Senior Contract Surety Underwriter

2 weeks ago


Birmingham, Alabama, United States Old Republic Surety CO Full time
Senior Contract Surety Underwriter

Old Republic Surety Company is seeking a seasoned Senior Contract Surety Underwriter to join its Contract Underwriting Team in Birmingham, AL. As a leading underwriter of contractors' performance and payment bonds, miscellaneous surety, and commercial fidelity, we offer a unique opportunity for experienced professionals to grow and succeed.

Key Responsibilities:
  • Contribute to company profitability by selecting and underwriting contract surety bonds, minimizing losses through effective risk management.
  • Act as liaison between agents, contractors, and branches to maintain excellent public relations and resolve underwriting or procedural questions.
  • Participate in regular travel to attend agency visits, industry events, and meetings with prospective business partners.
  • Coach and mentor Assistant Underwriters to ensure efficient processing of bonds and maintain good working relationships with agency personnel.
  • Conduct field calls to audit records and gather information for underwriting determinations.
  • Monitor market changes, competitor underwriting and rating plans, and economic conditions to remain competitive.
  • Implement underwriting changes as directed by management or Home Office Underwriters to ensure profitability.
  • Enter information and maintain the agency database using CRM software to support marketing growth objectives.
Requirements:
  • Bachelor's Degree or equivalent, with a minimum of three years of bond underwriting experience.
  • Strong oral and written communication skills, with proficiency in Microsoft Office products.
  • Ability to work independently and effectively in a fast-paced environment.
  • Excellent organizational and proofreading skills, with attention to detail and discretion when handling confidential information.
Benefits:
  • Competitive salary and lucrative annual bonus based on performance.
  • 401k Savings & Profit-Sharing Plan, including company match contribution.
  • Roth investment options, 529 Education Savings Plan, and Employee Referral Bonus Program.
  • Health, dental, and vision insurance, with flexible spending and health savings account options.
  • Life insurance, long-term disability insurance, and paid leave of absence benefits.
  • Accident and critical illness insurance, pet insurance, and hybrid work opportunities.


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