Associate Contract Bond Underwriter

HCC Life Insurance • Scottsdale, AZ

76d

About The Position

Tokio Marine HCC - Surety Group, a member of the Tokio Marine Group of Companies, has an exciting opportunity for an Underwriter at our Scottsdale/Phoenix, AZ branch office. We are looking for a motivated individual to join our highly skilled underwriting team which specializes in contract surety bonds.

Requirements

• Experience with analyzing financial statements.
• Customer service mindset - highly responsive to external and internal parties.
• Excellent organizational skills.
• Excellent time management skills.
• Excellent written and verbal interpersonal skills.
• Initiative to develop business opportunities.
• Adept at using multiple systems, programs, and tracking information.
• Bachelor's degree in Business Administration, Finance, a related field, or the equivalent education and/or experience.

Responsibilities

• Review contract bond applications to evaluate, classify, and rate risk to determine acceptability, coverage, and pricing.
• Establish, maintain, and develop agency and/or broker relationships.
• Have defined underwriting authority as well as responsibility for business development.
• Learn about our company - our systems and processes, and the members of our team.
• Analyze financial statements, collateral, and related due diligence.
• Prepare bond execution and financial analysis reports.
• Approve within given authority or recommend approval or denial of bonds to a higher authority within the home office.
• Draft and issue surety bonds according to established guidelines.
• Resolve legal, accounting, and collateral issues related to bond submissions with internal clients.
• Cultivate relationships with internal and external contacts to facilitate the underwriting process, promote business development, and remain abreast of industry trends.

Benefits

• Competitive salary and employee benefit package.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees