Contract Surety Bonds Underwriting Manager - Orange, CA
About The Position
Responsible for low to moderately complex risk selection/rejection, pricing, retention, growth, and profitability within scope of authority and divisional objectives. Uses independent judgment and initiative to support business goals. Maintains a high level of customer service. Receives and analyzes submissions and determines terms to offer (policy limits, credit limits, deductibles, coverage options and conditions, work programs, etc.). Prices business in accordance with company guidelines. May conduct investigations of new and existing accounts through business owners (banks, owners, creditors, debtors, architects, engineers, criminal record checks, on‑site visits, etc.). Assesses risk quality and compliance within company guidelines. Orders and analyzes business reports needed for rating and underwriting, including credit checks, bank agreements, financial statements, and underwriting surveys. Makes recommendations on risks over authority. Enters, maintains, and monitors accounts using underwriting, analysis, and desktop systems. Prepares effective internal and external communications on underwriting issues. Develops and maintains effective business relationships with internal and external customers/coworkers to attract and retain profitable business. Visits producers and principals to retain existing accounts, build and maintain business relationships, and develop new opportunities. Interprets, explains, and markets products and services. Surveys exposures and supports divisional objectives through field visits. Applies underwriting rules and guidelines, rating manual rules, and insurance laws and regulations. May provide guidance and assistance to lower‑level associates. May have responsibility for staff performance and coaching, including participation in talent selection, development, and performance management. Performs other duties as assigned.
Requirements
- Bachelor’s Degree or equivalent experience
- Generally seeking 7+ years of related experience
Nice To Haves
- Progression toward professional certifications preferred: Associate in Surety and Fidelity Bonding (AFSB) Certified Public Accountant (CPA) Registered Professional Liability Underwriter (RPLU)
- Finance, Accounting, or related discipline
Responsibilities
- Risk selection/rejection, pricing, retention, growth, and profitability
- Analyze submissions and determine terms to offer
- Price business in accordance with company guidelines
- Conduct investigations of new and existing accounts
- Assess risk quality and compliance
- Order and analyze business reports
- Make recommendations on risks over authority
- Enter, maintain, and monitor accounts
- Prepare internal and external communications
- Develop and maintain business relationships
- Visit producers and principals
- Interpret, explain, and market products and services
- Survey exposures and support divisional objectives through field visits
- Apply underwriting rules and guidelines, rating manual rules, and insurance laws and regulations
- Provide guidance and assistance to lower-level associates
- Responsibility for staff performance and coaching
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What This Job Offers
Job Type
Full-time
Career Level
Manager
