Bond Underwriter I

EMC Insurance Companies

1d • Remote

About The Position

At EMC, we’re all about working together to make an impact. As part of our team, you’ll have the opportunity to grow, contribute, and gain experience that matters. We strive to be caring leaders, close partners, and responsive experts—always supporting each other to do our best work. Join us, and let’s improve lives together. This position can be performed remotely for candidates who reside in the Des Moines, Iowa metro area.

Requirements

• Bachelor’s degree, preferably in accounting, finance, or business, or equivalent relevant experience
• Good analytical and problem-solving skills
• Strong multitasking and organizational skills
• Strong computer and keyboarding skills including knowledge of Microsoft Office Suite
• Good human relation skills, including written and verbal communication skills
• Ability to work effectively with others, as well as independently
• Occasional travel required; a valid driver’s license with an acceptable motor vehicle report per company standards required if driving

Nice To Haves

• Experience in the insurance, banking, or construction industry preferred

Responsibilities

• Assists in analyzing and underwriting contract and commercial surety accounts which includes analysis of financial statements, work in progress reports, and overall credit worthiness.
• Shadows experienced underwriters to gain an understanding of the necessary information required to make decisions on approving or declining a bond request.
• Reviews and learns the proper documentation required to keep account files current.
• Uses and gains an understanding of the various bond forms and terminology.
• Works within various computer applications to properly research and underwrite a bond.
• Researches the bond manual and other sources to further develop knowledge on EMC bond underwriting processes.
• References bond systems to research and utilize prior bond underwriting to maintain consistency standards for similar bond underwriting criteria.
• Attends agency visits with the bond team members to gain an understanding of the independent agency system.
• Attends contractor visits with the bond team members to understand the necessary information to gather, proper approach in asking questions, and gain an overall comfort level meeting with contractors.
• Reviews surety bond manuals.
• Attends the NAIS underwriting school.
• Participates in industry functions, meetings, and seminars.
• Keeps current on trade publications and business journals.

Benefits

• life, medical, dental, vision and prescription drug coverage
• Competitive paid time off plan
• a full day of volunteer time off annually
• 401(k) plan match
• pension plan
• OneEMC bonus plan
• recognition and anniversary awards
• Professional development and growth opportunities
• tuition reimbursement
• Wellness initiatives to improve team member well-being and reduce health insurance costs
• Flexibility to dress for your day
• opportunities for alternative work arrangements

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level