Commercial Surety Transactional Underwriter

Bachelor’s Degree or equivalent experience
Field of Study: Finance, Accounting or a related discipline
Generally, a minimum of 3 years of related experience
Beginning coursework 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)

Underwrites and services existing small to mid-size financial accounts
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 credit reports, online filings, criminal records etc.
Assesses risk quality and compliance within company guidelines and industry loss ratios
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 analysis system
Develops and maintains effective business relationships with internal and external customers/coworkers
Provides production support to field personnel through interacting with the producers/insureds assisting in marketing calls and participating in underwriting/production calls
Applies underwriting rules and guidelines, rating manual rules, and insurance laws and regulations
Performs other duties as assigned