Associate Contract Bond Underwriter

2 weeks ago


Scottsdale, United States Tokio Marine HCC Full time

UnderwriterTokio Marine HCC Surety Group, a member of the Tokio Marine Group of Companies, has an exciting opportunity for an Underwriter at our Scottsdale/Phoenix, AZ branch office.We are looking for a motivated individual to join our highly skilled underwriting team which specializes in contract surety bonds.Key ResponsibilitiesThe Underwriter reviews contract bond applications to evaluate, classify, and rate risk to determine acceptability, coverage, and pricing. The underwriter establishes, maintains, and develops agency and/or broker relationships, and has defined underwriting authority as well as responsibility for business development.Performance ObjectivesDuring the first 30 days: Learn about our company our systems and processes, and the members of our team. Review contract bond applications to evaluate, classify, and rate risk to determine acceptability and rating. Analyze financial statements, collateral, and related due diligence. Prepare bond execution and financial analysis reports.During the first 3 months: Approve within given authority or recommend approval or denial of bonds to a higher authority within the home office. Draft and issue surety bonds according to established guidelines.During the first 6 months: Resolve legal, accounting, and collateral issues related to bond submissions with internal clients.During the first year and beyond: Cultivate relationships with internal and external contacts to facilitate the underwriting process, promote business development, and remain abreast of industry trends.Experience & Education QualificationsExperience with analyzing financial statementsSuccess characteristics: Customer service mindset highly responsive to external and internal partiesExcellent organizational skillsExcellent time management skillsExcellent written and verbal interpersonal skillsInitiative to develop business opportunitiesAdept at using multiple systems, programs, and tracking informationBachelor's degree in Business Administration, Finance, a related field, or the equivalent education and/or experienceThe Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of companies is an equal opportunity employer.



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