Senior Underwriter, Commercial Surety

Ascot Group•Chicago, IL

About The Position

This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations. Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way. The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric. Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world-class service — both pre-and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline. Position Overview: Ascot Surety & Casualty Company is a US Treasury-listed surety carrier. Ascot benefits from a Financial Strength Rating of A issued by A.M. Best. The Senior Underwriter, Commercial Surety will be responsible for supporting underwriting and marketing strategy in an assigned region. The successful candidate will be responsible for regional production targets, disciplined underwriting, and the development of productive distribution partner relationships

Requirements

Bachelor’s degree in Finance, Accounting, or equivalent
A minimum of 3 years of experience underwriting, analyzing, and servicing complex commercial surety accounts
Proven track record of establishing and developing distribution partner relationships
Excellent communication and organizational skills
Ability to work independently and efficiently
Consistently embraces and promotes a culture of collaboration and the ability to effectively manage change
Demonstrates a strong work ethic, solid business judgment, and a passion for providing outstanding solutions to our business partners
Commit to The Ascot Way: Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.

Responsibilities

Responsible for meaningful contribution to production, disciplined regional underwriting, and distribution strategy
Within authority limit, approve, decline, and price of risks
Assists with the development and execution of segment strategies to contribute to budgeted results
Accountable for accurate underwriting information and adherence to documentation standards
Develop and leverage productive distribution partner relationships

Benefits

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more
Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
Retirement Benefits: Contributory Savings Plan (401k)

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