Senior Underwriter - Surety

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A Senior underwriter is responsible for assessing and managing risk associated with surety bond applications.  A Senior Underwriter evaluates the financial strength and credibility of applicants, analyzes terms, and makes informed decisions to protect the interests of the surety company while maintaining profitability.  A Senior underwriter will also be responsible for maintaining relationships with key agents and brokers. 

Willing to consider candidates in the following locations: Texas, Arizona, New Mexico, Oklahoma, Arkansas

Key Accountabilities/Deliverables:


* Review and evaluate surety bond applications/submissions to determine risk levels and underwriting terms.



* Analyze financial statements, credit reports, and other relevant documents to assess the financial stability of applicants.


* Collaborate with brokers, agents, and clients to gather necessary information required for proper analysis of bond risks.


* Develop and maintain relationships with brokers, agents, and industry professionals.


* Provide guidance and support to junior underwriters or team members.


* Stay updated on industry trends, regulations, underwriting practices, and competitors.


* Coordination with Automation Team to implement bond types/risks in the surety bond platform.


* Stay abreast of obligee requirements and statutory changes.


* Other projects and tasks as assigned.

Technical Knowledge and Understanding:


* Excellent decision-making abilities and attention to detail.


* Proficiency in underwriting software and tools.


* Effective communication skills, both verbal and written.


* Ability to manage multiple projects and prioritize tasks effectively.

Experience:


* Bachelor’s degree in finance, business, accounting, or related field is preferred.


* Extensive experience (5+ years) in surety underwriting or related field.


* Strong analytical skills with the ability to interpret financial data.


* Knowledge of surety bond principles, including indemnity agreements and bond forms.


* Travel of 10 - 20% required.

Applicants must be authorized to work for any employer in the U.S.

We are unable to sponsor or take over sponsorship of an employment Visa for this position.

#LI-Remote
 

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At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement.  We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program