Senior Underwriter - Commercial Surety (Hybrid or Remote)
5 Days Old
Senior Underwriter - Commercial Surety (Hybrid or Remote) We are seeking a Senior Underwriter to join our Surety team. This role can be hybrid in Anaheim, CA or remote in the Southwest region of the United States.
Responsibilities
Under technical direction and within underwriting authority, review complex risks to determine acceptance of an application.
Determine selection or rejection of new and/or renewal business using underwriting rules and guidelines, manual rating rules, and insurance laws and regulations.
Analyze quality and quantity of risks written and prepare reports accordingly.
Monitor and evaluate results of assigned producers and territory; recommend and implement action plans for improvement of underwriting results.
Coach or mentor newer or less-experienced underwriters and assistants as needed.
Manage a profitable book of business by evaluating results, conducting portfolio reviews, and developing integrated pictures of profitability drivers (growth, retention, and profitability); implement action plans.
Underwrite new and renewal business, evaluate exposures from multiple sources (applications, reports, inspections, credit reports, etc.), and make decisions within authority level in partnership with the underwriting team.
Execute underwriting strategy, including portfolio management and self-audits; ensure compliance with state laws and company guidelines.
Develop strong relationships with producers to promote growth, retention, and profitability; determine strategy for account management and agency planning.
Collaborate with claims, actuary, and risk control teams to better service producers and accounts.
Gather and analyze competitor and producer information to inform pricing, appetite, and product decisions.
Collaborate with team to manage work inventories and production activities; document files and reports using automated desktop systems and tools.
Travel to key producers/accounts as needed and participate in industry events or committees; participate in account management and marketing meetings as appropriate.
Provide training and mentoring to less experienced underwriters and underwriting assistants.
Stay informed of industry, territory, and surety bond trends.
The expertise you bring
Bachelor's degree
Minimum of 3-5 years Commercial Surety Bond experience
AFSB preferred
Our salary ranges are determined by location, role, experience, and skillset. Typical base salary range for this position is $92,000 – $129,000, based on factors mentioned. For candidates in San Francisco, CA and the New York City metro area, the base salary range is $116,000 - $135,000. In addition to base salary, full-time Intact employees are eligible for bonus potential and a comprehensive benefits package including:
Comprehensive medical, dental, and vision insurance with no waiting period
Competitive paid time off programs
401(k) with annual contributions up to 12% of annual salary
Mental health support programs, life and disability insurance, paid parental leave, and additional voluntary benefits
This position will remain posted until a final candidate is selected. Once the role is filled, this job posting will be removed.
Why choose Intact
We live our Values: We are committed to acting with the highest ethical standards through our five core values: integrity, respect, customer driven, excellence, and social responsibility.
Our commitment to Diversity: Founded in our values, we see diversity as a strength and aspire to create an environment where everyone can be themselves, grow and succeed. Together, we will stand up for what’s right to build an inclusive society.
Manage your Time: What you accomplish matters more than hours in the office. We offer Time-Off and Flexible Work Arrangement options to support work-life balance.
Check out our Glassdoor reviews to see why people love working for Intact!
Our promise to you: Our values are foundational to our success. You’ll make a difference every day when you live our values, do your best work, are open to change, and invest in yourself. We offer support, opportunities, and performance-led rewards in a flexible work environment where you can:
Shape the future: Help lead an insurance transformation to better protect people, businesses and society.
Win as a team: Collaborate with inspiring people to do your best work every day and stand up for what’s right.
Grow with us: Refresh and reinvent your skills, learn from diverse teams, lift others up, and grow.
About Intact
At Intact Insurance Specialty Solutions we are experts at what we do. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage aligned to our targeted customer groups. We help protect over a dozen industries with tailored coverages and services.
Seniority level Mid-Senior level
Employment type Full-time
Job function Finance and Sales
Industries Insurance
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- Location:
- Anaheim, CA, United States
- Job Type:
- FullTime
- Category:
- Finance