Bond Underwriting Associate

EMC Insurance Companies•Colorado - Work From Home, CO

8d•$43,081 - $65,482•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 CO.

Requirements

Associate degree, or equivalent relevant experience
Strong computer and keyboarding skills including knowledge of Microsoft Office Suite
Strong verbal and written communication skills
Excellent customer service skills
Good math and bookkeeping skills
Must be able to work on multiple tasks at one time with frequent interruptions
Must be detail-oriented as well as possess strong problem-solving, organizational, and prioritizing skills
Ability to work effectively with others, as well as independently

Nice To Haves

Bachelor’s degree preferred
Fidelity and surety bond experience preferred
Knowledge of surety and fidelity underwriting terminology, coverage forms, related documents and procedures preferred

Responsibilities

Obtains information necessary to approve and process renewals for fidelity and commercial surety.
Communicates with underwriters and agents to obtain the necessary information.
Assesses risk and makes the final decision on approving and issuance of new and renewal bond policies within limited authority.
Travels with manager to meet with agents and insureds to learn about underwriting and marketing.
Enters, rates, and codes all new bond business and renewals.
Develops premiums for all bonds.
Enters all cancellations and endorsements.
Preps, images, and indexes correspondence into the computer system from email, mail, and underwriters.
Issues and processes all status inquiries on contract bonds.
Enters and assists the bond underwriters with general indemnity agreements for contract and miscellaneous bond accounts as well as tracking them.
Assists underwriters by entering financial statements and work-in-progress information into the bond underwriting system.
Orders and pulls all personal credit reports and Experian reports for all contract and non-contract bond accounts and updates appropriate systems.
Updates underwriters on credit report results.
Reviews reports for all contract and non-contract bonds.