Sr. Underwriter - Surety

Core Specialty Insurance Services•Cincinnati, OH

2d•Hybrid

About The Position

A Senior Underwriter is responsible for assessing and managing risk associated with surety bond applications. This role involves evaluating the financial strength and credibility of applicants, analyzing terms, and making informed decisions to protect the interests of the surety company while maintaining profitability. The Senior Underwriter will also be responsible for maintaining relationships with key agents and brokers. The company is willing to consider candidates located in Southern Ohio, Kentucky, Tennessee, North or South Carolina, Louisiana, Georgia, and Alabama.

Requirements

Excellent decision-making abilities and attention to detail.
Proficiency in underwriting software and tools.
Effective communication skills, both verbal and written.
Ability to manage multiple projects and prioritize tasks effectively.
Extensive experience (5+ years) in surety underwriting or related field.
Strong analytical skills with the ability to interpret financial data.
Knowledge of surety bond principles, including indemnity agreements and bond forms.
Applicants must be authorized to work for any employer in the U.S.
Unable to sponsor or take over sponsorship of an employment Visa for this position.

Nice To Haves

Bachelor’s degree in finance, business, accounting, or related field is preferred.

Responsibilities

Review and evaluate surety bond applications/submissions to determine risk levels and underwriting terms.
Analyze financial statements, credit reports, and other relevant documents to assess the financial stability of applicants.
Collaborate with brokers, agents, and clients to gather necessary information required for proper analysis of bond risks.
Develop and maintain relationships with brokers, agents, and industry professionals.
Provide guidance and support to junior underwriters or team members.
Stay updated on industry trends, regulations, underwriting practices, and competitors.
Coordination with Automation Team to implement bond types/risks in the surety bond platform.
Stay abreast of obligee requirements and statutory changes.
Other projects and tasks as assigned.