Territory Contract Underwriter - Denver
About The Position
The Territory Contract Underwriter drives profitable growth within an assigned territory through risk evaluation, relationship management, and strategic collaboration. The role requires advanced underwriting judgment, proactive relationship development, and the ability to contribute to production goals with minimal oversight. The underwriter makes considered decisions on complex cases, builds agency partnerships, and influences outcomes through high-quality analysis and interpersonal agility. The role reviews contract surety submissions within assigned authority, analyzes contractor financial statements, project exposure, and credit reports, and prepares recommendations for referral or review. It also leads agency discussions and decision-making, develops existing and new agency relationships, handles service issues, gathers market intelligence, and uses feedback to support territory strategy. In collaboration with a manager, the underwriter sets and pursues production goals and takes ownership of territory-level initiatives. Merchants Bonding Company focuses almost exclusively on surety. It describes its culture as people-first, collaborative, inclusive, and committed to associates’ growth and advancement. The position is based in the Denver/Aurora, Colorado area and offers flexible hybrid and remote opportunities.
Requirements
- At least 3 years of experience in contract surety underwriting or an equivalent financial risk evaluation role.
- Demonstrated ability to evaluate financial strength, identify key risk indicators, and apply underwriting guidelines.
- Experience leading agency relationships and representing underwriting decisions in client-facing environments.
Nice To Haves
- Bachelor’s degree preferred; business, finance, accounting, or economics are especially relevant fields of study.
Responsibilities
- Review and underwrite contract surety submissions within assigned authority, using sound judgment and seeking colleague input when collaboration can improve decision quality.
- Analyze contractor financial statements, project exposure, and credit reports to assess risk and inform underwriting decisions.
- Prepare well-reasoned underwriting positions for referral or review, anticipating concerns and addressing them in recommendations.
- Lead account discussions and decision-making during agency meetings, jobsite visits, and presentations.
- Develop strategic relationships with key agency partners to grow premium and maintain a consistent pipeline.
- Manage agency interactions, resolve service issues, and collect market intelligence.
- Solicit feedback on service delivery and use insights to strengthen relationships and support territory strategy.
- Build new agency relationships through targeted prospecting, industry events, and professional networking.
- Establish and pursue quarterly and annual production goals in collaboration with the manager.
- Own territory-level initiatives and outcomes, using data and feedback to refine strategies.
Benefits
- Competitive pay and bonus programs.
- Generous paid time off.
- Flexible hybrid and remote opportunities.
- 37.5-hour work week.
- Free health insurance option.
- Paid volunteer time off with matching gift program.
- Infants in the Workplace Program with family resources.
- Opportunities for advancement and professional growth.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
