Contract Surety Underwriter

11 hours ago

Dallas, United States Old Republic Surety CO Full time
Description

Old Republic Surety Company (ORSC) is currently seeking a Contract Surety Underwriter to join its Underwriting Team at our Dallas, TX branch ORSC ranks among the nation's top underwriters of contractors' performance and payment bonds, miscellaneous surety, and commercial fidelity, offering thousands of types of bonds. We are growing across the country which is creating new opportunities across the organization.

In general, under the guidance of a marketing and/or underwriting manager, the Contract Surety Underwriter analyzes all relevant information on bond renewals and submissions and underwrites within authority limit or recommends underwriting decisions to the manager.

Essential duties for the role are as follows:
  • Underwrite bonds within authority limit, and/or make underwriting recommendations to management that will contribute to the Company profitability objective.
  • Develop and apply financial analysis and underwriting skills which lead to acceptable loss ratio objective.
  • Demonstrate proficiency in applying Company underwriting procedures and policies.
  • Participate in regular travel of the assigned territory by use of motor vehicle (personal, rental and/or company provided), public transportation and/or airplane. Travel is including, but not limited to, attending agency visits to maintain current business and/or obtain additional business, participating in industry specific events, and meeting with prospective business partners.
  • Develop and maintain rapport with agency plant and service agents to enhance marketing efforts.
  • Collaborate with other Company employees to promote efficient and effective underwriting services to agents.
  • Enter information and maintain the agency database utilizing Customer Relationship Management (CRM) software to assist in the marketing growth objectives of the respective branch and/or home office. Utilize data to grow business
  • Other duties as assigned.
QUALIFICATIONS:This position requires a Bachelor's Degree and a minimum of one year of related experience.

Working as an Contract Surety Underwriterrequires 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.

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.

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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