Contract Surety Bonds Underwriting Manager - Pacific Northwest

Job Overview

Our Bonds Division is hiring for a Contract Surety Underwriting Manager to manage the Pacific Northwest territory. This will be a fully remote position and requires travel.

Essential Job Functions and Responsibilities

• Has responsibility for low to moderately complex risk selection/rejection, pricing, retention, growth, and profitability within scope of authority and per divisional objectives.
• Uses independent judgment and initiative to support business goals.
• Maintains a high level of customer service.
• Receives and analyzes submissions and determines terms to offer (policy limits, credit limits, deductibles, coverage options and conditions, work programs, etc.).
• Prices business in accordance with company guidelines.
• May conduct investigations of new and existing accounts through business owners (banks, owners, creditors, debtors, architects, engineers, criminal record checks, on-site visits, etc.).
• Assesses risk quality and compliance within company guidelines.
• Orders and analyzes miscellaneous business reports needed in the rating and underwriting processes, including credit checks, bank agreements, financial statements, and underwriting surveys.
• Makes recommendations on risks over authority.
• Enters, maintains and monitors accounts using underwriting, analysis, and desktop systems.
• Prepares effective internal and external communications on underwriting issues.
• Develops and maintains effective business relationships with internal and external customers/coworkers in order to attract and retain profitable business.
• Visits producers and principals in order to retain existing accounts, build and maintain business relationships, and develop new opportunities in support of divisional objectives.
• Interprets, explains, and markets products and services.
• Visits producers/insureds in order to retain existing accounts, survey exposures, build and maintain business relationships, and develop new opportunities in support of divisional objectives.
• Applies underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.
• May provide guidance and assistance to lower level associates.
• May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.
• Performs other duties as assigned.
• Job Requirements
• Education: Bachelor’s Degree or equivalent experience. Master’s in Business Administration (MBA) preferred but not required.
• Field of Study: Finance, Accounting or a related discipline
• Experience: Generally looking for 6+ years of related experience.

Progression toward certification in area of expertise preferred; appropriate certifications could include Associate in Surety and Fidelity Bonding (AFSB), Certified Public Accountant (CPA) and/or Registered Professional Liability Underwriter (RPLU).

• Additional Job Description
• Scope of

Job: Typically manages 2 or more reports.

Implements policies, procedures, and strategies under the direction of management.

Relies on experience and judgment to accomplish goals.

Physical Requirements

• Requires prolonged, sitting and/or standing.
• May require frequent travel, including overnight travel.
• May require ability to operate and/or travel in a motor vehicle for long periods of time.
• May require travel by airplane.
• Requires frequent use of computer.
• May lift, carry, push, or pull objects up to 50 lbs.
• Requires regular and predictable attendance.
• Business Unit
• Bond

Benefits

Compensation varies by role, position level, and location.

Individual pay is influenced by skills, education, training, certifications, experience, and the role’s scope and complexity, along with business needs.

We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match.

These benefits are available to eligible full-time and part-time employees.

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