Lead Underwriter

2 weeks ago


Walnut Creek, California, United States Summit Consulting Full time

Position Title: Senior Underwriter - Contract Surety

Company Overview: Summit Consulting is a recognized leader in the insurance sector, offering a wealth of opportunities for professional growth. Our culture combines the agility of a small firm with the resources of a large organization, ensuring that your contributions are valued and impactful.

Commitment to Diversity: At Summit Consulting, we embrace diversity and the unique perspectives it brings. We strive to cultivate an inclusive environment where all employees feel empowered to excel and contribute to our collective success.

Key Responsibilities:
  • Manage the evaluation and selection of risks, ensuring alignment with company objectives and profitability targets.
  • Utilize independent judgment to drive business outcomes while maintaining exceptional customer service standards.
  • Analyze submissions and determine appropriate terms and conditions, including policy limits and coverage options.
  • Conduct thorough investigations of new and existing accounts, collaborating with various stakeholders to assess risk quality.
  • Prepare and analyze necessary reports to support the underwriting process, including financial statements and credit assessments.
  • Foster and maintain strong relationships with internal teams and external clients to enhance business retention and growth.
  • Apply underwriting guidelines and regulatory requirements consistently across all evaluations.
  • Provide mentorship and guidance to junior associates, contributing to their professional development.
  • Engage in ongoing performance management and talent development for direct reports.
  • Complete additional responsibilities as assigned by management.
Qualifications:

Education: Bachelor's Degree in Finance, Accounting, or a related field; MBA preferred.

Experience: A minimum of 3 years in a relevant role, with a focus on risk assessment and underwriting. Progress toward professional certifications such as AFSB, CPA, or RPLU is advantageous.

Compensation: Competitive salary range of $100,000 to $175,000, commensurate with experience.

Benefits: Comprehensive healthcare, retirement plans, and paid time off for eligible employees.

About Summit Consulting:

Summit Consulting is dedicated to building a sustainable future in the insurance industry. With a legacy of trust spanning nearly 150 years, we are committed to delivering innovative solutions tailored to niche markets.

Explore the potential of a career in insurance with Summit Consulting, where your journey can lead to endless possibilities.


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