Senior Contract Bond Underwriter

Tokio Marine HCC•Plano, TX

2d•Onsite

About The Position

Tokio Marine HCC – Surety Group, a member of the Tokio Marine Group of Companies, has an opportunity for Senior Contract Bond Underwriter at our Plano, TX branch office. Under general direction, reviews contract bond applications to evaluate, classify, and rate each risk to determine acceptability, coverage, and pricing. Establishes, maintains and develops agency and/or broker relationships. Has expanded underwriting authority and significant business development responsibility.

Requirements

Minimum 4 Year / bachelor’s degree in business administration, accounting, finance, a related field, or the equivalent education and/or experience.
5 Years Relevant and progressive professional experience
Possess and have ability to apply knowledge of principles, practices, and procedures
Solid written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy
Advanced organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously
Knowledgeable of industry changes, legal updates, and technical developments related to applicable area of the Company's business to proactively respond to changing business environment
Intermediate proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word)
Passport Required

Nice To Haves

Frequent travel (20% of time or more)

Responsibilities

Review contract bond applications to evaluate, classify, and rate each risk to determine acceptability and rating.
Perform analysis of applicant's financial statements, collateral, and related due diligence.
Prepare bond execution and Financial Adjustment Notices (FAN) reports.
Approve within given authority or recommend approval or denial of bonds to higher authority within field or 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 to remain abreast of industry trends.