Assistant Underwriter - Credit & Surety

Swiss Re•Plano, TX

1d•$68,000 - $102,000•Hybrid

About The Position

Swiss Re Corporate Solutions is seeking a motivated and curious Underwriting Assistant to join their Credit & Surety team in Dallas/Plano, Texas. This role involves supporting the underwriting process for contract surety accounts by analyzing financial data, managing account documentation, and ensuring underwriters have the necessary information for decision-making. It offers an opportunity to develop expertise in surety underwriting within a collaborative, global, and innovative insurance environment.

Requirements

Demonstrated experience or education in finance, accounting, or a related field, with the ability to interpret and evaluate financial statements.
Proficiency in analyzing financial data, identifying trends, and drawing meaningful conclusions to support underwriting decisions.
Strong working knowledge of Microsoft Office Suite (Excel, Word, Outlook), with the ability to produce accurate reports and correspondence efficiently.

Nice To Haves

Prior experience in the insurance, surety, or financial services industry.
Familiarity with underwriting systems or document management platforms such as CUA/Imaging.
Experience reviewing or preparing legal or financial agreements such as GIAs or subordination agreements.
Strong organizational and time management skills, with the ability to manage multiple priorities simultaneously.
Excellent written and verbal communication skills, with a customer-focused mindset.
A proactive problem-solving approach and the ability to work independently as well as collaboratively within a team.

Responsibilities

Update CUA/Imaging systems with current underwriting information for both new and existing accounts, ensuring accuracy and completeness.
Enter financial information into CUA, including preliminary analysis, and evaluate new and existing accounts to identify potential red flags or positive attributes.
Pull personal and corporate credit reports to support underwriting decisions and assess the creditworthiness of companies and their owners.
Establish new accounts in CUA, ensuring all pertinent documentation is captured and maintained according to the SRCS Surety Group Procedure Manual.
Prepare and review General Indemnity Agreements (GIAs) and/or subordination agreements upon request, and maintain current credit information files in line with established procedures.
Prepare and maintain bid logs, recording results, and updating records for approved bids and bid outcomes.
Review and approve consent of surety for agents on final bonds under specific conditions (no outstanding claims, all subcontractors and suppliers paid, no lingering issues).
Support agency appointment documentation and follow-up, address agent questions and concerns, and assist with year-end review and conditional bid approval requirements.
Participate in special projects and provide custom reports as delegated by the Regional/Branch Manager.