward Specialty, we approach this business differently. In fact, we’re different from most others in our industry in just about every way. We have the spirit of a start-up with the security of over $1.7 billion in Written Premium. We put immense brain power and energy into finding greater insights to uncover better opportunities for our clients, partners, and people. We think at a higher level, so they can succeed at a higher level.

We are committed to a Diverse Workforce

Skyward Specialty is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, nativity, neurodiversity, genetics, disability, age, or veteran status. For more information about us please visit www.skywardinsurance.com

Responsibilities

*Candidates must be currently located in the Mid-Atlantic region of the US (NC, SC, MD, VA, DC)

This position is responsible for underwriting and servicing surety risks within an established territory. This position will be responsible for extending underwriting decisions that are in line with established underwriting guidelines and letters of authority. This position will interface regularly with the VP of Surety regarding the underwriting of bond submissions and will be responsible for effectively servicing agency relationships within its territory.

Essential Responsibilities:

• Develop and underwrite new business while protecting the interests of the company
• Service existing agency relationships within established territory of North & South Carolina, or Virginia, Washington, DC & Maryland
• Complete underwriting review on new and existing accounts and establish terms and conditions within authority
• Refer accounts above established authority to higher authority within field or home office with recommended action
• Maintain and update account and bond files with current information per underwriting guidelines
• Provide excellent customer service that distinguishes us from our competitors

Qualifications

Education/Experience:

• College degree in business/finance or related field preferred
• Two years minimum surety underwriting experience

Skills:

• Ability to work independently and manage multiple tasks simultaneously
• Excellent written and verbal communication skills
• Advanced organizational and analytical skills as well as attention to details
• Solid understanding of financial and accounting principals
• Strong interpersonal and social skills
• Personal computer skills and proficiency in Microsoft Office and Adobe Acrobat

Knowledge:

• Background in contract surety underwriting with the ability to conduct appropriate risk selection and recommendation of terms and conditions
• Ability to analyze contractor’s financial profiles essential for evaluating risk
• Must have familiarity with financial statements and knowledge of contractor’s basic terminology, regulatory requirements, and bid processes.
• Ability to understand and utilize company underwriting software

Compensation & Benefits

The applicable base salary for this opportunity is $105,000 - $185,000. The base pay offered will be determined by factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. In addition to the base salary, this opportunity may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition and professional certification assistance, 401k savings, elective participation in the Employee Stock Purchase Program, paid time off, paid holidays, and child bonding leave, as well as other employee assistance programs.

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