Underwriting Specialist, Commercial Surety

Ascot Group; United States; On-site; USD 150,000 - 170,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

Paid Time Off

401k retirement plan

Job summary

Ascot Group is seeking an Underwriting Specialist for Commercial Surety in the United States. This role involves supporting underwriting and marketing strategies while achieving regional production targets. The successful candidate will need a Bachelor's degree in Finance or Accounting and at least 5 years of relevant experience. The position offers a competitive annual salary range of $150,000 to $170,000 along with a comprehensive benefits package including health, leave, and retirement plans.

Qualifications

• Minimum of 5 years of experience underwriting, analyzing, and servicing complex commercial surety accounts.
• Proven track record of establishing and developing distribution partner relationships.
• Commitment to embodying The Ascot Way in daily interactions.

Responsibilities

• Responsible for meaningful contributions to production and underwriting strategy.
• Approve, decline, and price risks within authority limits.
• Support the development of Associate Underwriters.

Skills

Excellent communication and organizational skills

Ability to work independently and efficiently

Strong work ethic

Business judgment

Collaboration

Education

Bachelor’s degree in Finance, Accounting, or equivalent

Job description

Overview

This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.

Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.

The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.

Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world-class service — both pre-and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.

The Underwriting Specialist, Commercial Surety, will be responsible for supporting underwriting and marketing strategy in an assigned region. The successful candidate will be responsible for regional production targets, disciplined underwriting, and the development of productive distribution partner relationships.

Responsibilities

• Responsible for meaningful contribution to production, disciplined regional underwriting, and distribution strategy
• Within authority limit, approve, decline, and price of risks
• Assists with the development and execution of segment strategies to contribute to budgeted results
• Accountable for accurate underwriting information and adherence to documentation standards
• Develop and leverage productive distribution partner relationships
• Support the development of Associate Underwriters

Qualifications

• Bachelor’s degree in Finance, Accounting, or equivalent
• A minimum of 5 years of experience underwriting, analyzing, and servicing complex commercial surety accounts
• Proven track record of establishing and developing distribution partner relationships
• Excellent communication and organizational skills
• Ability to work independently and efficiently
• Consistently embraces and promotes a culture of collaboration and the ability to effectively manage change
• Demonstrates a strong work ethic, solid business judgment, and a passion for providing outstanding solutions to our business partners
• Commit to The Ascot Way: Embody The Ascot Way in daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.
• This position may be filled at a different level, depending on experience

Compensation

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus and other forms of discretionary compensation awarded by the Company.

The annualized base pay range for this role is: $150,000 - $170,000

Company Benefits

The Company provides a competitive benefits package that includes the following (eligibility requirements apply): Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more; Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver); Retirement Benefits: Contributory Savings Plan (401k).