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Underwriting Assistant-Commercial Surety

3 months ago

Sioux Falls, South Dakota, United States Old Republic Surety CO Full time


Old Republic Surety Company (ORSC) is currently seeking an Underwriting Assistant to join its Commercial Underwriting Team at its Sioux Falls, SD, location. Under the guidance of the branch level manager, the Assistant Underwriter - Commercial performs a variety of administrative duties to support Branch and Home Office Underwriting operations. This position assists in the underwriting of commercial bond submissions and renewals, assists agents and Home Office staff with the web-based bond software applications(s), and assists in soliciting and quoting new business within established guidelines, maintaining agency relationships. This position requires working onsite in our Branch Office in West Des Moines, IA. This is not a remote work opportunity.

DUTIES AND RESPONSIBILITIES:
  • Assist in soliciting and quoting new business within guidelines and/or authority. Maintain agency relationships by providing prompt customer service as directed.
  • Send requests for renewal business. Review renewals for completeness and risk acceptability and approve within established guidelines. Present to underwriter when necessary.
  • Promote and demonstrate use of the web-based bond software application(s) with agents. Assist agents and Home Office staff with the web-based bond software application(s).
  • Assist Home Office Underwriting in maintaining existing forms/users in the web-based bond software application(s). Notify Home Office Underwriting of new bond forms needed for the web-based bond software application(s) and process web-based bond software application(s) renewals, as directed. Issue bid/performance bonds and prepare endorsements as needed.
  • Assist Home Office with accounting discrepancies and past due accounts. Review direct bill past due list monthly and contact principal and agent on late pays.
  • Provide Home Office Claims with claim notices along with appropriate bond information and assist with information requests.
  • Perform administrative duties including handling mail, assisting callers, filing, photocopying, faxing, ordering supplies, and using/maintaining office equipment.
  • Other duties as assigned.
QUALIFICATIONS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

This position requires a High School diploma, or equivalent, and a minimum of one year related experience or an equivalent combination of education and experience.

Working as an Assistant Underwriter I requires one to work independently and effectively within a fast-paced environment. Proficiency with Microsoft (MS) Windows and Office products is necessary. Other skills necessary include excellent oral and written communication skills, strong organizational and accurate proofreading skills, the ability to maintain accurate records, the ability to exercise discretion with confidential information, strong attention to detail, and the ability to use a variety of office equipment.

PHYSICAL AND ENVIRONMENTAL DEMANDS:This position requires one to sit for extended periods of time and stand and/or walk occasionally. The position requires one to occasionally push, pull, carry, and/or lift up to 10 pounds. No personal protective equipment is required. Ergonomic equipment is available to employees.WHO ARE WE?
Old Republic Surety Company underwrites contract, fidelity, and commercial bonds, serviced through a network of more than 4,500 independent insurance agencies. Solutions provided include bid bonds, performance and payment bonds, and maintenance bonds for large, middle market and smaller growing contractors. ORSC consistently offers superior service and creative underwriting options in all 50 states.

WHY OLD REPUBLIC SURETY COMPANY?
Old Republic Surety Company offers numerous opportunities for our employees to grow and prosper. We have a culture of growth from within and we support our employees' pursuits in advancing their careers. We offer this in an open-door, collaborative workplace that encourages and rewards both teamwork and individual contributions. We want bright, passionate individuals who share our values and quest for success. To learn more about our company culture and our outstanding benefits, please visit our website and watch this video.

COMPANY BENEFITS

Financial:
  • Competitive salary
  • 401k Savings & Profit-Sharing Plan, including company match contribution
  • Roth investment options
  • 529 Education Savings Plan
  • Employee Referral Bonus Program
Health:
  • Health Insurance
  • Dental Insurance
  • Flexible Spending & Health Savings Account options
  • Life Insurance
  • Vision Insurance
  • Supplement Life Insurance
  • Long-Term Disability Insurance
  • Paid Leave of Absence Benefits
  • Accident & Critical Illness Insurance
  • Pet Insurance
Work-Life Balance:
  • 38.75 hour standard work week
  • Hybrid work opportunities available upon completion of training
  • Casual business attire
  • Generous paid time-off (PTO)
  • Paid holidays
  • Volunteer opportunities
  • Company-sponsored events and outings
Interested? Click 'apply' and follow some very simple steps to get your resume in front of the Talent Acquisition Team.

Old Republic Surety Company is an Equal Opportunity Employer and is committed to maintaining a diverse workplace.

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