Senior Insurance Underwriter

4 weeks ago


Minneapolis, Minnesota, United States Old Republic Surety CO Full time

Job Summary:

Old Republic Surety Company is seeking a Senior Contract Surety Underwriter to join its Underwriter Team. The ideal candidate will have a Bachelor's Degree and a minimum of three years of bond underwriting experience.

Key Responsibilities:

  • Produce an underwriting profit and protect against losses by proper risk selection and underwriting of all types of contract surety bonds.
  • Contribute to company profitability and minimize losses by proper acceptance or rejection of all types of bonds.
  • Act as liaison between agent, contractor, and branch to maintain good public relations and facilitate resolution of underwriting or procedural questions/problems.
  • Participate in regular travel of the assigned territory by use of motor vehicle, public transportation, and/or airplane.
  • Conduct field calls on contractors to audit records and files and gather information which can help to assure proper underwriting determinations.
  • Implement underwriting changes when directed by management or Home Office Underwriters to assure profitability of various classes of business.
  • 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.

Requirements:

  • Bachelor's Degree or equivalent.
  • Minimum of three years of bond underwriting experience.
  • Proficiency with Microsoft (MS) Windows and Office products.
  • Excellent oral and written communication skills.
  • Strong organizational and accurate proofreading skills.
  • Ability to maintain accurate records.
  • Ability to exercise discretion with confidential information.
  • Strong attention to detail.

Benefits:

  • Lucrative Annual Bonus based upon performance.
  • Health Insurance.
  • Dental Insurance.
  • Flexible Spending & Health Savings Account options.
  • Life Insurance.
  • Vision Insurance.
  • Supplement Life Insurance.
  • Long-Term Disability Insurance.
  • Accident & Critical Illness Insurance.
  • Pet Insurance.
  • Hybrid work opportunities available upon completion of training.
  • Casual business attire.
  • Paid holidays.


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