Surety Underwriter

Job Summary:

We are seeking a highly skilled Surety Underwriter to join our team at IAT Insurance Group. As a Surety Underwriter, you will be responsible for handling routine underwriting responsibilities, including financial and account analysis, bond renewal preparation, and market development.

Key Responsibilities:

• Financial and account analysis of pertinent financial data, authority, and referral requirements for consideration of new, existing, and renewal business
• Requesting and gathering financial information on assigned accounts
• Bond renewal preparation and determination on whether bonds should be cancelled
• Market independently to our agent and broker partners with an emphasis on production
• Maintain Agency relationships and provide exceptional service and support
• Provide general direction to the Bond Underwriting Assistants for bond processing
• Provide quality recommendations to Branch and Home Office Reports on assigned accounts and agents
• Rate and review bonds for premium and classification accuracy
• Ensure accuracy and completeness of files and verify that all necessary documentation is complete in the file
• Act as the primary service contact and visit agents assigned by the Regional Manager in order to foster and maintain an ongoing relationship
• Accurately communicate knowledge of assigned accounts to Branch and Home Office personnel via written and verbal means
• Prioritize workflow to ensure work is done in a timely fashion and all deadlines are met

Qualifications:

• Bachelor's degree in Risk Management, Accounting, Finance, Mathematics, Business, or related with at least 2 years of surety underwriting experience
• Equivalent is defined as 6 years of relevant underwriting experience
• Credit/financial analysis will be considered in lieu of surety underwriting experience
• Strong marketing skills and ability to obtain new business and work with contractor clients
• Strong competency in quantitative and financial analysis
• Requires strong math aptitude, excellent verbal and written communication, interpersonal and negotiating skills
• Must be customer service oriented and have the utmost integrity
• Must be a self-starter with the ability to operate independently
• Must be able to provide a valid driver's license

Preferred Qualifications:

• AFSB industry designation

About IAT Insurance Group:

IAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S. We are committed to driving and building an open and supportive culture for all. Our employees propel IAT forward - driving innovation, stable partnerships, and growth. That's why we continue to build an engaging workplace culture to attract and retain the best talent.

Benefits:

• 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
• 7% 401(k) Company Match and additional Profit Sharing
• Hybrid work environment
• Numerous training and development opportunities to assist you in furthering your career
• Healthcare and Wellness Programs
• Opportunity to earn performance-based bonuses
• College Loan Assistance Support Plan
• Educational Assistance Program
• Mentorship Program

We are an Equal Opportunity Employer:

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

We maintain a drug-free workplace and participate in E-Verify.

Compensation:

Please note, that the annual gross salary range associated with this posting is $58,810 - $92,920. This range represents the anticipated low and high end of the base salary for this position.

The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit-sharing opportunities, and more.

Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role.