Experienced Underwriter - Contract Surety
Berkshire Hathaway Specialty Insurance•Chicago, IL
•$120,000 - $200,000
About The Position
Berkshire Hathaway Specialty Insurance (BHSI) is seeking a senior-level Contract Surety Underwriter for its Midwest Region. Proximity to the Chicago office is preferred, but candidates located elsewhere in the Midwest Region may be considered. This customer-focused position is suited to an ethical professional committed to excellence and passionate about the surety business. The role offers the opportunity to contribute significantly to the growth and operations of the surety organization while working collaboratively to provide practical solutions for brokers and customers.
Requirements
- At least 5 years of underwriting experience in contract surety or a comparable credit- or finance-oriented industry.
- Financial analysis and credit assessment skills.
- Strong negotiation skills.
- Ability to travel up to 35% of the time based on business need.
- Excellent written and verbal communication skills.
- Experience managing and collaborating with retail brokers and agents.
- BS/BA degree or equivalent experience.
Responsibilities
- Serve as lead underwriter for an existing, high-quality portfolio of contract surety clients.
- Analyze credit quality and make sound decisions about terms, conditions, and pricing.
- Develop and advance broker and agent relationships to pursue new business opportunities.
- Review contracts, RFPs, and bond forms for a range of risks, including middle-market, subcontract, and national contractors.
- Contribute to daily operations, system development, and underwriting practices across the surety organization.
Benefits
- Competitive compensation package and career growth opportunities.
- Comprehensive health, dental, and vision benefits.
- Short-term and long-term disability insurance.
- Life insurance for the employee and family.
- Accidental death and dismemberment insurance for the employee and family.
- Flexible Spending Accounts.
- Health Reimbursement Account.
- Employee Assistance Program.
- 401(k) retirement savings plan with company match.
- Generous holidays and paid time off.
- Tuition reimbursement.
- Paid parental leave.
- Annual bonus eligibility.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
