Commercial Surety Underwriter

1 day ago


Chicago, Illinois, United States Berkshire Hathaway Specialty Insurance Full time
Job Opportunity:

Berkshire Hathaway Specialty Insurance (BHSI) is seeking a Senior Underwriter for Commercial Surety to join our team.

Job Summary:

The Senior Underwriter will be responsible for the underwriting of commercial surety accounts, including pre-qualifying new business, analyzing credit quality, and making sound decisions regarding terms, conditions, and pricing.

Key Responsibilities:
  • Underwrite commercial surety business, including credit analyses and monitoring of existing accounts
  • Develop and build the commercial surety book
  • Establish and develop broker and customer relationships
  • Review RFPs, contracts, and bond forms for large, sophisticated projects
  • Develop marketing plans and travel within the territory
Requirements:
  • At least 5 years of underwriting experience within the commercial surety space
  • Credit assessment skills and strong negotiation skills
  • Ability to work within a team environment and excellent verbal and written communication skills
  • Experience managing and collaborating with retail brokers
  • BS/BA Degree or equivalent experience
BHSI Offers:
  • A competitive package and exciting growth opportunities for career-oriented teammates
  • A dynamic, action-oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and stakeholders
  • A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework


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